Moody's: Alpstar CLO 2 Plc ratings unaffected by sale of four currency options

London, 09 March 2015 -- Moody's Investors Service stated today that the ratings of the notes issued by Alpstar CLO 2 P.L.C. (the "Issuer") will not be affected by the sale of all currency options by Toro S.a.r.l. (the "Collateral Manager") on the 9 of March 2015. The currency options are documented under an ISDA Master Agreement dated 4 April 2007, originally between the Issuer and AIG Financial Products Corp. and later on novated to Deutsche Bank A.G., London Branch in 2010. Moody's notes that the two USD/EUR options and the two GBP/EUR options were currently mostly out of the money. Moody's does not express an opinion as to whether the amendment could have other, non credit-related effects.

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