09.08.2016 15:36:00
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Moody's upgrades four and affirms twelve ratings in two UK RMBS transactions
London, 09 August 2016 -- Moody's Investors Service has today upgraded the ratings of the Ca and Cc notes to Aa3 (sf) from A2 (sf) in Leek Finance Number Eighteen PLC. The ratings of the other notes were affirmed. The rating action reflects the increased levels of credit enhancement due to amortisation combined with the related reduced counter party exposure.