02.03.2016 17:54:00
|
Moody's: No impact for Chinese structured finance transactions following sovereign action
Hong Kong, March 03, 2016 -- Moody's Investors Service says that the ratings on outstanding Chinese auto asset backed securities (ABS) transactions or on transactions with strong rating linkages to Chinese banks, their Hong Kong subsidiary, or Chinese leasing company are not impacted by Moody's decision to change to negative from stable the outlook on the Aa3 rating of China, as announced on 2 March 2016.