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WKN: A0DPQC / ISIN: US6933202029

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15.08.2013 03:57:00

Moody's sees no negative ratings impact on PHH-sponsored fleet lease securitizations due to certain amendments

New York, August 14, 2013 -- Moody's Investors Service (Moody's) stated today that at this time, certain amendments to the transaction documents for Chesapeake Funding LLC (Issuer) will not, in and of themselves, result in a reduction or withdrawal of the current credit ratings on the securities issued by the Issuer relating to certain series of notes. The complete list is as follows:

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