Disposal of Lewtan has been completed

We would like to announce that we have completed the disposal of structured finance market analytical tools and data provider Lewtan to Moody’s Corporation. Lewtan’s revenues were approximately $25 million in the year to 30 September 2014, and the company will become part of Moody’s Analytics’ Structured Analytics and Valuations business, which provides an extensive data and analytics library for securitised assets. A spokesperson from Moody’s says that the strong position enjoyed by Lewtan in Europe will allow Moody’s to expand its reach and broaden its product offering.