Moody's Investors Service ("Moody's") has today downgraded the rating of one note in Alba 2005-1 plc. The rating action reflects the deterioration in the levels of credit enhancement for the affected notes. Moody's affirmed the ratings of the notes that had sufficient credit enhancement to mainta...
Rating Action: Moody's upgrades two notes in UK Non-conforming RMBS transactions Alba 2005-1 plc and Alba 2007-1 plc. Global Credit Research- 18 Oct 2021. London, 18 October 2021-- Moody's Investors Service has today upgraded the ratings of one note in Alba 2005-1 plc and one note in Alba 2007-1 plc. The rating action reflects the increased levels of credit enhancement for the affected notes, and better than expected collateral performance.
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