Rating Agency Developments - May 29, 2013

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On May 22, Moody’s released its methodology for rating auto loan­-backed ABS. Moody’s Report.

On May 20, S&P released its methodology for revising reinvestment interest rates for fixed-rate bonds. S&P Report.

On May 17, Fitch released its amended criteria for rating U.S. federal family education loan program student loan ABS. Fitch Report.

On May 17, Fitch released its state revolving fund and leveraged municipal loan pool criteria. Fitch Report.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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