London, 08 July 2013 -- Moody's Investors Service has today downgraded the ratings of four senior and four junior and mezzanine notes in four Italian residential mortgage-backed securities (RMBS) transactions: Sestante Finance S.r.l., Sestante Finance S.r.l. - Series 2004; Sestante Finance S.r.l. - Series 2005 and Sestante Finance S.r.l. - Series 2006. At the same time Moody's has confirmed the rating of one junior note in Sestante Finance S.r.l. - Series 2004. Insufficiency of credit enhancement to address sovereign risk and revision of key collateral assumptions have prompted today's downgrade.

Vollständigen Artikel bei Moodys lesen