Moody's Investors Service downgraded 24 structured finance transactions backed by pools of Greek assets.

The downgrades were prompted by increased credit risk of the Greek sovereign and affect € 6.906 billion ($9.3 billion) of tranches from 11 RMBS deals, €10.710 billion of tranches from 11 ABS deals and €2.082 billion of tranches from two CLOs.

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