06.05.2016 18:37:00

Moody's upgrades five notes, downgrades one note and affirms seven notes in German E-MAC transactions

London, 06 May 2016 -- Moody's Investors Service has today upgraded the ratings of five notes, downgraded one note and affirmed four notes in E-MAC DE 2005-I B.V., E-MAC DE 2006-I B.V. and E-MAC DE 2006-II B.V. The ratings of the Class A1, A2 and B notes of E-MAC DE 2007-I B.V. were affirmed.

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