...OVERVIEW + We have reviewed Sestante Finance series 2's performance, by conducting our credit and cash flow analysis and applying our relevant criteria. + Following our review, we have affirmed our ratings on the class A, B, C1, and C2 notes. + Sestante Finance series 2 is an Italian RMBS transaction, which closed in December 2004. It securitizes a pool of residential mortgage loans originated by Meliorbanca. MADRID (S&P Global Ratings) May 23, 2017--S&P Global Ratings today affirmed its credit ratings on Sestante Finance S.r.l. series 2's class A, B, C1, and C2 notes (see list below). Today's affirmations follow our credit and cash flow analysis of the most recent transaction information that we have received as of the April 2017 payment date. We have applied our European residential loans criteria and our structured finance ratings above the sovereign (RAS) criteria (see "Related Criteria"). Since December 2014, available credit enhancement--considering performing collateral only--has...
