Moody’s rating action reflects a base expected loss of 5.7% of the current pooled balance, compared to 4.9% at Moody’s last review. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.

source https://finance.yahoo.com/m/0064f35f-c275-3420-81b1-243636458498/wells-fargo-commercial.html?.tsrc=rss