Moody's Investors Service has assigned a provisional rating  to two classes of Notes issued under the €520 million ($692 million) small- and medium-sized enterprise (SME)CDO dubbed FTPYME TDA CAM 9, FTA.  

The agency rated both the €104 million series A1 note rated 'Aaa (sf)' and  the €416 million series A2 note'Aaa(sf).' 

FTPYME TDA CAM 9, FTA is a securitization of loans mainly granted to SME's by Caja de Ahorros del Mediterraneo. The securitization is done under the FTPYME program following the Spanish Ministry of Economy's allocation of a new guaranty budget for such transactions for the current year.

 
 

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.