reports
Moody's downgrades Class A Notes in Belvedere SPV S.R.L.
Moody's Investors Service ("Moody's") has today downgraded the rating of one note in BELVEDERE SPV S.R.L. ("Belvedere"). The rating action reflects lower than anticipated cash-flows generated from the recovery process on the non-performing loans (NPLs) and under-hedging. ....EUR320M Class A Notes,...
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