Report
EUR 164.16 For Business Accounts Only

Moody's: No rating impact on Barclays card ABS following account addition and amendment to transaction document

New York, March 02, 2017-- Moody's announced today that the addition of an approximate receivables balance of $1.0 billion to the Barclays Dryrock Issuance Trust and the execution of the First Amendment to the Amended and Restated Transfer Agreement on 1 March 2017 would not, in and of themselves and as of this time, result in the downgrade or withdrawal of the ratings currently assigned to any class of outstanding notes issued by the Barclays Dryrock Issuance Trust.
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
    11,000 corporate issuers
    21,000 public finance issuers
    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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