Report

Moody's: No adverse rating impact on the Series 2018-3, 2019-1, 2019-2, 2020-1, and 2021-1 notes (the "Notes") issued by Chesapeake Funding II LLC (the "Issuer") following the amendments to the base and 2019-2, 2020-1, and 2021-1 supplemental indentures

Moody's Investors Service ("Moody's") announced today that the amendment of the required hedging arrangements in the base indenture and supplemental indentures to replace LIBOR with the applicable benchmark, initially SOFR, would not, in and of itself and as of this point in time, result in a reduct...
Underlyings
Chesapeake Funding II LLC, Series 2018-3

Chesapeake Funding II LLC, Series 2019-1

Chesapeake Funding II LLC, Series 2019-2

Chesapeake Funding II LLC, Series 2020-1

Chesapeake Funding II LLC, Series 2021-1

Provider
Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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