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Rating Actions Taken On IM FTPYME GRUPO BANCO POPULAR I And II And IM BANCO POPULAR FTPYME 1 Dec 08 Product Image

Rating Actions Taken On IM FTPYME GRUPO BANCO POPULAR I And II And IM BANCO POPULAR FTPYME 1 Dec 08

  • Published: December 2008
  • Standard & Poors

Abstract
LONDON (Standard & Poor's) Dec. 16, 2008--Following a full credit and cash flow analysis, Standard & Poor's Ratings Services today took various rating actions on the notes issued by IM BANCO POPULAR FTPYME 1, Fondo de Titulizacion de Activos (IM BP FTPYME 1), IM GRUPO BANCO POPULAR FTPYME I, Fondo de Titulizacion de Activos (IM GBP FTPYME I), and IM GRUPO BANCO POPULAR FTPYME II, Fondo de Titulizacion de Activos (IM GBP FTPYME II) (see list below). Specifically, we: -- Lowered the rating on IM GBP FTPYME I's class C notes; -- Lowered the ratings on and removed from CreditWatch negative IM GBP FTPYME I's and IM GBP FTPYME II's class D notes; -- Placed IM GBP FTPYME II's class...

Companies mentioned in this report are:
- IM BANCO POPULAR FTPYME 1, Fondo de Titulizacion de Activos
- Banco Popular Espanol S.A.
- IM GRUPO BANCO POPULAR FTPYME I, Fondo de Titulizacion de Activos
- IM GRUPO BANCO POPULAR FTPYME II, Fondo de Titulizacion de Activos

Action: Affirmed
Action: Downgraded
Action: On CreditWatch:Negative
Action: Removed From CreditWatch

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- IM BANCO POPULAR FTPYME 1, Fondo de Titulizacion de Activos
- Banco Popular Espanol S.A.
- IM GRUPO BANCO POPULAR FTPYME I, Fondo de Titulizacion de Activos
- IM GRUPO BANCO POPULAR FTPYME II, Fondo de Titulizacion de Activos

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