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Silk Road Finance Number Five PLC -- Moody's assigns definitive rating to notes issued by Silk Road Finance Number Five PLC

The portfolio backing this transaction consists of UK prime residential loans originated by The Co-operative Bank plc. B1(cr)/NP(cr)) sold the portfolio of Platform branded mortgages to Silk Road Finance Number Five PLC (the "Issuer"). The rating takes into account the credit quality of the underlying mortgage loan pool, from which Moody's determined the MILAN Credit Enhancement and the portfolio expected loss, as well as the transaction structure and legal considerations.