Moody's determines no negative rating impact on 4 Italian RMBS transactions with Unicredit SpA as Account Bank following the lowering of the Account Bank replacement trigger and change of Eligible...

London, 02 January 2013 -- Moody's has determined that the proposed action (the "Proposal") to lower the minimum rating for the role of the Eligible Institution, to lower the minimum rating for Eligible Investments and to make other minor changes to the documentation should not, in and of itself at this time result in a reduction or withdrawal of the current ratings of the Notes issued by the following issuers: Cordusio RMBS S.r.l.; Cordusio RMBS Securitisation S.r.l. - Series 2006; Cordusio RMBS - UCFin S.r.l.; Cordusio RMBS Securitisation S.r.l. - Series 2007. Moody's opinion addresses only the credit impact of the proposed action, and Moody's is not expressing any opinion as to whether the action has, or could have, other non-credit related effects that may have a detrimental impact on the interests of holders and/or counterparties.

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