Moody's: No rating impact on Synchrony's card ABS following amendment to transaction document
New York, November 17, 2016-- Moody's Investors Service announced today that the execution of Supplement No. 1 to Series 2015-4 Indenture Supplement on 17 November 2016 would not, in and of itself and at this time, result in a downgrade or withdrawal of the ratings assigned to any class of outstanding notes issued by Synchrony Credit Card Master Note Trust. The Supplement, which is credit neutral or marginally credit positive, amended the Series 2015-4 Indenture Supplement by...
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