31.05.2013 20:49:00

Moody's confirms fives notes and downgrades one note in four Spanish RMBS transactions

Madrid, May 31, 2013 -- Moody's Investors Service has today confirmed the ratings of five notes in four Spanish residential mortgage-backed securities (RMBS) transactions: AyT 7 Promociones Inmobiliarias I, AyT Promociones Inmobiliarias II, AyT Promociones Inmobiliarias III and AyT Hipotecario IV. At the same time, Moody's downgraded the ratings of Class B notes in AyT Hipotecario IV. Insufficiency of credit enhancement to address sovereign risk has prompted this downgrade.

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