May 2015

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RATING ACTION

 IssuerDescriptionActionRatingAgency
TransurbanDowngradeBBB+S&P
Series 2015-1 WST TrustClass AAssignedAAA(EXP)sfFitch
Class BAssignedAAA(EXP)sfFitch
Class CAssignedNRFitch
La Trobe Fin Capital Mkets Trust 2015-1Class A1AssignedAAA(EXP)sfFitch
Class A2AssignedAAA(EXP)sfFitch
Class BAssignedNRsfFitch
Class CAssignedNRsfFitch
Class DAssignedNRsfFitch
Class EAssignedNRsfFitch
Class FAssignedNRsfFitch
Equity notesAssignedNRsfFitch
SMART ABS Series 2015-2 TrustClass AAssignedAAAsfFitch
Macquarie LeasingClass BAssignedAAsfFitch
Seller notesAssignedNRFitch
ANZCovered bondsAssignedAAAFitch
Bis IndustriesCorporate family ratingDowngradeCaa1Moody's
Flexi ABS Trust 2013-1Class BUpgradeAA+sfFitch
Class CUpgradeAAsfFitch
Class DUpgradeAsfFitch
Class EUpgradeBBBsfFitch
Flexi ABS Trust 2013-2Class CUpgradeAAsfFitch
Class DUpgradeAsfFitch
Class EUpgradeBBBsfFitch
FortescueSenior unsecured ratingDowngradeBBFitch
Abel FundingShort-Term ratingDowngradeF2sfFitch
Firstmac MF Trust No.4 Series 1-2015Class A-1AssignedAAAsfFitch
Class A-2AssignedAAAsfFitch
Onsite Rental GroupCorporate family ratingDowngradeB2Moody's
Queensland Police Credit UnionIssuer ratingAssignedBBBS&P
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