Rating Agency Developments - November 26, 2013

Orrick - Finance 20/20
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On November 20, S&P released a request for comment on its methodology for rating CDOs of project finance debt. Comments must be submitted by December 21. S&P Request for Comment.

On November 19, Moody’s released its updated approach to rating CLOs. Moody’s Report.

On November 19, Moody’s released its approach to rating corporate synthetic CDOs. Moody’s 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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