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10.02.2014 21:28:00

Moody's confirms the rating of six notes in four Italian Vela RMBS transactions originated by Banca Nazionale Del Lavoro

London, 10 February 2014 -- Moody's Investors Service has today confirmed the ratings of six notes in Vela ABS S.r.l, Vela Home S.r.l. - Series 2, Vela Home S.r.l. - Series 3 and Vela Home S.r.l. - Series 4. Sufficient protection of the notes against swap counterparty exposure has prompted today's action. At the same time, Moody's affirmed the ratings of all tranches from these four transactions which were not on review for possible downgrade.

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