Report
EUR 164.16 For Business Accounts Only

Moody's: No rating impact on HBS Trust 2008-1R after collateral substitution

Sydney, February 20, 2017-- Moody's Investors Service announced today that a substitution of AUD36 million of mortgage loans into HBS Trust 2008-1 R on 20 February 2017 would not, in and of itself and as of this time, result in the downgrade or withdrawal of the Class A notes issued by Perpetual Trustee Company Limited, in its capacity as trustee of HBS Trust 2008-1 R. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS.
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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:

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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.



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