TEXT-Moody's on Private VCL S.A, Compartment Private VCL 2008-1


(The following statement was released by the ratings agency) Nov 28 - Moody's Investors Service has assigned the following definitive ratings to two classes of asset-backed notes issued by Private VCL S.A., Compartment Private VCL 2008-1: - Aaa to the EUR 558,000,000 Class A Asset Backed Floating Rate Notes of 2008/2014; and - A1 to the EUR 18,000,000 Class B Asset Backed Floating Rate Notes of 2008/2014. This transaction is the eleventh securitisation by VW Leasing GmbH ("VWL"), ...

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