Moody's: Orient Point CDO II ratings unaffected by Entry into Supplemental Indenture and Termination of Hedge

New York, August 15, 2014 -- Moody's Investors Service has determined that entry into a supplemental indenture (the "Supplemental Indenture") effective as of August 15, 2014, and subsequent termination of the existing interest rate hedge agreement (the "Hedge Termination") by Orient Point CDO II, Ltd. (the "Issuer"), an SF CDO, and performance of the activities contemplated in the Supplemental Indenture or in connection with the Hedge Termination will not in and of themselves and at this time result in the withdrawal, reduction, or other adverse action with respect to any current rating (including any private or confidential ratings) by Moody's of any Class of Notes issued by the Issuer. Moody's does not express an opinion as to whether the Supplemental Indenture and Hedge Termination could have non-credit-related effects.

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