By early next year, more European conduit programs will be eligible to receive Moody's Investors Service post review status, said panelists at the rating agency's second annual ABCP program in London last week.

Post review eligibility would allow conduit programs the benefit of purchasing assets without first obtaining a ratings confirmation, and would essentially allow for a faster and more efficient transaction execution period. Moody's conducts its review of the assets and documents after closing.

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