Moody's Global Credit Research http://www.alacrastore.com/publisher-rss/moodys Tuesday, May 13, 2008 3:21:32 PM 172 en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/moodys/NIR_800006551_15788474?CMP=OTC-RSSPUB&HQS=moodysmoodys/NIR_800006551_15788474htmlGlobal Credit Research New Issue ## MAY #### New Issue: Chicago Transit Authority, IL MOODY'S ASSIGNS A PROVISIONAL RATING OF (P)Aa# TO THE CHICAGO TRANSIT AUTHORITY'S $#.## BILLION SALES AND TRANSFER TAX RECEIPTS REVENUE BONDS, TAXABLE...5/13/2008 12:11:36 PMhtmlChicago Transit Authority, ILChicago Transit Authority, IL800006551150.0000NewsNew IssueNIR_800006551_15788474Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_109050?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBC_109050pdfThis Thomson Financial Investext report contains business intelligence generated by analysts at leading research organizations worldwide. Information provided may include trends, sales and earnings forecasts, market share projections, and research and development expenditures. The database supplements and extends the data found in annual and quarterly reports and is particularly useful for market research, corporate development, competitive analysis, business planning, and financial forecasting.5/13/2008 12:11:36 PMpdf550.0000SpecialReportIndustry OutlookPBC_109050Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBM_PBM108762?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBM_PBM108762pdf...Effective use of state-of-t he-art medical technology can make a difference in a not- for-profit hospital s long-term success and will be an important element to the health care system of the future. Simply possessing the latest technology can build reputation with patients, assi st with physician recruitment and allow a hospital to be a price-setter instead of a price-taker, when negotiating with commercial health plans. Well-utilized medical technologies are also likely to improve clinical outcomes, advance a hospital s clinic al quality agenda and may become increasingly important as Medicare a nd other payers stop paying for hospital- acquired illnesses or never-events. Expensive and rapidly changing medical technology plays an important role in a hospital s strategic, financial and capita l planning, and represents one of many capital-intensive strategies competing for the finite liquidity that is so important to financial health and credit position. New technologies... 5/13/2008 12:11:36 PMpdf550.0000SpecialReportSpecial CommentPBM_PBM108762Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132631?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132631pdf...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary Footnotes - Capital Structure Footnotes - Portfolio and Performance Data # CPR (Constant Prepayment Rate) Moody's CPR calculation = #-(#-(Current Period Unscheduled Principal Payments divided by Current Period Outstanding Pool Balance plus Unscheduled Principal Payments))^[reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). # TRR (Total Redemption Rate) Moody's TRR calculation = #-(#-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^ [reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). ... 5/13/2008 12:11:36 PMpdfFCC BPI MASTER MORTGAGE 2003FCC BPI MASTER MORTGAGE 2003400024576300.0000AnalysisPerformance OverviewPBS_SF132631Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRO_155234?CMP=OTC-RSSPUB&HQS=moodysmoodys/PRO_155234htmlGlobal Credit Research Announcement ## MAY #### Announcement: Moody's Fully Supported Municipal & IRB Deals New York, May ##, #### -- ASSIGNMENTS Alaska Industrial Development and Export Authority, AK, Revolving Fund Refunding Bonds...5/13/2008 12:11:36 PMhtml150.0000NewsAnnouncementPRO_155234Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/RU_800001088_15791982?CMP=OTC-RSSPUB&HQS=moodysmoodys/RU_800001088_15791982htmlGlobal Credit Research Rating Update ## MAY #### Rating Update: Antelope Valley Healthcare District, CA MOODY'S CONFIRMS Baa# RATING FOR ANTELOPE VALLEY HEALTHCARE DISTRICT (CA), REMOVING THE RATING FROM WATCHLIST FOR POSSIBLE DOWNGRADE;...5/13/2008 12:11:36 PMhtmlAntelope Valley Healthcare District, CAAntelope Valley Healthcare District, CA800001088150.0000NewsRating UpdateRU_800001088_15791982Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_107501?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBC_107501pdf...The A# rating combines (#) GAIL s stand-al one credit quality of #, which maps to Baa# rating on Moody s global scale, underpinned by its dominant position in India s gas transmission sector, as we ll as the robust state of industry fundamentals; and (#) the one notch rating upli ft resulting from the likelihood of the Indian government (local currency rating of Ba#) providing credit support in a distress situation. With an extensive pipeline network in pl ace, Moody s believes GAIL is strongly positioned to take advantage of India s strong demand and increased gas supply environment. The rating also reflects t he fact that around ##% of the company s EBITDA derives from its relatively stable and reliable gas transmission business, as well as its high level of diversific ation and the synergies apparent between its different segments. At the same time, the stand-alone credit quality incorporates its large debt-funded capex program to almost triple its pipeli ne capacity... 5/13/2008 8:13:35 AMpdfGail (India) LimitedGail (India) Limited808350630300.0000AnalysisAnalysisPBC_107501Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_108926?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBC_108926pdf...Headquartered in Stockholm, Swedbank AB (former F reningsSparbanken AB), is one of the four largest banking groups in Sweden. The banking group was formed in #### as a result of a merger between Sparbanken Sverige and F reningsbanken. The activities of t he group comprise retail and corporate banking, specialized finance, private bank ing, merchant and investment banking, capital markets and through Robur AB, asset management and life insurance. The bank s Baltic banking business includes the group s subsidiary Hansapank in the Baltic States and Russia. In Februar y ####, Swedbank acquired the Ukranian bank Tas-Kommerzbank (TAS). Swedbank has a customer base of # million retail customers and ###,### co rporate customers. As of December ####, the group had to tal assets of SEK #,### billion and ##,### employees. ... 5/13/2008 8:13:35 AMpdfSwedbank ABSwedbank AB705000550.0000SpecialReportCompany ProfilePBC_108926Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132457?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132457pdf... on ### subprime second lien residential mortgage-backed securities (RMBS) issued between #### and ####. Those actions resulted from Moody's most recent review of subprime second lien -backed securities as part of its ongo- ing RMBS surveillance process. Second lien-backed transactions issued since #### - which make up only #.#% of the Moody's-rated subprime RMBS universe over that period - have experienced extreme and persistent poor performance that has resulted in a continued down- ward migration of their ratings over the past year. In fact, Moody's has down- graded many subprime second lien-backed RMBS multiple times since January ####.This report summarizes the rating acti ons taken on ####-#### vintage second lien RMBS to date and provides an update on the collateral performance of second lien mortgage pools. ... 5/13/2008 8:13:35 AMpdf550.0000SpecialReportSpecial ReportPBS_SF132457Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132616?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132616pdf... Sebastian Hoepfner, ####-####-####, Sebastian.Hoepfner@moodys.com Olimpia da Silva, ####-####-####, Olimpia.DaSilva@moodys.com Client Service Desk London: ####-####-####, csdlondon@moodys.com Monitoring... 5/13/2008 8:13:35 AMpdfHCF Funding No. 1 B.V. Series 2006HCF Funding No. 1 B.V. Series 2006400043138300.0000AnalysisPerformance OverviewPBS_SF132616Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132618?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132618pdf... Bank Limited [Baa# (LT Bank Deposits - Fgn Curr)] Servicer:FirstRand Bank Limited [Baa# (LT Bank Deposits - Fgn Curr)] Backup/Special Servicer: Trustee:Werksmans Trust (Proprietary) Limited [- -] Lead Underwriter: Rand Merchant Bank [- -] Pool Currency: ZAR Original Pool Balance: #,###,###,### Pool Reporting Frequency: Quarterly Last Reporting Date: ##/##/#### ... 5/13/2008 8:13:35 AMpdfNitro Securitisation 3 (Proprietary) LimitedNitro Securitisation 3 (Proprietary) Limited720193007300.0000AnalysisPerformance OverviewPBS_SF132618Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132622?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132622pdf... Sebastian Hoepfner, ####-####-####, Sebastian.Hoepfner@moodys.com Olimpia da Silva, ####-####-####, Olimpia.DaSilva@moodys.com Client Service Desk London: ####-####-####, csdlondon@moodys.com Monitoring... 5/13/2008 8:13:35 AMpdfJump S.r.l.Jump S.r.l.400034312300.0000AnalysisPerformance OverviewPBS_SF132622Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132623?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132623pdf...On April ## #### Volkswagen Bank GmbH exercised the Clean-up Call and repurchased the loan receivables from Driver One. ... 5/13/2008 8:13:35 AMpdfDriver One GmbHDriver One GmbH400032191300.0000AnalysisPerformance OverviewPBS_SF132623Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132624?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132624pdf...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary #Data is presented for the combined pool only as it is not available for each individual pool (cars, equipment, real estate and trucks). #The difference between the notes and the collateral portfolio is standing on the collection account. Footnotes - Capital Structure Footnotes - Portfolio and Performance Data # CPR (Constant Prepayment Rate) Moody's CPR calculation = #-(#-(Current Period Unscheduled Principal Payments divided by Current Period Outstanding Pool Balance plus Unscheduled Principal Payments))^[reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). # TRR (Total Redemption Rate) Moody's TRR calculation = #-(#-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^ [reporting frequency] where reporting... 5/13/2008 8:13:35 AMpdfDolomiti Finance S.r.l.Dolomiti Finance S.r.l.400013082300.0000AnalysisPerformance OverviewPBS_SF132624Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132627?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132627pdf...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary Footnotes - Capital Structure ... 5/13/2008 8:13:35 AMpdfTHE THEKWINI FUND 7 (PROPRIETARY) LIMITEDTHE THEKWINI FUND 7 (PROPRIETARY) LIMITED720541066300.0000AnalysisPerformance OverviewPBS_SF132627Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PBS_SF132628?CMP=OTC-RSSPUB&HQS=moodysmoodys/PBS_SF132628pdf...Footnotes - General Information # Date format throughout report is DD/MM/YYYY. Footnotes - Rating Opinion and General Commentary Footnotes - Capital Structure Footnotes - Portfolio and Performance Data # CPR (Constant Prepayment Rate) Moody's CPR calculation = #-(#-(Current Period Unscheduled Principal Payments divided by Current Period Outstanding Pool Balance plus Unscheduled Principal Payments))^[reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). # TRR (Total Redemption Rate) Moody's TRR calculation = #-(#-(Current Period Total Principal Payments divided by Current Period Outstanding Pool Balance plus Total Principal Payments))^ [reporting frequency] where reporting frequency equals (monthly reporting=##, quarterly reporting=#, semi-annual=#, annual=#). Footnotes - Trigger Description Delinquencies - Switch to pro rata: Amortisation is switched to pro rata when, amongst others, delinquencies >##... 5/13/2008 8:13:35 AMpdfCELTIC RESIDENTIAL IRISH MORTGAGE SECURISATION NO. 9 PLCCELTIC RESIDENTIAL IRISH MORTGAGE SECURISATION NO. 9 PLC400038953300.0000AnalysisPerformance OverviewPBS_SF132628Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/RU_600022150_15789817?CMP=OTC-RSSPUB&HQS=moodysmoodys/RU_600022150_15789817htmlGlobal Credit Research Rating Update ## MAY #### Rating Update: Sevier County Public Building Authority, TN MOODY'S ASSIGNS AN INITIAL RATING OF A# TO THE SEVIER COUNTY PUBLIC BUILDING AUTHORITY'S (TN) $##.## MILLION LOCAL GOVERNMENT...5/13/2008 12:31:45 AMhtmlSevier County Public Building Authority, TNDyer (County of) TNDyer (County of) TN; Sevier County Public Building Authority, TN600022150600001630150.0000NewsRating UpdateRU_600022150_15789817Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/RU_800041707_15791786?CMP=OTC-RSSPUB&HQS=moodysmoodys/RU_800041707_15791786htmlGlobal Credit Research Rating Update ## MAY #### Rating Update: Wayne Memorial Hospital, NC MOODY'S AFFIRMS WAYNE MEMORIAL HOSPITAL'S (NC) A# DEBT RATING IN CONJUNCTION WITH ISSUANCE OF SERIES #### BONDS; OUTLOOK IS NEGATIVE AFFIRMATION...5/13/2008 12:31:45 AMhtmlWayne Memorial Hospital, NCNorth Carolina Medical Care CommissionNorth Carolina Medical Care Commission; Wayne Memorial Hospital, NC800041707600004196150.0000NewsRating UpdateRU_800041707_15791786Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155161_820645855?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155161_820645855htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: BIL Holdings Moody's assigns negative outlook on Lyondell Basell, downgrades second lien to B#. London, ## May #### -- Moody's Investors Service has today changed the...5/13/2008 12:31:44 AMhtmlBIL HoldingsLyondellBasell Finance CompanyBasell Holdings B.V.LyondellBasell Industries AF SCALyondell Chemical Worldwide, Inc.Equistar Chemicals, LPBasell Finance Company B.V.Basell PolyolefinsMillennium Chemicals Inc.Millennium America Inc.Lyondell Chemical CompanyBasell Finance Company B.V.; Basell Holdings B.V.; Basell Polyolefins; BIL Holdings; ...82064585582064584880856679980856656161050600044899600023163600022671600021531600012828403700150.0000NewsRating ActionPR_155161_820645855Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155173_807476919?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155173_807476919htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: EnCana Holdings Finance Corp. Moody's affirms EnCana's Baa# rating; changes outlook to stable from positive Approximately $#.# billion of debt securities affected Toronto,...5/13/2008 12:31:44 AMhtmlEnCana Holdings Finance Corp.Alberta Energy Company LimitedEnCana CorporationAlberta Energy Company Limited; EnCana Corporation; EnCana Holdings Finance Corp.807476919600014060591740150.0000NewsRating ActionPR_155173_807476919Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155179_600058200?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155179_600058200htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Empire District Electric Trust II Moody's Confirms Empire District's Ratings; Outlook Negative New York, May ##, #### -- Moody's Investors Service today confirmed all...5/13/2008 12:31:44 AMhtmlEmpire District Electric Trust IIEmpire District Electric Trust IEmpire District Electric Company (The)Empire District Electric Company (The); Empire District Electric Trust I; ...600058200600058199264000150.0000NewsRating ActionPR_155179_600058200Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155200_809451380?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155200_809451380htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Frontier Drilling Moody's downgrades the ratings for Frontier Drilling Approximately $### million of credit facilities affected New York, May ##, #### -- Moody's Investors...5/13/2008 12:31:44 AMhtmlFrontier DrillingFrontier Drilling809451380150.0000NewsRating ActionPR_155200_809451380Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500008787_155102?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500008787_155102htmlGlobal Credit Research Rating Action # MAY #### Rating Action: Mortgage Capital Funding Inc ####-MC# Moody's Places Two Classes of Mortgage Capital Funding, Inc., Series ####-MC# on Review for Possible Downgrade Approximately $##.#...5/13/2008 12:31:44 AMhtmlMortgage Capital Funding Inc 1998-MC3Mortgage Capital Funding Inc 1998-MC3400008787150.0000NewsRating ActionPR_500008787_155102Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500016445_155151?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500016445_155151htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: BA Credit Card Trust, BAseries (formerly MBNA credit Card Master Note Trust, MBNAseries) Moody's assigned a provisional rating of (P)Aaa to the Bank of America Class A(####-#)...5/13/2008 12:31:44 AMhtmlBA Credit Card Trust, BAseries (formerly MBNA credit Card Master Note Trust, MBNAseries)BA Credit Card Trust, BAseries (formerly MBNA credit Card Master Note Trust, MBNAseries)400016445150.0000NewsRating ActionPR_500016445_155151Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500026673_154660?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500026673_154660htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Davis Square Funding I, Ltd. Moody's takes action on Davis Square Funding I, Ltd. New York, May ##, #### -- Moody's Investors Service announced today that it has downgraded...5/13/2008 12:31:44 AMhtmlDavis Square Funding I, Ltd.Davis Square Funding I, Ltd.400026673150.0000NewsRating ActionPR_500026673_154660Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500029464_155071?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500029464_155071htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Davis Square Funding II, Ltd. Moody's takes action on Davis Square Funding II, Ltd. New York, May ##, #### -- Moody's Investors Service announced today that it has downgraded...5/13/2008 12:31:44 AMhtmlDavis Square Funding II, Ltd.Davis Square Funding II, Ltd.400029464150.0000NewsRating ActionPR_500029464_155071Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500031878_155147?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500031878_155147htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Advanta Business Card Master Trust, AdvantaSeries Moody's assigns a provisional rating of (P)Aaa to AdvantaSeries Class A(####-A#) notes $### Million of Asset-Backed Securities...5/13/2008 12:31:44 AMhtmlAdvanta Business Card Master Trust, AdvantaSeriesAdvanta Business Card Master Trust, AdvantaSeries400031878150.0000NewsRating ActionPR_500031878_155147Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500036631_152989?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500036631_152989htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: First NLC Trust ####-# Moody's takes actions on #### First NLC subprime deals New York, May ##, #### -- Moody's Investors Service has downgraded the ratings of seven tranches...5/13/2008 12:31:44 AMhtmlFirst NLC Trust 2005-2First NLC Trust 2005-1First NLC Trust 2005-1; First NLC Trust 2005-2400036631400035323150.0000NewsRating ActionPR_500036631_152989Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500038379_154682?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500038379_154682htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Palmer Square # plc Moody's downgrades notes issued by Palmer Square # Limited Approximately USD #.# billion of debt securities affected Frankfurt, May ##, #### -- Moody's...5/13/2008 12:31:44 AMhtmlPalmer Square 2 plcPalmer Square 2 plc400038379150.0000NewsRating ActionPR_500038379_154682Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500040466_155016?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500040466_155016htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Independence VII CDO, Ltd. Moody's downgrades ratings of Notes issued by Independence VII CDO, Ltd. New York, May ##, #### -- Moody's Investors Service announced today...5/13/2008 12:31:44 AMhtmlIndependence VII CDO, Ltd.Independence VII CDO, Ltd.400040466150.0000NewsRating ActionPR_500040466_155016Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500043337_155020?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500043337_155020htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Kleros Real Estate CDO I, Ltd. Moody's downgrades ratings of Notes issued by Kleros Real Estate I, Ltd. New York, May ##, #### -- Moody's Investors Service announced today...5/13/2008 12:31:44 AMhtmlKleros Real Estate CDO I, Ltd.Kleros Real Estate CDO I, Ltd.400043337150.0000NewsRating ActionPR_500043337_155020Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500044032_154833?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500044032_154833htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Elva Funding PLC Series ####-# to ## Moody's puts under review for downgrade series of notes issued by Elva Funding Plc Approximately EUR #### million of debt securities...5/13/2008 12:31:44 AMhtmlElva Funding PLC Series 2006-6 to 47Elva Funding PLC Series 2006-6 to 47400044032150.0000NewsRating ActionPR_500044032_154833Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_500044941_154818?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_500044941_154818htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Pampelonne CDO I, Ltd. Moody's lowers rating of Notes issued by Pampelonne CDO I, Ltd. New York, May ##, #### -- Moody's Investors Service announced today that it has...5/13/2008 12:31:44 AMhtmlPampelonne CDO I, Ltd.Pampelonne CDO I, Ltd.400044941150.0000NewsRating ActionPR_500044941_154818Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_820099459_155023?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_820099459_155023htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Pampelonne CDO II, Ltd. Moody's lowers rating of Notes issued by Pampelonne CDO II, Ltd. New York, May ##, #### -- Moody's Investors Service announced today that it has...5/13/2008 12:31:44 AMhtmlPampelonne CDO II, Ltd.Pampelonne CDO II, Ltd.720099459150.0000NewsRating ActionPR_820099459_155023Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRO_155125?CMP=OTC-RSSPUB&HQS=moodysmoodys/PRO_155125htmlGlobal Credit Research Announcement # MAY #### Announcement: Moody's Fully Supported Municipal & IRB Deals New York, May ##, #### -- ASSIGNMENTS Calamos Global Dyamic Income Fund, DE, Floating Rate Extendible Senior Secured Notes US$...5/13/2008 12:31:44 AMhtml150.0000NewsAnnouncementPRO_155125Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRO_155128?CMP=OTC-RSSPUB&HQS=moodysmoodys/PRO_155128htmlGlobal Credit Research Announcement ## MAY #### Announcement: Moody's: Weaker U.S. Economy Could Help Regional Casinos Challenge Las Vegas, Atlantic City New York, May ##, #### -- The weakening U.S. economy presents an opening for...5/13/2008 12:31:44 AMhtml150.0000NewsAnnouncementPRO_155128Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRO_155150?CMP=OTC-RSSPUB&HQS=moodysmoodys/PRO_155150htmlGlobal Credit Research Announcement # MAY #### Announcement: Supplement to Moody's worldwide rating actions for May #, #### New York, May ##, #### -- Moody's Investors Service has issued press releases on the following rating actions:...5/13/2008 12:31:44 AMhtml150.0000NewsAnnouncementPRO_155150Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PRO_155191?CMP=OTC-RSSPUB&HQS=moodysmoodys/PRO_155191htmlGlobal Credit Research Announcement ## MAY #### Announcement: Moody's worldwide rating actions for May ##, #### New York, May ##, #### -- Moody's Investors Service has issued press releases on the following rating actions: DOWNGRADES...5/13/2008 12:31:44 AMhtml150.0000NewsAnnouncementPRO_155191Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155158_600059937?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155158_600059937htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Markel Corporation Moody's upgrades Markel's ratings Approximately $### million in debt securities affected. New York, May ##, #### -- Moody's Investors Service announced...5/13/2008 12:31:43 AMhtmlMarkel CorporationMarkel Insurance CompanyMarkel American Insurance CompanyEvanston Insurance CompanyEssex Insurance CompanyEssex Insurance Company; Evanston Insurance Company; ...600059937600059175600059173600059172600059171150.0000NewsRating ActionPR_155158_600059937Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155129_809142841?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155129_809142841htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: RathGibson, Inc. Moody's Downgrades RathGibson CFR to B#; outlook stable Approximately $### million of rated securities affected New York, May ##, #### -- Moody's Investors...5/13/2008 12:31:42 AMhtmlRathGibson, Inc.RathGibson, Inc.809142841150.0000NewsRating ActionPR_155129_809142841Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155130_807455471?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155130_807455471htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Virgin Media Investment Holdings Ltd Moody's upgrades Virgin Media's Tranche C to B# London, ## May #### -- Moody's Investors Service has today upgraded the rating of...5/13/2008 12:31:42 AMhtmlVirgin Media Investment Holdings LtdVirgin Media Inc.Virgin Media Inc.; Virgin Media Investment Holdings Ltd807455471600017026150.0000NewsRating ActionPR_155130_807455471Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155131_809360431?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155131_809360431htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Checksmart Financial Company Moody's reviews Checksmart for possible downgrade New York, May ##, #### -- Moody's Investors Service placed the ratings of Checksmart Financial...5/13/2008 12:31:42 AMhtmlChecksmart Financial CompanyChecksmart Financial Company809360431150.0000NewsRating ActionPR_155131_809360431Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155133_820944010?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155133_820944010htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Scientific Games International, Inc. Moody's assigns Ba# to Sci Games' proposed $### mil credit facility New York, May ##, #### -- Moody's Investors Service today assigned...5/13/2008 12:31:42 AMhtmlScientific Games International, Inc.Scientific Games CorporationScientific Games Corporation; Scientific Games International, Inc.820944010600019827150.0000NewsRating ActionPR_155133_820944010Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155137_809969013?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155137_809969013htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Bulgaria Steel Finance BV Moody's downgrades Kremikovtzi to Ca; outlook stable Approximately EUR ### Million of Rated Debt Securities Affected London, ## May #### -- Moody's...5/13/2008 12:31:42 AMhtmlBulgaria Steel Finance BVKremikovtzi ADBulgaria Steel Finance BV; Kremikovtzi AD809969013809947645150.0000NewsRating ActionPR_155137_809969013Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155145_808526300?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155145_808526300htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Copano Energy, LLC Moody's upgrades Copano Energy, L.L.C. New York, May ##, #### -- Moody's Investors Service upgraded the ratings of Copano Energy, L.L.C. (Copano), including...5/13/2008 12:31:42 AMhtmlCopano Energy, LLCCopano Energy, LLC808526300150.0000NewsRating ActionPR_155145_808526300Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155153_600059728?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155153_600059728htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: America Movil S.A.B. de C.V. Moody's assigns MX-# short-term rating to MXP ## Billion commercial paper program of America Movil Mexico City, May ##, #### -- Moody's Investors...5/13/2008 12:31:42 AMhtmlAmerica Movil S.A.B. de C.V.America Movil S.A.B. de C.V.600059728150.0000NewsRating ActionPR_155153_600059728Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155154_600048225?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155154_600048225htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: ACE INA Holdings Inc. Moody's rates ACE INA Holdings, Inc.'s senior debt A# $### million in securities rated. New York, May ##, #### -- Moody's Investors Service has assigned...5/13/2008 12:31:42 AMhtmlACE INA Holdings Inc.ACE LimitedACE INA Holdings Inc.; ACE Limited600048225600010647150.0000NewsRating ActionPR_155154_600048225Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155157_600059728?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155157_600059728htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: America Movil S.A.B. de C.V. Moody's asigna calificacin de corto plazo de MX-# al programa de papel comercial por $##,### Millones de pesos de Amrica Mvil Mexico City,...5/13/2008 12:31:42 AMhtmlAmerica Movil S.A.B. de C.V.America Movil S.A.B. de C.V.600059728150.0000NewsRating ActionPR_155157_600059728Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155119_88100?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155119_88100htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Westpac Banking Corporation Moody's reviews St.George Bank with direction uncertain Sydney, May ##, #### -- Moody's Investors Service has reviewed, with direction uncertain,...5/13/2008 12:31:41 AMhtmlWestpac Banking CorporationSt.George Insurance Australia Pty LtdSt.George Bank LimitedSt.George Bank Limited; St.George Insurance Australia Pty Ltd; ...88100809805584600010273150.0000NewsRating ActionPR_155119_88100Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_155124_820908849?CMP=OTC-RSSPUB&HQS=moodysmoodys/PR_155124_820908849htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: VIP Finance Ireland Limited Moody's changes outlook on VimpelCom's Ba# ratings to positive London, ## May #### -- Moody's Investors Service has today changed the outlook...5/13/2008 12:31:41 AMhtmlVIP Finance Ireland LimitedOpen Joint Stock Company Vimpel-CommunicationVimpelCom B.V.VimpelCom Finance B.V.Open Joint Stock Company Vimpel-Communication; VimpelCom B.V.; VimpelCom Finance B.V.; ...820908849600064506600054568600037999150.0000NewsRating ActionPR_155124_820908849Credit & Investment ResearchMoody's Global Credit Research