- Language: English
- 1091 Pages
- Published: October 2012
- Region: Global
New Issue: AyT C?dulas Cajas Global, Fondo de Titulizaci?n de Activos
- Published: August 2007
- Region: Global
- Standard & Poors
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
Standard & Poor's Ratings Services has assigned a credit rating to the -200 million fixed-rate notes series IX further issuance issued by AyT C-dulas Cajas Global, Fondo de Titulizaci-n de Activos (AyT C-dulas Cajas Global), an SPE established in December 2005. The underlying collateral of the "c-dulas hipotecarias" (mortgage covered bonds or CHs) consists of the mortgage loan books of 10 Spanish savings banks. These CHs, together with all other outstanding CHs from the entities issuing them, are backed by the entire mortgage loan book of these entities. The rating reflects the quality of the underlying collateral and the structural enhancements included, such as the liquidity line to cover defaulting fixed-rate CHs, provided by Instituto de Cr-dito Oficial (ICO; AAA/Stable/A-1+)....
Companies mentioned in this report are: AyT Cedulas Cajas Global, Fondo de Titulizacion de Activos
Action: New Rating
SHOW LESS READ MORE >
AyT Cedulas Cajas Global, Fondo de Titulizacion de Activos