Capital Market Journal

Capital Markets are the cornerstone foundation of economies

CREDIT RATING DOWNGRADE

Moody’s places Tesco Personal Finance plc’s ratings on review for downgrade

Moody’s Investors Service (Moody’s) today placed on review for downgrade all ratings and assessments of Tesco Personal Finance plc (Tesco Bank) and its holding company Tesco Personal Finance Group plc (TPFG): Tesco Bank’s Baseline Credit Assessment (BCA) and Adjusted BCA…

Moody’s Ratings places on review for downgrade one rating in Canada Square Funding 7 PLC

Moody’s Ratings (“Moody’s”) has today placed on review for downgrade the rating of one note in Canada Square Funding 7 PLC. The rating action reflects lower than anticipated yield generated by the pool of mortgage loans. ….GBP 2.82M Class D…

Moody’s downgrades Huws Gray’s ratings to B3 from B2

Moody’s Investors Service downgraded the long-term corporate family rating (CFR) of Patagonia Bidco Limited (Huws Gray or the company) to B3 from B2 and the probability of default rating (PDR) to B3-PD from B2-PD. Concurrently, Moody’s has downgraded to B3…

SANTANDER’S RMBS CREDIT DERIVATIVE LOANS PORTFOLIO DOWNGRADED

Moody’s downgraded the rating of Class B notes in FONDO DE TITULIZACIÓN RMBS SANTANDER 7 (“RMBS Santander 7”). The rating action reflects worse-than-expected collateral performance and the unpaid interest accumulated in Class B notes. Moody’s affirmed the rating of the…