Moody's downgrades Ballantyne Re's unwrapped notes
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Moody's downgrades Ballantyne Re's unwrapped notes

31 August 2008
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Moody’s Investors Service further downgraded the unwrapped tranches of beleaguered Scottish Re’s $2.1bn XXX reserve life securitisation, Ballantyne Re, citing mark-to-market losses in the collateral account as the catalyst for the move.

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AnalysisSeptember 2008/1
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