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Moody's downgrades ratings in Elrond NPL 2017 S.r.l.

Moody's Investors Service ("Moody's") has today downgraded the ratings of two notes in Elrond NPL 2017 S.r.l. ("Elrond"). This downgrade reflects lower than anticipated cash-flows generated from the recovery process on the non-performing loans (NPLs) and higher interest expense on the notes combined...

Moody's downgrades ratings in Elrond NPL 2017 S.r.l.

Rating Action: Moody's downgrades ratings in Elrond NPL 2017 S.r.l. Global Credit Research- 21 Dec 2021. Madrid, December 21, 2021-- Moody's Investors Service has today downgraded the ratings of Class A and B Notes in Elrond NPL 2017 S.r.l..

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