13.04.2015 18:30:00
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Moody's Determines No Negative Rating Impact Due to Swap Novation in Windermere X CMBS Limited
London, 13 April 2015 -- Moody's Investors Service stated today that the execution of a swap novation agreement (the "Novation Agreement") relating to the swap agreement (the "Old Transaction") between Windermere X CMBS Limited (the "Issuer") and Royal Bank of Scotland plc rated Baa1 (under review for possible upgrade)/P-2 by Moody's (the "Transferor") in relation to the Tour Esplanade loan will not, in and of itself and at this time, result in a reduction or withdrawal of the current rating of the notes issued by the Issuer (the "Notes").