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28.07.2016 17:24:00
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Moody's downgrades UK student loan ABS deal Honours PLC Series 2 class C and D notes
London, 28 July 2016 -- Moody's Investors Service has today downgraded the ratings of class C notes' to Ba2 (sf) from Baa2 (sf), on review for downgrade and class D notes' ratings to B3 (sf) from Ba2 (sf), on review for downgrade in Honours PLC Series 2. At the same time, Moody's confirmed the class B notes' A3 (sf), on review for downgrade rating. Honours PLC Series 2 is a UK asset-backed securities (ABS) transaction backed by student loans.
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