Moody's Investors Service, ("Moody's") has today downgraded the ratings of two notes in BCC NPLs 2018 S.r.l. ("BCC 2018"). The rating action reflects lower than anticipated cash-flows generated from the recovery process on the nonperforming loans (NPLs) and in the case of class A notes, underhedging...
Moody's Investors Service ("Moody's") announced today that the Senior Noteholders decision to replace Prelios Credit Servicing S.p.A. (Prelios) with Special Gardant S.p.A (SG) as Special Servicer and with Master Gardant S.p.A. as Master Servicer after the occurrence of two consecutive Underperform...
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