MILAN (S&P Global Ratings) Dec. 9, 2024--S&P Global Ratings now publishes transaction update reports following its annual surveillance review for the majority of EMEA ABS and RMBS transactions it rates.
These publications aim to provide additional clarity and insight regarding our rating surveillance activities, in response to requests from investors and other market participants.
We will prepare a transaction update report for each in-scope EMEA ABS and RMBS transaction shortly after reviewing it as part of our annual surveillance cycle, if the review has not led to a rating action. When a rating action is taken, we will publish a media release as usual, where we report the analysis performed and the relative information. The transaction update reports summarize the transaction's tranches with our currently assigned ratings, key transaction and portfolio features, credit enhancement data, our latest credit assumptions, and updated performance charts.
Transaction update reports are available on the relevant entity page for each issuer as a "Full Analysis" type report under the "Credit Story" section on S&P Capital IQ Pro (www.capitaliq.spglobal.com) or under the "S&P Research" section on S&P Capital IQ (www.capitaliq.com). We announce a list of published transaction update reports (see "EMEA ABS And RMBS Structured Finance Transaction Updates Published Following Annual Reviews," published on Nov. 19, 2024) every month.
This report does not constitute a rating action.
The report is available to RatingsDirect subscribers at www.capitaliq.com. If you are not a subscriber, you may purchase a copy of the report by emailing research_request@spglobal.com. Ratings information can also be found on S&P Global Ratings' public website by using the Ratings search box at www.spglobal.com/ratings. Alternatively, call S&P Global Ratings' Global Client Support Line (44) 20-7176-7176.
| Primary Credit Analyst: | Benedetta Avesani, Milan + 39 02 72 111 258; benedetta.avesani@spglobal.com |
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