eDirect Money Trust (Orix) Program: R&I Affirms Rating (R&I - Rating and Investment Information Inc)

(Source: R&I - Rating and Investment Information Inc) NEWS RELEASE Dec 02, 2013 【Monitoring】 Orix Bank Corp. eDirect Money Trust (Orix Corp.) Program: a-1 Rating and Investment Information, Inc. (R&I) has announced the following rating. １．RATIONALE The rating is for a beneficial interest issuance program that manages loans made to Orix Corp. Orix Bank Corp., a trustee of the jointly-operated money trust, will extend funds entrusted by investors mainly to Orix, and such loans do not require any collateral. A repayment of the trust beneficial interest principal, etc. is sourced from repayments of such loans, etc. The framework for determining "the amount" of funds each series of...