Moody's downgrades 3 notes and confirms 3 notes in 4 Bankinter Spanish RMBS transactions

Madrid, January 23, 2014 -- Moody's Investors Service has today downgraded the ratings of three mezzanine notes in three Spanish residential mortgage-backed securities (RMBS) transactions: Bankinter 4, FTH (Bankinter 4); Bankinter 7, FTH (Bankinter 7) and Bankinter 9, FTA (Bankinter 9). Swap counterparty exposure has prompted today's action. At the same time, Moody's confirmed the ratings of three notes in Bankinter 3, FTH (Bankinter 3), Bankinter 4 and Bankinter 9, as a result of the rating agency's detailed analysis of swap counterparty exposure. Other ratings in these deals, which were not on review for possible downgrade, have been affirmed.

Vollständigen Artikel bei Moodys lesen