BRIEF-Moody's places on review for downgrade ABCP issued by Poseidon Funding

Published 10:34 PM ET Sat, 10 Nov 2012

Oct 01 (Reuters) - Poseidon Funding Limited/Poseidon Funding Corporation (Poseidon)

* Moody's has placed the Prime-2 (sf) rating in respect of the asset-backed commercial paper notes (ABCP) issued by Poseidon Funding Limited/Poseidon Funding Corporation ("Poseidon") on review for downgrade

((Bangalore Ratings Team, Hotline: +91 80 4135 5898 Debanjali.Ghosh@thomsonreuters.com, Group id: BangaloreRatings@thomsonreuters.com, Reuters Messaging: Debanjali.Ghosh.reuters.com@reuters.net))

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BRIEF-Moody's places on review for downgrade ABCP issued by Poseidon Funding

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