reports
Moody's Ratings downgrades Class A Notes in RED SEA SPV S.r.l.
Moody's Ratings (Moody's), has today downgraded the rating of Class A notes in RED SEA SPV S.r.l.. The rating action reflects lower than anticipated cash-flows generated from the recovery process on the non-performing loans (NPLs) and under-hedging. ....EUR1656.504M Class A Notes, Downgraded to B2...
Moody's downgrades Class A notes rating in RED SEA S.r.l.
Moody's Investors Service ("Moody's") has today downgraded the rating of Class A notes in RED SEA SPV S.r.l.. The rating action reflects slower than anticipated cash-flows generated from the recovery process on the non-performing loans (NPLs). ....EUR1656.5M Class A Notes, Downgraded to Baa2 (sf)...
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