New York, March 08, 2016 -- Moody's Investors Service affirmed the Aaa backed senior secured long-term and Prime-1 short-term ratings of Private Export Funding Corporation (PEFCO). The outlook was changed to stable from negative. The affirmation reflects PEFCO's relationship with the Export-Import Bank of the United States (Ex-Im Bank), as well as its strong balance sheet and solid liquidity. The stable outlook reflects the reauthorization of Ex-Im Bank's charter through 2019, which allows PEFCO to resume its lending activity and reduces the risk that it will change its strategic direction.

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