Series C: upgraded to Aa2(sf) from Ba3(sf); on review for possible downgrade
MADRID RMBS IV
Calificación Standard and Poor's
Class AClass A1: upgraded to AA(sf) from AA-(sf); removed from Watch NegativeClass A2: upgraded to AA(sf) from AA-(sf); removed from Watch Negative
Class B: upgraded to A(sf) from A-(sf)
Class C: affirmed at BBB(sf)Class D: affirmed at BB(sf)Class E: affirmed at B(sf)
FTPYME TDA BANCA MARCH
Calificación Moody's
Class 2 Class 2CA: affirmed at Aaa(sf) Class 2SA: upgraded to Aaa(sf) from Aa2(sf)
Class 3 Class 3SA: downgraded to Ba3(sf) from Baa3(sf)
CIBELES III FTPYME
Calificación Standard and Poor's
Class BClass BCA: affirmed at AA+(sf); Watch NegativeClass BSA: affirmed at AA+(sf); Watch Negative
Class C: affirmed at BBB(sf)
Calificación Moody's
Class BClass BCA: affirmed at Aaa(sf)Class BSA: upgraded to Aaa(sf) from Aa2(sf)
TDA 19-MIXTO
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at AAA(sf); Outlook Negative from Stable
Class C: affirmed at A+(sf); Outlook Stable
Class D: affirmed at BBB+(sf); Outlook Stable
Calificación Moody's
Class A: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade
SOL-LION
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); removed from Watch Negative
Class B: affirmed at A(sf)
Class C: upgraded to A-(sf) from BBB(sf)
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
TDA CAJAMAR 2
Calificación Fitch Ratings
Class A Class A2: affirmed at AAA(sf); Outlook Negative from Stable Class A3: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirned at AA(sf); Outlook Stable; assigned Loss Severity Rating 'LS-2'
Class C: affirmed at A(sf); Outlook Stable; assigned Loss Severity Rating 'LS-3'
Class D: affirmed at BB+(sf); Outlook Stable; assigned Loss Severity Rating 'LS-2'
Calificación Standard and Poor's
Class A Class A2: affirmed at AAA(sf); removed from Watch Negative Class A3: affirmed at AAA(sf); removed from Watch Negative
Class B: affirmed at A(sf)
Class C: affirmed at BBB(sf)
Class D: affirmed at BB-(sf)
FTPYME TDA CAM 9
Calificación Moody's
Class A Class A1: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A2(G): downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA CAM 12
Calificación Moody's
Class A Class A1: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A2: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A3: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A4: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
Calificación Fitch Ratings
Class A Class A1: affirmed at A+(sf); Outlook Stable Class A2: affirmed at A+(sf); Outlook Stable Class A3: affirmed at A+(sf); Outlook Stable Class A4: affirmed at A+(sf); Outlook Stable
Class B: affirmed at A+(sf); Outlook Stable
Class C: affirmed at BB(sf); Outlook Stable
MADRID CONSUMO I
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); Watch Negative
TDA 21
Calificación Standard and Poor's
Class 1 Class A1: affirmed at AAA(sf) Class B1: affirmed at A(sf)
Class 2 Class B2: affirmed at BBB(sf)
TDA IBERCAJA 1
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); removed from Watch Negative
Class B: affirmed at A+(sf)
Class C: affirmed at BBB+(sf)
Class D: affirmed at BB+(sf)
TDA 7
Calificación Fitch Ratings
Class A Class A3: affirmed at AAA(sf); Outlook Stable; Loss Severity (LS) Rating of 'LS-1'
Class B: affirmed at AA+(sf); Outlook revised to Stable from Positive; 'LS-1'
FTPYME TDA 3
Bond 1SA
Fitch Ratings has upgraded bond 1SA of FTPYME TDA 3, to AAA(sf) (before AA(sf))
Bond 2CA
Fitch Ratings has upgraded bond 2CA of FTPYME TDA 3, to AAA(sf) (before AA+(sf))
Bond 2SA
Fitch Ratings has upgraded bond 2SA of FTPYME TDA 3, to AAA(sf) (before AA-(sf))
Bond B
Fitch Ratings has upgraded bond B of FTPYME TDA 3, to BBB(sf) (before BB+(sf))
FTPYME TDA CAM1
Bond 2SA
Fitch Ratings has upgraded bond 2SA of FTPYME TDA CAM 1, to AA(sf) (before AA+(sf))
Bond B
Fitch Ratings has upgraded bond B of FTPYME TDA CAM 1, to BBB+(sf) (before BBB(sf))
TDA 4
Bond B
Moody's Investors Service has upgraded bond B of TDA 4, to A1(sf) (before A2(sf))
TDA 5
Bond B
Moody's Investors Service has upgraded bond B of TDA 5, to Aa1(sf) (before Aa3(sf))
Fitch Ratings has upgraded bond B of TDA 5, to AAA(sf) (before AA-(sf))
FTPYME ICO TDA 2
Bond 1SA
Fitch Ratings has upgraded bond 1SA of FTPYME ICO TDA 2, to AAA(sf) (before AA(sf))
Bond 2CA
Fitch Ratings has upgraded bond 2CA of FTPYME ICO TDA 2, to AAA(sf) (before AA+(sf))
Bond 2SA
Fitch Ratings has upgraded bond 2SA of FTPYME ICO TDA 2, to AAA(sf) (before A(sf))
Bond B
Fitch Ratings has upgraded bond B of FTPYME ICO TDA 2, to A(sf) (before BB(sf))
FTPYME TDA 4
Calificación Fitch Ratings
Class 1 Class 1SA: affirmed at AAA(sf); Outlook Stable, assigned a Loss Severity (LS) rating of LS-3 Class 2 Class 2CA: downgraded to AA+(sf) from AAA(sf) Class 2SA: downgraded to AA(sf) from AAA(sf); Removed from RWN, assigned Outlook Stable, assigned LS-3
Class B: downgraded to BB(sf) from BBB(sf); Removed from RWN, assigned Outlook Negative, assigned LS-3
TDA CREDIFIMO 1
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); removed from Watch Negative
Class B: downgraded to BBB+(sf) from A-(sf)
Class C: downgraded to BBB-(sf) from BBB(sf); removed from Watch Negative
Class D: downgraded to B(sf) from BB(sf); removed from Watch Negative
Class E: affirmed at CCC-(sf)
TDA 20 Mixto
Calificación Moody's
Class 1 Class A1: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class 2 Class A2: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA IBERCAJA 2
Calificación Moody's
Class A: downgraded to Aa1(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class B: affirmed at A1(sf); placed under review for possible downgrade
Class C: affirmed at Baa2(sf); placed under review for possible downgrade
Class D: affirmed at Ba2(sf); placed under review for possible downgrade
Class E: affirmed at Caa1(sf); placed under review for possible downgrade
Calificación Standard and Poor's
Class A: affirmed at AA+(sf); Watch Negative
Class B: affirmed at A(sf)
Class C: affirmed at BBB(sf)
Class D: affirmed at BB(sf)
TDA 16 Mixto
Calificación Moody's
Class 1 Class A1: downgraded to A1(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class 2 Class A2: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA 22 Mixto
Calificación Moody's
Class 1 Class A1a: downgraded to A3(sf) from Aaa(sf); from placed under review for possible downgrade Class A1b: downgraded to A3(sf) from Aaa(sf); from placed under review for possible downgrade Class B1: downgraded to Baa2(sf) from A2(sf) Class C1: downgraded to Ba3(sf) from Baa2(sf); from placed under review for possible downgrade Class D1: downgraded to Caa1(sf) from Ba2(sf); from placed under review for possible downgrade
Class 2 Class A2a: downgraded to A1(sf) from Aaa(sf); from placed under review for possible downgrade Class A2b: downgraded to A1(sf) from Aaa(sf); from placed under review for possible downgrade Class B2: downgraded to A2(sf) from A1(sf) Class B2: downgraded to Baa3(sf) from Baa2(sf) Class B2: downgraded to Ba3(sf) from Ba2(sf)
TDA IBERCAJA 3
Calificación Moody's
Class A: affirmed at Aa1(sf); placed under review for possible downgrade
Class B: affirmed at A1(sf); placed under review for possible downgrade
Class C: affirmed at Baa2(sf); placed under review for possible downgrade
Class D: affirmed at Caa1(sf); placed under review for possible downgrade
Calificación Standard and Poor's
Class A: affirmed at AA+(sf); Watch Negative
Class B: affirmed at A(sf)
Class C: affirmed at BBB(sf)
TDA 18 Mixto
Calificación Moody's
Class 2 Class A2: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA 15 Mixto
Calificación Moody's
Class 1 Class A1: affirmed at Aaa(sf); removed from placed under review for possible downgrade
Class 2 Class A2: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA 13 Mixto
Calificación Moody's
Class 1 Class A1: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class 2 Class A2: downgraded to A1(sf) from Aaa(sf); removed from placed under review for possible downgrade
TDA CAM 1
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable Class B: affirmed at AA(sf); Outlook Stable
Calificación Moody's
Class A: downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
TDA CAM 2
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable Class B: affirmed at AA-(sf); Outlook Stable
Calificación Moody's
Class A: downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
Class B: affirmed at A2(sf); placed on review for possible downgrade
TDA CAM 3
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A+(sf); Outlook Stable
Calificación Moody's
Class A: downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
Class B: downgraded to A2(sf); placed on review for possible downgrade
TDA CAM 4
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A(sf); Outlook Negative
Calificación Moody's
Class A: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class B: downgraded to Baa3(sf) from A2(sf); removed from placed under review for possible downgrade
TDA CAM 5
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at BBB(sf); Outlook Negative
Calificación Moody's
Class A: affirmed at Aa2(sf); placed under review for possible downgrade
Class B: affirmed at Baa3(sf); placed under review for possible downgrade
TDA IBERCAJA 4
Calificación Standard and Poor's
Class A Class A1: affirmed at AA+(sf); Watch Negative Class A2: affirmed at AA+(sf); Watch Negative Class A3PAC: affirmed at AA+(sf); Watch Negative
Class B: affirmed at AA(sf); removed from Watch Negative
Class C: affirmed at A(sf)
Class D: affirmed at BBB(sf)
Class E: affirmed at BB(sf)
Class F: affirmed at D(sf)
Calificación Moody's
Class AClass A1: affirmed at Aa1(sf); placed under review for possible downgrade Class A2: affirmed at Aa1(sf); placed under review for possible downgrade Class A3PAC: affirmed at Aa1(sf); placed under review for possible downgrade
Class B: affirmed at Aa1(sf); placed under review for possible downgrade
Class C: affirmed at A1(sf); placed under review for possible downgrade
Class D: affirmed at Baa1(sf); placed under review for possible downgrade
Class E: affirmed at Ba1(sf); placed under review for possible downgrade
TDA CAM 11
Calificación Moody's
Class A Class A1: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A2: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A3: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A4: downgraded to Aa2(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class B: downgraded to A2(sf) from Aa1(sf)
Calificación Fitch Ratings
Class A Class A1: affirmed at A+(sf); Outlook Stable Class A2: affirmed at A+(sf); Outlook Stable Class A3: affirmed at A+(sf); Outlook Stable Class A4: affirmed at A+(sf); Outlook Stable
Class B: affirmed at A-(sf); Outlook Stable
Class B: affirmed at BB-(sf); Outlook Stable
CAP TDA 1
Calificación Fitch Ratings
Bond: affirmed at AAA(sf); Outlook Stable
FTPYME TDA SABADELL 1
Calificación Fitch Ratings
Class 1 Class 1CA: affirmed at AAA(sf); Outlook Stable Class 1SA: affirmed at AAA(sf); Outlook Stable; Loss Severity Rating 'LS-1'
Class 2 Class 2SA: affirmed at AA+(sf); Removed from RWN, assigned Outlook Stable; Loss Severity Rating 'LS-1'
Class B: downgraded to BB(sf) from BBB(sf); Removed from RWN, assigned Outlook Negative; Loss Severity Rating 'LS-1'
FTPYME TDA SABADELL 2
Calificación Fitch Ratings
Class 1 Class 1CA: downgraded to AA-(sf) from AAA(sf); Outlook Stable Class 1SA: downgraded to AA-(sf) from AAA(sf); Outlook Stable
Class 2 Class 2SA: affirmed at BBB(sf); Outlook Stable
Class 3 Class 3SA: affirmed at BB(sf); Outlook Negative
Calificación Standard and Poor's
Class 1 Class 1CA: downgraded to A-(sf) from A+(sf) Class 1SA: downgraded to A-(sf) from A+(sf)
Class 2 Class 2SA: downgraded to A-(sf) from A(sf)
Class 3 Class 2SA: downgraded to BB(sf) from BBB(sf)
TDA 24
Calificación Fitch Ratings
Class A Class A1: affirmed at BBB(sf); Rating Watch Negative Class A2: affirmed at BBB(sf); Rating Watch Negative
Class IO: Not rated from AAA(sf)
Class B: affirmed at B(sf); Rating Watch Negative
Class C: affirmed at CCC(sf); Recovery Rating 'RR5'
Class D: affirmed at CC(sf); Recovery Rating 'RR6'
Calificación Standard and Poor's
Class A Class A1: affirmed at AA(sf); Watch Negative Class A2: affirmed at AA(sf); Watch Negative
Class IO Class IO: affirmed at AAA(sf)
Class B Class B: affirmed at BB(sf); Watch Negative
Class C Class C: downgraded to D(sf) from CCC(sf)
Class D: affirmed at D(sf)
FTPYME TDA 5
Calificación Fitch Ratings
Class 1Class 1SA: affirmed at AAA(sf); Outlook Stable
Class 2Class 2CA: downgraded to AA(sf) from AA+(sf); Outlook StableClass 2SA: affirmed at AA(sf); Outlook Stable
Class 3Class 3SA: affirmed at BBB(sf); Outlook Negative
FTPYME TDA CAM 2
Calificación Fitch Ratings
Class 1 Class 1SA: Not rated from AAA(sf) Class 1CA: affirmed at AAA(sf); Outlook Negative from Stable
Class 2 Class 2SA: affirmed at A(sf); assigned Outlook Stable
Class 3 Class 3SA: affirmed at BB-(sf); Outlook Revised Stable from Negative
Calificación Moody's
Class 1 Class 1SA: affirmed at Aaa(sf) Class 1CA(G): downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
Class 2 Class 2SA: downloaded to Ba1(sf) from A2(sf); placed under review for possible downgrade
Class 3 Class 3SA: downgraded to Caa3(sf) from Baa2(sf); placed under review for possible downgrade
TDA 25
Calificación Fitch Ratings
Class A: affirmed at BB(sf); Rating Watch Negative Class B: downgraded to CCC(sf) from BB(sf); assigned Recovery Rating 'RR5' Class C: downgraded to CC(sf) from CCC(sf); Recovery Rating revised to 'RR6' from 'RR5' Class D: affirmed at CC(sf); Recovery Rating 'RR6'
Class NAS-IO: Not rated from AAA(sf)
Calificación Standard and Poor's
Class A: affirmed at B(sf); Watch Negative Class IO: Not rated from AAA(sf) Class B: affirmed at D(sf) Class C: affirmed at D(sf) Class D: affirmed at D(sf)
TDA CAM 6
Calificación Fitch Ratings
Class A Class A1: downgraded to A(sf) from AA+(sf); Outlook Stable(from Outlook Negative) Class A2: downgraded to A(sf) from AA+(sf); Outlook Stable(from Outlook Negative) Class A3: downgraded to A(sf) from AA+(sf); Outlook Stable(from Outlook Negative)
Class B Class B: affirmed at B(sf); Outlook Negative
Calificación Moody's
Class A Class A1: downgraded to Aa3(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A2: affirmed at Aa3(sf); placed under review for possible downgrade Class A3: affirmed at Aa3(sf); placed under review for possible downgrade
Class B: downgraded to B3 from Baa2; placed under review for possible downgrade
TDA CAM 7
Calificación Fitch Ratings
Class A Class A1: Not Rated Class A2: downgraded to A(sf) from AA+(sf); Outlook Stable(from Outlook Negative) Class A3: downgraded to A(sf) from AA+(sf); Outlook Stable(from Outlook Negative)
Class B: downgraded to B(sf) from BB(sf); Outlook Negative
Calificación Standard and Poor's
Class A Class A1: Not Rated Class A2: affirmed at AA-(sf); removed from Watch Negative Class A3: affirmed at AA-(sf); removed from Watch Negative
Class B: downgraded to BB-(sf) from BBB(sf); Removed from Watch Negative
Calificación Moody's
Class A Class A1: Not Rated Class A2: affirmed at Aa3(sf); placed under review for possible downgrade Class A3: affirmed at Aa3(sf); placed under review for possible downgrade
Class B: downgraded to B3(sf) from Baa1(sf)
TDA 26-Mixto
Calificación Moody's
Class 1 Class 1-A2: affirmed at Aaa(sf); placed under review for possible downgrade Class 1-B: downgraded to A1(sf) from Aa3(sf); removed from placed under review for possible downgrade Class 1-C: downgraded to Ba3(sf) from Baa1(sf); removed from placed under review for possible downgrade Class 1-D: downgraded to C(sf) from Ca(sf); removed from placed under review for possible downgrade
Calificación Fitch Ratings
Class 1 Class 1-A2: affirmed at AAA(sf); Outlook Negative from Stable Class 1-B: affirmed at A(sf); Outlook Stable Class 1-C: affirmed at BBB(sf); Outlook revised to Negative from Stable Class 1-D: affirmed at CCC(sf); Recovery Estimate (RE) of 80%
Class 2 Class 2-A: affirmed at AAA(sf); Outlook Negative from Stable Class 2-B: affirmed at BBB(sf); Outlook Stable Class 2-C: affirmed at CCC(sf); Recovery Estimate (RE) of 45%
MADRID RMBS I
Calificación Fitch Ratings
Class A Class A1: Not rated from AAA(sf) Class A2: downgraded to A(sf) from AA(sf); Outlook Stable
Class B: downgraded to BBB(sf) from A+(sf); Outlook Negative
Class C: affirmed at BB+(sf); Outlook Negative
Class D: affirmed at CCC(sf); Recovery Rating of 'RR3'
Class E: affirmed at CC(sf); Recovery Rating revised of 'RR6'
Calificación Moody's
Class A Class A1: affirmed at Aaa(sf) Class A2: downgraded to A1(sf) from Aa1(sf)
Class B: downgraded to Ba1(sf) from A1(sf)
Class C: downgraded to Caa2(sf) from Baa2(sf)
Class D: downgraded to C(sf) from Ba2(sf)
Class E: downgraded to C(sf) from B1(sf)
Calificación Standard and Poor's
Class A Class A1: Not rated from AAA(sf) Class A2: affirmed at AA(sf); Watch Negative Class B: affirmed at BBB-(sf)
Class A: downgraded to AA(sf) from AAA(sf); removed from RWN; assigned Negative Outlook and Loss Severity Rating 'LS-1'
Class B: downgraded to BB(sf) from BBB(sf); removed from RWN; assigned Negative Outlook and Loss Severity Rating 'LS-3'
Class C: downgraded to CCC(sf) from B(sf); removed from RWN
Calificación Moody's
Class A: downgraded to A2(sf) from Aaa(sf)
Class B: downgraded to Caa1(sf) from A3(sf)
Class C: downgraded to Ca(sf) from Baa3(sf)
EMPRESAS HIPOTECARIO TDA CAM 5
Calificación Fitch Ratings
Class A Class A1: Not rated from AAA(sf) Class A2: downgraded to A(sf) from A+(sf); affirmed Outlook Stable Class A3: downgraded to A(sf) from A+(sf); affirmed Outlook Stable
Class B: affirmed at BB(sf); revised Outlook to Stable from Negative
Class C: affirmed at CCC(sf); assigned a Recovery Rating of 'RR3'
Class D: affirmed at C(sf); assigned a Recovery Rating of 'RR6'
Calificación Standard and Poor's
Class A Class A1: affirmed at AAA(sf); Watch Negative Class A2: affirmed at AA-(sf); removed from Watch Negative Class A3: affirmed at AA-(sf); removed from Watch Negative
Class B: affirmed at BB+(sf)
Class C: affirmed at B-(sf)
Class D: affirmed at D(sf)
TDA 27
Calificación Fitch Ratings
Class A Class A1: Not rated from AAA(sf) Class A2: affirmed at BBB-(sf); Rating Watch Negative Class A3: affirmed at BBB-(sf); Rating Watch Negative
Class B: affirmed at BB(sf); Rating Watch Negative
Class C: affirmed at B(sf); Rating Watch Negative
Class D: downgraded to CCC(sf) from B(sf); assigned a Recovery Rating 'RR5'
Class E: downgraded to CC(sf) from CCC(sf); Recovery Rating revised to 'RR6' from 'RR4'
Class F: affirmed at CC(sf); Recovery Rating 'RR6'
Class NAS-IO: Not rated from AAA(sf)
Calificación Standard and Poor's
Class A Class A1: Not Rated from AAA(sf) Class A2: affirmed at AA(sf); Watch Negative Class A3: affirmed at AA(sf); Watch Negative
Class B: affirmed at A(sf); Watch Negative
Class C: affirmed at BB(sf); Watch Negative
Class D: downgraded to D(sf) from CCC(sf)
Class E: affirmed at D(sf)
Class F: affirmed at D(sf)
Class NAS-IO: affirmed at AAA(sf)
TDA 28
Calificación Fitch Ratings
Class A: affirmed at BB(sf); Rating Watch Negative
Class B: downgraded to CCC(sf) from BB(sf); Recovery Rating 'RR5'
Class C: downgraded to CC(sf) from B(sf); assigned Recovery Rating 'RR6'
Class D: downgraded to CC(sf) from CCC(sf); Recovery Rating revised to 'RR6' from 'RR4'
Class E: affirmed at CC(sf); Recovery Rating revised to 'RR6' from 'RR5'
Class F: affirmed at CC(sf); Recovery Rating 'RR6'
Valor NAS-IO: Not rated from AAA(sf)
Calificación Standard and Poor's
Class A: affirmed at B(sf); Watch Negative
Class B: affirmed at D(sf)
Class C: affirmed at D(sf)
Class D: affirmed at D(sf)
Class E: affirmed at D(sf)
Class F: affirmed at D(sf)
Valor NAS-IO: Not Rated from AAA(sf)
MADRID RMBS II
Calificación Moody's
Class A Class A1: affirmed at Aaa(sf) Class A2: downgrade to Aa1(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A3: downgraded to A1(sf) from Aa2(sf)
Class B: downgraded to Ba1(sf) from A2(sf)
Class C: downgraded to Caa2(sf) from Baa2(sf)
Class D: downgraded to C(sf) from Ba3(sf)
Class E: downgraded to C(sf) from B3(sf)
Calificación Fitch Ratings
Class A Class A1: Not rated from AAA(sf) Class A2: downgraded to A(sf) from AA-(sf); Outlook Stable Class A3: downgraded to A(sf) from AA-(sf); Outlook Stable
Class B: downgraded to BBB(sf) from A-(sf); Outlook Negative
Class C: affirmed at BB(sf); Outlook Negative
Class D: affirmed at CCC(sf); Recovery Rating of 'RR4'
Class E: affirmed at CC(sf); Recovery Rating of 'RR6'
Calificación Standard and Poor's
Class A Class A1: Not rated from AAA(sf) Class A2: affirmed at AA(sf) Class A3: affirmed at AA(sf)
Class A Class A1: affirmed at Aaa(sf); placed under review for possible downgrade Class A2: downgraded to Aa2(sf) from Aaa(sf) Class A3: downgraded to A3(sf) from Aa2(sf)
Class B: downgraded to B1(sf) from A2(sf)
Class C: downgraded to Ca(sf) from Baa2(sf)
Class D: downgraded to C(sf) from Ba2(sf)
Class E: downgraded to C from B3
Calificación Fitch Ratings
Class A Class A1: Not rated from AA-(sf) Class A2: downgraded to BBB(sf) from A+(sf); Outlook Stable Class A3: downgraded to BBB(sf) from A+(sf); Outlook Stable
Class B: downgraded to BBB-(sf) from BBB(sf); Outlook Negative
Class C: affirmed at B(sf); Outlook Negative
Class D: affirmed at CCC(sf); Recovery Rating of 'RR5'
Class E: affirmed at CC(sf); Recovery Rating of 'RR6'
Calificación Standard and Poor's
Class A Class A1: Not rated from AA(sf) Class A2: affirmed at AA(sf); removed from Watch Negative Class A3: affirmed at AA(sf); removed from Watch Negative
Class A: downgraded to A(sf) from AA(sf); Outlook Stable(from Outlook Negative)
Class B: downgraded to BB(sf) from BBB(sf); Outlook Stable(from Outlook Negative)
Class C: affirmed at B(sf); Outlook Negative
Class D: affirmed at CC(sf)
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); Watch Negative
Class B: downgraded to BB(sf) from BBB(sf); removed from Watch Negative
Class C: downgraded to B(sf) from BB(sf); removed Watch Negative
Class D: affirmed at D(sf)
Calificación Moody's
Class A: affirmed at Aa3(sf); placed on review for possible downgrade
Class B: downgraded to Ba3(sf) from A3(sf)
Class C: downgraded to Caa2(sf) from Ba1(sf)
Class D: downgraded to C(sf) from Ca(sf)
TDA CAM 9
Calificación Fitch Ratings
Class A Class A1: downgraded to A(sf) from AA(sf); Outlook Stable(from Outlook Negative) Class A2: downgraded to A(sf) from AA(sf); Outlook Stable(from Outlook Negative) Class A3: downgraded to A(sf) from AA(sf); Outlook Stable(from Outlook Negative)
Class B: downgraded to BB(sf) from BBB(sf); Outlook Stable(from Outlook Negative)
Class C: affirmed at B(sf); Outlook Negative
Class D: affirmed at CC(sf)
Calificación Standard and Poor's
Class A Class A1: affirmed at AA-(sf); removed from Watch Negative Class A2: affirmed at AA-(sf); removed from Watch Negative Class A3: affirmed at AA-(sf); removed from Watch Negative
Class B: downgraded to BB(sf) from BBB(sf); removed from Watch Negative
Class C: downgraded to CCC-(sf) from CCC(sf)
Class D: affirmed at D(sf)
Calificación Moody's
Class A Class A1: affirmed at Aa3(sf); placed on review for possible downgrade Class A2: affirmed at Aa3(sf); placed on review for possible downgrade Class A3: affirmed at Aa3(sf); removed from placed on review for possible downgrade
Class B: downgraded to Ba3(sf) from A3(sf)
Class C: downgraded to Ca(sf) from Ba2(sf)
Class D: downgraded to C(sf) from Ca(sf)
TDA 29
Calificación Fitch Ratings
Class A Class A1: affirmed at AAA(sf); Outlook Negative from Stable Class A2: downgraded to AA(sf) from AAA(sf); Outlook Stable
Class B: downgraded to BBB(sf) from A(sf); Outlook revised to Negative from Stable
Class C: downgraded to CCC(sf) from BBB(sf); assigned a Recovery Rating of 'RR-5'
Class D: downgraded to CC(sf) from CCC(sf); assigned a Recovery Rating of 'RR6'
Calificación Moody's
Class A Class A1: downgraded to Aa1(sf) from Aaa(sf); removed from placed under review for possible downgrade Class A2: affirmed at Aa1(sf); placed under review for possible downgrade
Class B: affirmed at A1(sf); placed under review for possible downgrade
Class C: affirmed at Baa3(sf); placed under review for possible downgrade
EMPRESAS HIPOTECARIO TDA CAM 3
Calificación Fitch Ratings
Class A Class A2: downgraded to A(sf) from AA(sf); Revised Outlook to Stable from Negative
Class B: affirmed at BBB(sf); Revised Outlook to Stable from Negative
Class C: affirmed at CCC(sf); assigned a Recovery Rating of RR3
Calificación Standard and Poor's
Class A Class A2: downgraded to A+(sf) from AAA(sf); removed from Watch Negative
Class B: downgraded to BB+(sf) from BBB(sf); removed from Watch Negative
Class C: downgraded to B-(sf) from BB(sf); removed from Watch Negative
TDA EMPRESAS PASTOR 5
Calificación Standard and Poor's
Class A: affirmed at AA(sf); Watch Negative
Class B: affirmed at BBB(sf); removed from Watch Negative
Class C: affirmed at B(sf); removed from Watch Negative
Class D: affirmed at D(sf)
FTPYME TDA CAM 4
Calificación Fitch Ratings
Class A Class A2: affirmed at A(sf); Outlook Positive Class A3(CA): downgraded to A(sf) from AA-(sf); Outlook Positive from Negative
Class B: affirmed at BB(sf); Outlook Negative
Class C: affirmed at CCC(sf); assigned Recovery Rating 'RR-4'
Class D: affirmed at C(sf); asigned Recovery Rating 'RR-6'
Calificación Standard and Poor's
Class A Class A2: affirmed at AAA(sf); removed from Watch Negative Class A3(CA): affirmed at AAA(sf); removed from Watch Negative
Class B: affirmed at BBB+(sf)
Class C: downgraded to B+(sf) from BB-(sf); removed from Watch Negative
Class D: affirmed at D(sf)
Calificación Moody's
Class A Class A2: affirmed at Aa3(sf); removed from placed on review for possible downgrade Class A3(CA): downgraded to Aa3(sf) from Aa2(sf); removed from placed under review possible downgrade
Class B: downgraded to B1(sf) from A2(sf)
Class C: downgraded to Caa3(sf) from Baa3(sf)
Class D: downgraded to C(sf) from Ca(sf)
TDA PASTOR CONSUMO 1
Calificación Moody's
Class A: downgraded to Baa1(sf) from Aa2(sf)
Class B: downgraded to B3(sf) from Baa2(sf)
Class C: downgraded to Caa3(sf) from B3(sf)
Calificación Standard and Poor's
Class A: downgraded to BB-(sf) from BBB-(sf); removed from Watch Negative
Class B: downgraded to B(sf) from BB-(sf); removed from Watch Negative
Class C: affirmed at CCC(sf)
FTPYME TDA 6
Calificación Fitch Ratings
Class 1Not rated from AAA(sf)
Class 2Class 2CA: downgraded to A(sf) from AA-(sf); Outlook Stable; removed from Watch NegativeClass 2SA: affirmed at A(sf); Outlook Stable
Class 3Class 3SA: downgraded to CCC(sf) from B(sf); assigned Recovery Rating of 'RR-3'
CAIXA PENEDES 1 TDA
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A+(sf); Outlook Stable; assigned 'LS-2'
Class C: affirmed at BBB+(sf); Outlook Stable; assigned 'LS-2'
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); removed from Watch Negative
TDA TARRAGONA 1
Calificación Moody's
Class A: affirmed at Aa3(sf); placed under review for possible downgrade
Class B: downgraded to Baa1(sf) from Aa2(sf); removed from placed under review for possible downgrade
Class C: downgraded to Ba2(sf) from Baa1(sf); removed from placed under review for possible downgrade
TDA 23
Calificación Moody's
Class A: downgraded to Aa1(sf) from Aaa(sf); removed from placed under review for possible downgrade
Class B: affirmed at A2(sf); removed from placed under review for possible downgrade
Class C: downgraded to Ba1(sf) from Baa3(sf); removed from placed under review for possible downgrade
CEDULAS TDA 7
Calificación Moody's
Bond: downgraded to A1(sf) from Aa3(sf); review for possible downgrade(from review for possible downgrade)
Calificación Fitch Ratings
Bond: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Bond: downgraded to BBB-(sf) from AAA(sf); removed from Watch Negative
CM BANCAJA 1
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outllok Negative from Stable
Class B: affirmed at A(sf); removed from RWN; Negative Outlook; Loss Severity Rating of 'LS-3'
Class C: downgraded to BB(sf) from BBB(sf); removed from RWN; Negative Outlook; Loss Severity Rating of 'LS-3'
Class D: downgraded to B(sf) from BB(sf); removed from RWN; Negative Outlook; Loss Severity Rating of 'LS-3'
Class E: affirmed at CC(sf); removed from RWN
Calificación Standard and Poor's
Class A: affirmed at AA+(sf); Watch Negative
Class B: downgraded to BB(sf) from BBB-(sf); removed from Watch Negative
Class C: downgraded to B+(sf) from BB-(sf); removed from Watch Negative
Class D: affirmed at B-(sf); removed from Watch Negative
CEDULAS TDA 5
Calificación Moody's
Bond A: affirmed at Aa3(sf);review for possible downgrade
Calificación Fitch Ratings
Bond A: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Bond A: downgraded to AA(sf) from AAA(sf); removed from Watch Negative
PROGRAMA CEDULAS TDA
Calificación Moody's
Series A1: downgraded to A2(sf) from Aa2(sf); on review for downgrade Series A3: downgraded to A2(sf) from Aa2(sf); on review for downgrade Series A4: downgraded to A2(sf) from Aa2(sf); on review for downgrade Series A5: downgraded to Aa2(sf) from Aa1(sf); on review for downgrade Series A6: downgraded to A1(sf) from Aa2(sf); on review for downgrade
Calificación Fitch Ratings
Series A1: affirmed at AA(sf); Rating Watch Negative Series A3: affirmed at AA(sf); Rating Watch Negative Series A4: affirmed at AA(sf); Rating Watch Negative Series A5: affirmed at AA(sf); Rating Watch Negative Series A6: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Series A1: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative Series A3: downgraded to A+(sf) from AAA(sf); removed from Watch Negative Series A4: downgraded to A-(sf) from AAA(sf); removed from Watch Negative Series A5: downgraded to A-(sf) from AAA(sf); removed from Watch Negative Series A6: downgraded to BBB(sf) from AAA(sf); removed from Watch Negative
CEDULAS TDA 2
Calificación Moody's
Bond A: downgraded to A2(sf) from Aa2(sf); maintained on review for downgrade
Calificación Fitch Ratings
Bond A: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Bond A: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative
CEDULAS TDA 3
Calificación Moody's
Bond A: downgraded to Aa2 from Aaa(sf): review for further possible downgrade(from review for possible downgrade)
Calificación Fitch Ratings
Bond A: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Bond A: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative
CEDULAS TDA 1
Calificación Moody's
Bond A: affirmed at Aaa(sf)
Calificación Fitch Ratings
Bond A: affirmed at AAA(sf); Stable Outlook
CEDULAS TDA 6
Calificación Moody's
Bond: downgraded to A1(sf) from Aa2(sf); maintained on review for posiible downgrade
Calificación Fitch Ratings
Bond: affirmed at AA(sf); Rating Watch Negative
Calificación Standard and Poor's
Bond: downgraded to A+(sf) from AAA(sf)
CEDULAS TDA 14
Calificación Fitch Ratings
Bond A: affirmed at AAA(sf); Stable Outlook
CEDULAS TDA 13
Calificación Fitch Ratings
Bond A: affirmed at AA(sf); Watch Negative
CEDULAS TDA 18
Calificación Fitch Ratings
Bond A: affirmed at AA(sf); Rating Watch Negative
CEDULAS TDA 21
Calificación Moody's
Bond A: downgraded to A2(sf) from Aaa(sf): review for further possible downgrade(from review for possible downgrade)
CEDULAS TDA 17
Calificación Moody's
Bond A: downgraded to Baa2(sf) from A2(sf): review for further possible downgrade(from review for possible downgrade)
TDA 11
Calificación Moody's
Bond A3: downgraded to Aa3(sf) from Aaa(sf): removed from placed under review for possible downgrade
CEDULAS TDA 20
Calificación Moody's
Bond A1: downgraded to Aa3(sf) from Aa2(sf): maintained on review for possible downgrade Bond A2: downgraded to Aa3(sf) from Aa2(sf): maintained on review for possible downgrade
MADRID EMPRESAS I
Calificación Standard and Poor's
Bond B: affirmed at AA-(sf): Watch Negative
CEDULAS TDA 19
Calificación Moody's
Bond A: downgraded to Aa3(sf) from Aa1(sf); maintained on review for downgrade
TDA 9
Calificación Moody's
Class A3: donwgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
TDA 30
Calificación Moody's
Class A: affirmed at Aa2(sf); placed under review for possible downgrade
Class B: downgraded to Baa2(sf) from A1(sf); from under review for possible downgrade
Class C: downgraded to B1(sf) from Baa2(sf); from under review for possible downgrade
TDA IBERCAJA 7
Calificación Standard and Poor's
Class A: affirmed at AAA(sf); removed from Watch Negative
MADRID CONSUMO II
Calificación Standard and Poor's
Class A: affirmed at AA-(sf); Watch Negative
MADRID FTPYME I
Calificación Standard and Poor's
Class A Class A1: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative Class A2(G): downgraded to AA-(sf) from AAA(sf); removed from Watch Negative
CAIXA PENEDES 2 TDA
Calificación Standard and Poor's
Class A: downgraded to AA(sf) from AAA(sf); removed from Watch Negative
MADRID RESIDENCIAL I
Calificación Standard and Poor's
Class A: downgraded to AA(sf) from AAA(sf); removed from Watch Negative
MADRID RESIDENCIAL II
Calificación Standard and Poor's
Class A: downgraded to AA(sf) from AAA(sf); removed from Watch Negative
TDA EMPRESAS 2
Calificación Standard and Poor's
Class A: downgraded to A+(sf) from AAA(sf); removed from Watch Negative
CEDULAS TDA 15
Calificación Standard and Poor's
Bond: downgraded to AA+(sf) from AAA(sf); removed from Watch Negative
TDA IBERCAJA ICO-FTVPO
Calificación Standard and Poor's
Series A(G): downgraded to AA(sf) from AA+(sf)
Series B: affirmed at CCC-(sf)
Calificación Moody's
Series A(G): affirmed at Aaa(sf); placed under review for possible downgrade
TDA 31
Calificación Moody's
Series A: affirmed at Aaa(sf); on review for possible downgrade
UNICAJA TDA VPO
Calificación Moody's
Series A: affirmed at Aaa(sf); on review for possible downgrade
TDA IBERCAJA 6
Calificación Moody's
Series A: affirmed at Aaa(sf); on review for possible downgrade
Series B: affirmed at A1(sf); on review for possible downgrade
Series C: affirmed at Baa2(sf); on review for possible downgrade
Series D: affirmed at Ba3(sf); on review for possible downgrade
UNICAJA ANDALUCIA FTVIVIENDA
Calificación Moody's
Series A2(G): affirmed at Aaa(sf); on review for possible downgrade
TDA EMPRESAS 1
Calificación Moody's
Series A: downgraded to Aa3(sf) from Aaa(sf)
TDA IBERCAJA 5
Calificación Standard and Poor's
Series A Series A1: affirmed at AA+(sf); Watch Negative Series A2: affirmed at AA+(sf); Watch Negative
Series B: affirmed at A(sf)
Series C: affirmed at BBB-(sf)
Series D: affirmed at BB(sf)
Series E: affirmed at D(sf)
Calificación Moody's
Series A Series A1: affirmed at Aa1(sf); placed under review for possible downgrade Series A2: affirmed at Aa1(sf); placed under review for possible downgrade
Series B: affirmed at A1(sf); placed under review for possible downgrade
Series C: affirmed at Baa2(sf); placed under review for possible downgrade
Series D: affirmed at Ba1(sf); placed under review for possible downgrade
FTPYME TDA 7
Calificación Moody's
Class A Class A1: downgraded to Aa3(sf) from Aaa(sf) Class A2: downgraded to Aa3(sf) from Aaa(sf)
Class B: downgraded to Baa3(sf) from A2(sf)
Class C: downgraded to Caa1(sf) from Ba1(sf)
EMPRESAS TDA CAM 6
Calificación Moody's
Class AClass A1: downgraded to Aa1(sf) from Aaa(sf) Class A2: downgraded to Aa2(sf) from Aaa(sf)
Class B: downgraded to Baa3(sf) from A3(sf)
Class C: downgraded to Caa3(sf) from Ba3(sf)
FTPYME TDA CAM 7
Calificación Moody's
Class AClass A1: downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade Class A2(CA): downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade Class A3: downgraded to Aa2(sf) from Aaa(sf); removed from placed on review for possible downgrade
Class B: downgraded to Baa1(sf) from A2(sf)
Class C: downgraded to B1(sf) from Baa3(sf)
TDA CCM CONSUMO 1
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A(sf); Outlook revised to Stable from Negative; assigned 'LS-2'
Class C: downgraded to BB+(sf) from BBB-(sf); Outlook revised to Stable from Negative; assigned 'LS-3'
TDA PASTOR 1
Calificación Moody's
Class AClass A1: affirmed at Aaa(sf); removed from placed under review for possible downgrade Class A2: affirmed at Aaa(sf); removed from placed under review for possible downgrade
Class B: affirmed at A2(sf)
Class C: affirmed at Baa2(sf)
Class D: affirmed at Ba1(sf)
Calificación Fitch Ratings
Class AClass A1: affirmed at AAA(sf); Outlook Negative from Stable Class A2: affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A(sf); Outlook Stable
Class C: affirmed at BBB(sf); Outlook Stable
Class D: Not rated
TDA SA NOSTRA EMPRESAS 1
Calificación Fitch Ratings
Series A: affirmed at AAA(sf); Outlook Negative from Stable
CAIXA PENEDES FTGENCAT 1 TDA
Calificación Fitch Ratings
Class A Class A1: affirmed at AAA(sf); Outlook Negative from Stable Class A2(CA): affirmed at AAA(sf); Outlook Negative from Stable
Class B: affirmed at A-(sf); Outlook Stable
Class C: affirmed at BB(sf); Outlook Stable
TDA SA NOSTRA EMPRESAS 2
Calificación Fitch Ratings
Series A: affirmed at AAA(sf); Outlook Negative from Stable
TDA UNICAJA 1
Calificación Fitch Ratings
Class A: affirmed at AAA(sf); Outlook Stable; Assigned Loss Severity Rating 'LS-1'
Class B: affirmed at A(sf); Outlook Stable; Assigned Loss Severity Rating 'LS-3'
Class C: affirmed at BBB(sf); Outlook revised to Negative from Stable; Assigned Loss Severity Rating 'LS-3'
Class D: downgraded to CC(sf) from CCC(sf); Assigned Recover Rating 'RR5'
TDA CAM 10
Calificación Standard and Poor's
Class A Class A1: affirmed at AAA(sf); Watch Negative Class A2: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative Class A3: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative Class A4: downgraded to AA-(sf) from AAA(sf); removed from Watch Negative
Class B: downgraded to BB-(sf) from BBB-(sf); removed from Watch Negative
Class C: downgraded to CCC-(sf) from CCC(sf)
Class D: affirmed at D(sf)
Calificación Moody's
Class A Class A1: affirmed at Aaa(sf); placed under review for possible downgrade Class A2: downgraded to A3(sf) from Aa1(sf) Class A3: downgraded to A3(sf) from Aa1(sf) Class A4: downgraded to A3(sf) from Aa1(sf)