London, 19 August 2016 -- Moody's Investors Service announced today that the issuance by Akbank Remittances Trust Securitisation Limited (A.R.T.S. Ltd.) (the "Issuer") on 19 August 2016 of USD 250 million equivalent of Tranche 47 due in September 2024 which is not rated by Moody's (the "Issuance") would not, in and of itself and as of this time, result in the downgrade or withdrawal of the current ratings on outstanding notes of the Issuer.
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