18.07.2016 15:36:00

No negative rating impact on the Volta III Electricity Receivables Securitisation Notes following the last rating action on Deutsche Bank AG

London, 18 July 2016 -- Moody's Investors Service, ("Moody's") announced today that the proposal to retain Deutsche Bank AG, London Branch ("the Bank") in its role as Issuer Account Bank following the recent downgrade of Deutsche Bank AG's Long Term Bank Deposits ratings to A3 from A2 and its Short-Term Deposits ratings to P-2, will not, in and of itself at this time, result in a reduction or withdrawal of the current ratings on Volta III Electricity Receivables Securitisation Notes.

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