26.06.2014 19:03:00
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Moody's updates its approach to rating TruPS CDOs
New York, June 26, 2014 -- Moody's Investors Service has updated its approach to rating collateralized debt obligations backed by trust-preferred securities (TruPS CDOs) in the updated methodology, "Moody's Approach to Rating TruPS CDOs." The updates have a generally positive impact of up to four notches on the ratings of senior tranches and up to three notches on those of mezzanine and junior tranches.