Moody's: Newfoundland CLO I Limited ratings unaffected by trust deed amendments

London, 27 May 2014 -- Moody's Investors Service has determined that Newfoundland CLO I Limited (the "Issuer"), a managed cash balance sheet CLO, proposed entry into a Sixth Supplemental Trust Deed between the Issuer and the rest of the transaction parties (the "Amended Agreement") and performance of the activities contemplated therein will not in and of itself and at this time cause the current Moody's ratings of the Notes issued by the Issuer to be reduced or withdrawn. Moody's does not express an opinion as to whether the amendment could have other, non credit-related effects.

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