24.11.2014 16:06:00

Moody's: Magenta's ABCP rating unaffected by programme amendments to issue structured ECP

Frankfurt am Main, November 24, 2014 -- Moody's Investors Service has announced today that certain programme amendments related to the issuance of structured ECP and reduction of the rating trigger to P-3 (sf) will not, in and of themselves and at this time, result in a withdrawal or reduction of the current rating of the asset backed commercial paper (ABCP) issued by Magenta Funding ST/Magenta Funding LLC (together know as "Magenta"). Magenta is a fully supported, prior review, multiseller ABCP conduit, sponsored and administered by Natixis (A2/P-1/D).

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