New York, June 27, 2016 -- Moody's announced today that the execution of amendments to (1) the Second Amended and Restated Series 2013-2 Indenture Supplement and (2) the Series 2015-2 Indenture Supplement (the amendments) would not, in and of themselves and as of this time, result in the downgrade or withdrawal of the ratings currently assigned to the Series 2013-2 Floating Rate Asset Backed Notes or the Series 2015-2 Floating Rate Asset Backed Notes (the notes) issued by Chesapeake Funding LLC.
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