Moody's: No adverse rating impact on SMHL Series 2018-1 Fund

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    https://finance.yahoo.com/news/smhl-series-2018-1-fund-020006511.html

    "Moody's Investors Service announced today that the addition of AUD216 million of mortgage loans into SMHL Series 2018-1 Fund on 9 December 2020 (the Substitution) would not, in and of itself and as of this point in time, result in a reduction, placement on review for possible downgrade or withdrawal of Moody's current rating of the Class A Notes issued by Perpetual Trustee Company Limited ... "

    Full story at link.

    I suppose this news item is why the PPT share price is rising today - up nearly 6%.



 
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