Madrid, December 04, 2013 -- Moody's Investors Service has today placed on review for downgrade the rating of tranche C(T) in Spanish RMBS deal Bankinter 9, FTA due to swap counterparty exposure. The determination of the linkage between swap counterparty and the credit quality of the notes reflects Moody's updated approach to assessing linkage to swap counterparties in structured finance cash flow transactions:"Approach to Assessing Linkage to Swap Counterparties in Structured Finance Cash Flow Transactions", published in November 2013.
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