MOODY'S AND THE IPMA TO HOLD EUROPEAN ABCP CONFERENCE IN OCTOBER
Moody's Investors Service and the IPMA will hold a conference on European Asset-Backed Commercial Paper on 29 October 2003 at the Dorchester Hotel in London.
This full-day event will include presentations about the changing ABCP industry by analysts from Moody's European Structured Finance Group as well as participants from European banks and a wide range of institutions across the industry.
Moody's conference agenda currently includes a review of the European and US ABCP market and outlook for 2004, as well as discussion on topics such as current trends in the European banking market and the impact of FIN46, IAS and Basel on the European ABCP market. In addition, the conference will offer special breakaway sessions on issues affecting ABCP, such as alternative liquidity structures, structural solutions to accounting changes and the use of synthetics, among others.
The daylong conference, which is free to attendees, is primarily targeted to investors; however arrangers are welcome to attend.
Further information, including a finalised conference agenda, will be made available in the coming months. For further information, please contact Moody's by e-mail on RSVP@moodys.com.
MOODY'S INVESTORS SERVICE
Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research and ratings on fixed-income securities, issuers of securities and other credit obligations. The firm provides credit ratings and analysis on more than $30 trillion of debt covering approximately 136,000 corporate and government securities, 67,000 public finance obligations, 6,000 corporate and financial institution relationships and 100 sovereign nations. Moody's is a subsidiary of Moody's Corporation (NYSE: MCO), which employs approximately 2,100 employees in 18 countries and reported revenues of $1.0 billion in 2002. Additional information about the company is available at www.moodys.com.
IPMA ECP COMMITTEE
The IPMA ECP Committee was created by the merger of the former Euro Commercial Paper Association (ECPA) with the International Primary Market Association (IPMA) in April 2002. The Euro Commercial Paper Association was established in 1987 to represent the interests of participants in the ECP market and to encourage market growth. The ECP Committees continues this work. It currently has 24 members based in London, Paris, Frankfurt and Amsterdam. Recently the committee has worked successfully with other trade associations to improve the regulatory, legal and operational infrastructure of the market.
Further details on the work of IPMA and the committee can be found on its web site: www.ipma.org.uk.
John Ford, Chairman
Deutsche Bank AG, London
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