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Moody's Ratings upgrades ratings in two German auto ABS transactions

Moody's Ratings (Moody's) has today upgraded the ratings of two Notes in VCL Multi-Compartment S.A., Compartment VCL 39 ("VCL 39")  and VCL Multi-Compartment S.A., Compartment VCL 41 ("VCL 41"). The rating action reflects the increase in the levels of credit enhancement for the affected Notes. We ...

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