Calificación Standard and Poor's

Class B
Class BCA: affirmed at AA+
Class BSA: upgraded to AA+ from AA

Calificación Fitch Ratings

Class A
Class A2: affirmed at AAA; Outlook Stable; assigned Loss Severity Rating 'LS-1'
Class A3: affirmed at AAA; Outlook Stable; assigned Loss Severity Rating 'LS-1'

Value IO: affirmed at AAA; Outlook Stable

Class B: upgraded to AA from A+; Outlook Stable; assigned Loss Severity Rating 'LS-2'

Class C: upgraded to A from A-; Outlook Stable; assigned Loss Severity Rating 'LS-3'

Class D: affirmed at BB+; Outlook Stable; assigned Loss Severity Rating 'LS-2'

Bono B

Standard and Poor's ha aumentado la calificación del bono B de TDA IBERCAJA 1, pasando a ser A+ (antes A)

Bono C

Standard and Poor's ha aumentado la calificación del bono C de TDA IBERCAJA 1, pasando a ser BBB+ (antes BBB)

Bono D

Standard and Poor's ha aumentado la calificación del bono D de TDA IBERCAJA 1, pasando a ser BB+ (antes BB)

Calificación Fitch Ratings

Class A
Class A3: affirmed at AAA; Outlook Stable; Loss Severity (LS) Rating of 'LS-1'

Class B: affirmed at AA+; Outlook revised to Stable from Positive; 'LS-1'

Bono 1SA

Fitch Ratings ha aumentado la calificación del bono 1SA de FTPYME TDA 3, pasando a ser AAA (antes AA)

Bono 2CA

Fitch Ratings ha aumentado la calificación del bono 2CA de FTPYME TDA 3, pasando a ser AAA (antes AA+)

Bono 2SA

Fitch Ratings ha aumentado la calificación del bono 2SA de FTPYME TDA 3, pasando a ser AAA (antes AA-)

Bono B

Fitch Ratings ha aumentado la calificación del bono B de FTPYME TDA 3, pasando a ser BBB (antes BB+)

Bono 2SA

Fitch Ratings ha aumentado la calificación del bono 2SA de FTPYME TDA CAM 1, pasando a ser AA- (antes A+)

Fitch Ratings ha aumentado la calificación del bono 2SA de FTPYME TDA CAM 1, pasando a ser A+ (antes A)

Bono B

Fitch Ratings ha aumentado la calificación del bono B de FTPYME TDA CAM 1, pasando a ser BBB+ (antes BBB)

Bono B

Moody's Investors Service ha aumentado la calificación del bono B de TDA 4, pasando a ser A1 (antes A2)

Bono B

Moody's Investors Service ha aumentado la calificación del bono B de TDA 5, pasando a ser Aa1 (antes Aa3)

Fitch Ratings ha aumentado la calificación del bono B de TDA 5, pasando a ser AAA (antes AA-)

Bono 1SA

Fitch Ratings ha aumentado la calificación del bono 1SA de FTPYME ICO TDA 2, pasando a ser AAA (antes AA)

Bono 2CA

Fitch Ratings ha aumentado la calificación del bono 2CA de FTPYME ICO TDA 2, pasando a ser AAA (antes AA+)

Bono 2SA

Fitch Ratings ha aumentado la calificación del bono 2SA de FTPYME ICO TDA 2, pasando a ser AAA (antes A)

Bono B

Fitch Ratings ha aumentado la calificación del bono B de FTPYME ICO TDA 2, pasando a ser A (antes BB)

Calificación Fitch Ratings

Class 1
Class 1SA: affirmed at AAA; Outlook Stable, assigned a Loss Severity (LS) rating of LS-3
Class 2
Class 2CA: downgraded to AA+ from AAA
Class 2SA: downgraded to AA from AAA; Removed from RWN, assigned Outlook Stable, assigned LS-3

Class B: downgraded at BB from BBB; Removed from RWN, assigned Outlook Negative, assigned LS-3

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable
Class B: upgraded to AA from AA-; Outlook remains Positive

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable
Class B: upgraded to AA- from A+; Outlook remains Positive

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable

Class B: upgraded to A+ from A; Outlook remains Positive

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable

Class B: affirmed at A; Outlook Stable

Calificación Moody's

Class B: affirmed at A2; Negative Outlook

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook revised to Negative from Stable

Class B: downgraded to BBB from A-; Outlook Negative; assigned Loss Severity Rating 'LS-2'

Calificación Moody's

Class B: downgraded to Baa3 from A2

Calificación Fitch Ratings

Class A: affirmed at AAA

Class B: affirmed at AA+

Class C: affirmed at A+; Outlook Stable

Class D: affirmed at BBB; Outlook Stable

Calificación Fitch Ratings

Bond: affirmed at AAA; Outlook Stable

Calificación Fitch Ratings

Class 1
Class 1CA: affirmed at AAA; Outlook Stable
Class 1SA: affirmed at AAA; Outlook Stable; Loss Severity Rating 'LS-1'

Class 2
Class 2SA: affirmed at AA+; Removed from RWN, assigned Outlook Stable; Loss Severity Rating 'LS-1'

Class B: downgraded to BB from BBB; Removed from RWN, assigned Outlook Negative; Loss Severity Rating 'LS-1'

Calificación Fitch Ratings

Class 1
Class 1CA: affirmed at AAA; Outlook Stable
Class 1SA: affirmed at AAA; Removed from RWN; Outlook Stable; Loss Severity Rating 'LS-1'

Class 2
Class 2SA: downgraded to BBB from AA+; Removed from RWN; Outlook Negative; Loss Severity Rating 'LS-2'

Class 3
downgraded to BB from BBB; Removed from RWN; Outlook Negative; Loss Severity Rating 'LS-3'

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: affirmed at AAA; Outlook Stable

Class IO
Class IO: affirmed at AAA; Outlook Stable

Class B
Class B: affirmed at A; Outlook Stable

Class C
Class C: affirmed at BBB; Outlook Stable

Class D
Class D: affirmed at BB+; Outlook changed to Negative from Stable

Calificación Standard and Poor's

Class A
Class A1: affirmed at AAA;
Class A2: affirmed at AAA;

Class IO
Class IO: affirmed at AAA;

Class B
Class B: downgraded to BBB+ from A-;

Class C
Class C: downgraded to BB- from BBB;

Class D
Class D: downgraded to B- from BB;

Calificación Fitch Ratings

Class 1
Class 1SA: affirmed at AAA; Outlook Stable

Class 2
Class 2CA: downgraded to AA+ from AAA
Class 2SA: affirmed at AA; Outlook Stable

Class 3
Class 3SA: affirmed at BBB; Outlook Negative

Calificación Fitch Ratings

Class 1
Class 1SA: affirmed at AAA; Stable Outlook; Loss Severity 'LS-1'
Class 1CA: affirmed at AAA; Stable Outlook

Class 2
Class 2SA: affirmed at A; Negative Outlook; Loss Severity 'LS-1'

Class 3
Class 3SA: affirmed at BB-; Negative Outlook; Loss Severity 'LS-2'

Calificación Moody's

Class 2
Class 2SA: downloaded to Ba1 from A2

Class 3
Class 3SA: downgraded to Caa3 from Baa2

Calificación Fitch Ratings

Class A: downgraded to AA from AAA; Outlook Negative
Class IO: affirmed at AAA; Outlook Stable
Class B: downgraded to BB from A-; Outlook Negative
Class C: downgraded to CCC from BB+; assigned Recovery Rating 5
Class D: downgraded to CC from 'B'; assigned Recovery Rating 6

Calificación Standard and Poor's

Class A: downgraded to A+ from AAA
Class IO: Not rated
Class B: downgraded to D from CCC
Class C: downgraded to D from CCC
Class D: downgraded to D from CCC

Calificación Fitch Ratings

Class A
Class A1: downgraded to AA+ from AAA; Outlook Negative; assigned Loss Severity Rating 'LS-1'
Class A2: downgraded to AA+ from AAA; Outlook Negative; assigned Loss Severity Rating 'LS-1'
Class A3: downgraded to AA+ from AAA; Outlook Negative; assigned Loss Severity Rating 'LS-1'

Class B
Class B: downgraded to B from BBB; Outlook Negative; assigned Loss Severity Rating 'LS-3'

Calificación Moody's

Class A
Class A2: downgraded to Aa2 from Aaa
Class A3: downgraded to Aa2 from Aaa

Class B: downgraded to B3 from Baa2

Calificación Fitch Ratings

Class A
Class A2: affirmed at AA+; Outlook Negative; assigned Loss Severity Rating 'LS-1'
Class A3: affirmed at AA+; Outlook Negative; assigned Loss Severity Rating 'LS-1'

Class B
Class B: downgraded to BB from BB+; Outlook Negative; assigned Loss Severity Rating 'LS-3'

Calificación Standard and Poor's

Class A
Class A2: downgraded to AA- from AAA(Watch Negative)
Class A3: downgraded to AA- from AAA(Watch Negative)
Class B: downgraded to BB- from BBB(Watch Negative)

Calificación Moody's

Class A
Class A1: affirmed at Aaa: Negative Outlook;
Class A2: downgraded to Aa2 from Aaa
Class A3: downgraded to Aa2 to Aaa

Class B: downgraded to B3 from Baa1

Calificación Fitch Ratings

Group 1
Class 1-A1: affirmed at AAA; Outlook Stable
Class 1-A2: affirmed at AAA; Outlook Stable
Class 1-B: affirmed at A; Outlook Stable
Class 1-C: affirmed at BBB; Outlook Negative
Class 1-D: affirmed at CCC; Outlook Stable

Group 2
Class 2-A: affirmed at AAA; Outlook Stable
Class 2-B: affirmed at A-; Outlook Stable
Class 2-C: affirmed at CCC; Outlook Stable

Calificación Moody's

Group 1
Class 1-A2: affirmed at Aaa; Negative Outlook
Class 1-B: affirmed at Aa3; Negative Outlook
Class 1-C: affirmed at Baa1; Negative Outlook
Class 1-D: affirmed at Ca; Negative Outlook

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: downgraded to AA from AAA; Outlook changed to Negative from Stable

Class B
Class B: downgraded to A+ from AA; Outlook changed to Negative from Stable

Class C
Class C: downgraded to BB+ from A; Outlook changed to Negative from Stable

Class D
Class D: downgraded to CCC from BBB; assigned a RR3 Recovery Rating

Class E
Class E: downgraded to CC from BB; assigned a RR6 Recovery Rating

Calificación Moody's

Class A
Class A1: affirmed at AAA
Class A2: downgraded to A1 from Aa1

Class B
Class B: downgraded to Ba1 from A1

Class C
Class C: downgraded to Caa2 from Baa2

Class D
Class D: downgraded to C from Ba2

Class E
Class E: downgraded to C from B1

Calificación Standard and Poor's

Class A
Class A2: affirmed at AA
Class B: downgraded to BBB- from A-

Class C: downgraded to B from BB

Class D: downgraded to CCC from B

Class E: affirmed at CCC

Nota Moody's

Calificación Fitch Ratings

Class A: downgraded to AA from AAA

Class B: downgraded to BB from BBB

Class C: downgraded to CCC from B

Calificación Moody's

Class A: downgraded to A2 from Aaa

Class B: downgraded to Caa1 from A3

Class C: downgraded to Ca from Baa3

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: affirmed at A+; Outlook Stable
Class A3: affirmed at A+; Outlook Stable

Class B
Class B: affirmed at BB; Outlook Negative

Class C
Class C: affirmed at CCC

Class D
Class D: affirmed at C

Calificación Standard and Poor's

Class A
Class A2: affirmed at AAA: (to Watch Negative)
Class A3: affirmed at AAA: (to Watch Negative)

Class B: affirmed at BBB(to Watch Negative)

Class C: affirmed at BB-(to Watch Negative)

Class D: downgraded to D from CCC-

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: affirmed at AAA; Outlook revised to Negative from Stable
Class A3: affirmed at AAA; Outlook revised to Negative from Stable

Value IO: affirmed at AAA; Outlook Stable

Class B: downgraded to AA- from AA; Outlook revised to Negative from Stable

Class C: downgraded to BBB from A; Outlook revised to Negative from Stable

Class D: downgraded to BB from BBB; Outlook Negative

Class E: downgraded to CCC from BB; removed from Rating Watch Negative; assigned Recovery Rating RR4

Class F: downgraded to CC from B+; removed from Rating Watch Negative; assigned Recovery Rating RR6

Calificación Standard and Poor's

Class A
Class A1: affirmed at AAA
Class A2: affirmed at AAA
Class A3: affirmed at AAA

Class B: downgraded to A from AA

Class C: downgraded to BBB- from A

Class D: downgraded to BB- from BBB-

Class E: downgraded to B- from BB-

Class F: downgraded to D from B

Class NAS-IO: affirmed at AAA

Calificación Fitch Ratings

Class A: downgraded to AA+ from AAA; Outlook revised to Negative from Stable

Value IO: affirmed at AAA; Outlook Stable

Class B: downgraded to AA- from AA; Outlook revised to Negative from Stable

Class C: downgraded to BBB from A; Outlook revised to Negative from Stable

Class D: downgraded to BB from BBB; Outlook is Negative

Class E: downgraded to CCC from BB; removed from Rating Watch Negative; assigned Recovery Rating RR4

Class F: downgraded to CC from B; removed from Rating Watch Negative; assigned Recovery Rating RR4

Calificación Standard and Poor's

Class A: downgraded to AA from AAA; Watch Negative

Class B: downgraded to CCC from AA

Class C: downgraded to CCC from A

Class D: downgraded to D from BBB

Class E: downgraded to D from BB

Class F: downgraded to D from B-

Calificación Moody's

Class A
Class A1: affirmed at Aaa
Class A2: affirmed at Aaa
Class A3: downgraded to A1 from Aa2

Class B: downgraded to Ba1 from A2

Class C: downgraded to Caa2 from Baa2

Class D: downgraded to C from Ba3

Class E: downgraded to C from B3

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: downgraded to AA- from AAA; Outlook changed to Negative from Stable
Class A3: downgraded to AA- from AAA; Outlook changed to Negative from Stable

Class B
Class B: downgraded to A- from AA; Outlook changed to Negative from Stable

Class C
Class C: downgraded to BB from A-; Outlook Negative

Class D
Class D: downgraded to CCC from BBB-; Assigned a RR4 Recovery Rating

Class E
Class E: downgraded to CC from BB-; Assigned a RR6 Recovery Rating

Calificación Standard and Poor's

Class A
Class A2: affirmed at AA
Class A3: affirmed at AA

Class B: downgraded to BB from BBB

Class C: downgraded to B from BB

Class D: affirmed at CCC

Class E: downgraded to D from CCC

Nota Moody's

Calificación Moody's

Class A
Class A1: affirmed at Aaa
Class A2: downgraded to Aa2 from Aaa
Class A3: downgraded to A3 from Aa2

Class B: downgraded to B1 from A2

Class C: downgraded to Ca from Baa2

Class D: downgraded to C from Ba2

Class E: downgraded to C from B3

Calificación Fitch Ratings

Class A
Class A1: downgraded to AA- from AAA; Outlook changed to Negative from Stable
Class A2: downgraded to A+ from AAA; Outlook changed to Negative from Stable
Class A3: downgraded to A+ from AAA; Outlook changed to Negative from Stable

Class B
Class B: downgraded to BBB from AA; Outlook changed to Negative from Stable

Class C
Class C: downgraded to B from A; Outlook Negative

Class D
Class D: Class D: downgraded to CCC from BBB-; Assigned a RR5 Recovery Rating

Class E
Class E: downgraded to CC from BB-; Assigned a RR6 Recovery Rating

Calificación Standard and Poor's

Class A
Class A1: affirmed at AA
Class A2: affirmed at AA
Class A3: affirmed at AA

Class B: downgraded to B from BB

Class C: downgraded to C from B

Class D: downgraded to D from CCC

Class E: downgraded to D from CCC

Nota Moody's

Calificación Fitch Ratings

Class A: downgraded to AA from AAA; Outlook revised to Negative from Stable

Class B: downgraded to BBB from A; Outlook Negative

Class C: downgraded to B from BBB-; Outlook Negative

Class D: affirmed at CC; assigned a Recovery Rating of RR5

Calificación Standard and Poor's

Class A: affirmed at AAA(from Watch Negative)

Class B: downgraded to BB from BBB(Watch Negative)

Class C: downgraded to B from BB(Watch Negative)

Class D: affirmed at D

Calificación Moody's

Class A: downgraded to Aa1 from Aaa

Class B: downgraded to Ba3 from A3

Class C: downgraded to Caa2 from Ba1

Class D: downgraded to C from Ca

Calificación Fitch Ratings

Class A
Class A1: affirmed at AA; Outlook Negative;assigned Loss Severity Rating 'LS-1'
Class A2: affirmed at AA; Outlook Negative;assigned Loss Severity Rating 'LS-1'
Class A3: affirmed at AA; Outlook Negative;assigned Loss Severity Rating 'LS-1'

Class B: affirmed at BBB; Outlook Negative;assigned Loss Severity Rating 'LS-3'

Class C: affirmed at B; Outlook Negative;assigned Loss Severity Rating 'LS-4'

Class D: affirmed at CC; Recovery Rating 'RR5'

Calificación Standard and Poor's

Class A
Class A1: downgraded to AA- from AAA(Watch Negative)
Class A2: downgraded to AA- from AAA(Watch Negative)
Class A3: downgraded to AA- from AAA(Watch Negative)

Class B: downgraded to BB- from BBB(Watch Negative)

Class C: downgraded to CCC- from CCC

Class D: affirmed at D

Calificación Moody's

Class A
Class A1: downgraded to Aa3 from Aaa
Class A2: downgraded to Aa3 from Aa1
Class A3: downgraded to Aa3 from Aa1

Class B: downgraded to Ba3 from A3

Class C: downgraded to Ca from Ba2

Class D: downgraded to C from Ca

Calificación Fitch Ratings

Class A
Class A1: affirmed at AAA; Outlook Stable
Class A2: affirmed at AAA; Outlook Stable

Class B: affirmed at A; Outlook changed to Negative from Stable

Class C: affirmed at BBB; Outlook changed to Negative from Stable

Class D: affirmed at CCC; Outlook Stable

Calificación Fitch Ratings

Class A
Class A2: downgraded to AA from AAA

Class B: affirmed at BBB

Class C: downgraded to CCC from B

Calificación Standard and Poor's

Class A
Class A2: affirmed at AAA(to Watch Negative)

Class B: affirmed at BBB(to Watch Negative)

Class C: affirmed at BB(to Watch Negative)

Calificación Standard and Poor's

Class A: affirmed at AA(from Watch Negative)

Class B: affirmed at BBB(from Watch Negative)

Class C: affirmed at B(from Watch Negative)

Class D: affirmed at D

Calificación Fitch Ratings

Class A
Class A2: downloaded to A from AAA
Class A3(CA): downgraded to AA+ from AAA

Class B: downgraded to BB from BBB; Negative Outlook

Class C: downgraded to CCC from B

Class D: downgraded to C from CC

Calificación Standard and Poor's

Class A
Class A2: affirmed at AAA; Watch Negative
Class A3(CA): affirmed at AA; Watch Negative

Class B: downgraded to BBB+ from A

Class C: affirmed at BB-(to Watch Negative)

Class D: downgraded to D from CCC-

Calificación Moody's

Class A
Class A2: downloaded to Aa3 from Aaa
Class A3(CA): affirmed at Aaa; under review possible downgrade

Class B: downgraded to B1 from A2

Class C: downgraded to Caa3 from Baa3

Class D: downgraded to C from Ca

Calificación Moody's

Class A: downgraded to Baa1 from Aa2

Class B: downgraded to B3 from Baa2

Class C: downgraded to Caa3 from B3

Calificación Standard and Poor's

Class A: affirmed at AA(from Watch Negative)

Class B: affirmed at A(from Watch Negative)

Class C: affirmed at B(from Watch Negative)

Calificación Standard and Poor's

Class A
Class A1: downgraded to AA- from 'AAA(Watch Negative)'
Class A2: downgraded to AA- from 'AAA(Watch Negative)'

Class B: downgraded to A- from 'AA(Watch Negative)'

Class C: downgraded to BB from 'A-(Watch Negative)'

Class D: downgraded to B from 'BB(Watch Negative)'

Class E: downgraded to B- from 'B(Watch Negative)'

Calificación Fitch Ratings

Class 1
Class 1SA: affirmed at AAA; Outlook Stable, assigned LS-3

Class 2
Class 2CA: downgraded to AA+ from AAA
Class 2SA: downgraded to A from AA; Removed from RWN, assigned Outlook Negative, assigned LS-3

Class 3
Class 3SA: downgraded to B from BBB; Removed from RWN, assigned a Outlook Negative, assigned LS-4

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable

Class B: affirmed at A+; Outlook Stable

Class C: affirmed at BBB+; Outlook Stable

Calificación Moody's

Class A: affirmed at Aaa; Negative Outlook

Class B: affirmed at Aa2; Negative Outlook

Class C: affirmed at Baa1; Negative Outlook

Calificación Moody's

Class A: affirmed at Aaa; Negative Outlook

Class B: affirmed at A2; Negative Outlook

Class C: affirmed at Baa3; Negative Outlook

Calificación Moody's

Bond: downgraded to Aa2 from Aa1

Calificación Fitch Ratings

Class A: affirmed at AAA; Stable Outlook

Class B: affirmed at A; Negative Outlook

Class C: downgraded to BB from BBB; Negative Outlook

Class E: downgraded to B from BB; Negative Outlook

Class A: affirmed at CC

Calificación Standard and Poor's

Class A: downgraded to AA+ from AAA(with Watch Negative)

Class B: downgraded to BBB- from A(with Watch Negative)

Class C: downgraded to BB- from BBB(with Watch Negative)

Class D: downgraded to B- from BB-(with Watch Negative)

Calificación Moody's

Bond A: downgraded to Aa3 from Aa1

Calificación Moody's

Series A1: downgraded to Aa1 from Aaa
Series A3: downgraded to Aa1 from Aaa
Series A4: downgraded to Aa1 from Aaa
Series A5: downgraded to Aa1 from Aaa
Series A6: downgraded to Aa1 from Aaa

Calificación Moody's

Bond A: affirmed at Aaa

Calificación Moody's

Bond A: affirmed at Aaa

Calificación Moody's

Bond A: affirmed at Aaa

Calificación Fitch Ratings

Bond A: affirmed at AAA; Stable Outlook

Calificación Moody's

Bond A: downgraded to Aa2 from Aa1

Calificación Fitch Ratings

Bond A: affirmed at AAA; Stable Outlook

Calificación Standard and Poor's

Series E: downgraded to D from CCC-

Calificación Moody's

Class B: downgraded to Baa3 from A2

Class C: downgraded to Caa1 from Ba1

Calificación Moody's

Class 2CA: affirmed at Aaa; under review possible downgrade

Class 3SA: downgraded to Ba3 from Baa3

Calificación Moody's

Class A
Class A1: downgraded to Aa1 from Aaa
Class A2: downgraded to Aa2 from Aaa

Class B: downgraded to Baa3 from A3

Class C: downgraded to Caa3 from Ba3

Calificación Moody's

Class A
Class A1: affirmed at Aaa
Class A3: affirmed at Aaa

Class B: downgraded to Baa1 from A2

Class C: downgraded to B1 from Baa3

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable; assigned Loss Severity (LS) rating 'LS-1'

Class B: affirmed at A; Outlook revised to Negative from Stable; assigned 'LS-2'

Class C: downgraded to BBB- from BBB; Outlook Negative; assigned 'LS-3'

Calificación Moody's

Class A
Class A1: affirmed at Aaa
Class A2: affirmed at Aaa

Class B: affirmed at A2

Class C: affirmed at Baa2

Class D: affirmed at Ba1

Calificación Fitch Ratings

Class A: affirmed at AAA; Outlook Stable; Assigned Loss Severity Rating 'LS-1'

Class B: affirmed at A; Outlook Stable; Assigned Loss Severity Rating 'LS-3'

Class C: affirmed at B; Outlook revised to Negative from Stable; Assigned Loss Severity Rating 'LS-3'

downgraded to CC from CCC; Assigned Recover Rating 'RR5'

Calificación Standard and Poor's

Class A
Class A2: affirmed at AAA(from Watch Negative)
Class A3: affirmed at AAA(from Watch Negative)
Class A4: affirmed at AAA(from Watch Negative)

Class B: downgraded to BB- from BBB-(Watch Negative)

Class C: downgraded to CCC- from CCC

Class D: affirmed at D

Calificación Moody's

Class A
Class A1: downgraded to Aa1 from Aaa
Class A2: downgraded to A3 from Aa1
Class A3: downgraded to A3 from Aa1
Class A4: downgraded to A3 from Aa1

Class B: downgraded to B3 from Baa2

Class C: downgraded to C from B3

Nota Moody's