11.06.2013 19:08:00
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Moody's Confirms Rating of Consumer One S.r.l. Italian ABS Notes
London, 11 June 2013 -- Moody's Investors Service has today confirmed at A2 (sf) the rating of the Class A notes issued by Consumer One S.r.l. Sufficient credit enhancement, which protects against sovereign and counterparty risk, primarily drove this confirmation. Today's rating action concludes the review for downgrade initiated by Moody's on 2 August 2012. This transaction is an asset-backed securities (ABS) transaction backed by consumer loans originated by UniCredit SpA (Baa2/P-2).