London, 19 December 2012 -- Moody's Investors Service has today announced that the changes and amendments to the transaction documents of the Crédit Mutuel Arkéa Public Sector SCF Covered Bond Programme (the "Programme") in conjunction with the programme update, will not, in and of themselves and at this time, result in a reduction or withdrawal of the current Aaa ratings of the notes issued by the Issuer (the "Notes").The changes and amendments are being made mainly to include other rating agency swap counterparty criteria.
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