20.12.2012 16:24:00
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Moody's: Citius I Funding, Ltd. ratings unaffected by Assignment and Assumption of Collateral Management Agreement
New York, December 20, 2012 -- Moody's Investors Service has determined that the assignment of the Collateral Management Agreement dated as of May 3, 2006 (the "Agreement") by Aladdin Capital Management LLC ("Aladdin") to Cairn Capital of North America, Inc. ("Cairn") as Collateral Manager to Citius I Funding, Ltd., (the "Issuer") under the provisions of an assignment and assumption agreement between Aladdin and Cairn dated as of December 20, 2012 (the "Assignment and Assumption") and performance of the activities contemplated therein will not in and of themselves and at this time result in the immediate withdrawal, reduction or other adverse action with respect to any public rating by Moody's of any Class of Notes or the Class A CP Notes issued by the Issuer. Moody's does not express an opinion as to whether the Assignment and Assumption could have non-credit-related effects.