asset isolation

Rating Agency Developments

On May 9, Fitch released its guidelines for rating tender option bondsFitch Report.   

On May 9, Moody’s released its methodology for rating CLOsMoody’s Report.

On May 8, Fitch released its surveillance criteria for franchise loan ABSFitch Report

On May 7, S&P released its criteria for multiple-use special-purpose entitiesS&P Report

On May 7, S&P released its criteria for assessing guarantees in structured finance transactionsS&P Report.   

On May 7, S&P released its criteria for asset isolation and special-purpose entities in structured finance transactionsS&P Report

On May 7, Moody’s released its methodology for rating consumer loan ABS transactions.  Moody’s Report

On May 7, Moody’s released its guidelines for incorporating sovereign risk into (i) rating CDOs of SMEs in Europe; (ii) rating multi-pool financial lease-backed transactions in Italy; and (iii) rating EMEA auto loansMoody’s Report (SME CDO)Moody’s Report (Italy)Moody’s Report (EMEA Auto Loans)

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