Report

Moody's Ratings: No adverse rating impact on Class A Notes due April 2042 (the "Securities/Notes") issued by Quarzo S.r.l., Series 2023-2 (the "Issuer") following the decision to extend the revolving period for additional two years

Moody's Ratings (Moody's) announced today that the decision to extend the revolving period for additional two years up to October 2027 and to increase the "Cumulative Default Ratio" level (which is relevant as Purchase Termination Event in the context of the transaction) from to 3.0% to 3.5% would n...
Underlying
Quarzo S.r.l., Series 2023-2

Provider
Moody's Investors Service
Moody's Investors Service

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