28.07.2015 13:53:00
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Moody's: No rating impact following reduction of the cash reserve and simultaneous addition of a new principal reserve in Mercurio Mortgage Finance S.R.L. 2009-5
London, 28 July 2015 -- Moody's Investors Service announced today that the proposed reduction of the cash reserve by Mercurio Mortgage Finance S.r.l. 2009-5 (the "Issuer") from 10.5% to 5% of the balance of the notes at closing (from 17.2% to 8.3% of the current balance of the notes) on 27 July 2015 will not, in and of itself and at this point in time, result in a downgrade or withdrawal of the current ratings of the notes for the Issuer.