Moody's puts marketplace lending ABS on watch after just seven weeks

By James Harvey

Tranches in three marketplace lending ABS transactions originated late last year have been put on review for downgrade by Moody's, after a sharp uptick in delinquencies and expected loss rates

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: Citi Marketplace lending

Comment by: Simon Petris. Posted 4 years ago [2016-02-15 21:25:16]

The very first deal done with Prosper collateral CCOLT 2015-1 has just had its A tranche upgraded to Baa1 from Baa3 and its B tranche upgraded to Ba2 from Ba3