- Language: English
- Published: January 2013
- Region: Sudan
Rating On Big Sky 2008-1 Seller's Beneficial Interests Raised To 'A (sf)'; Three Classes Affirmed May 11
- Published: May 2011
- Standard & Poors
OVERVIEW Big Sky 2008-1 is a securitization transaction, in which beneficial interests and specified bonds are backed by a pool of mortgage loan receivables originated by Shinsei Bank. As the transaction's credit enhancement levels have increased, we see a higher likelihood of repayment of the principal on the seller's beneficial interests by the transaction's legal final maturity date. We have raised by two notches our rating on the seller's beneficial interests and affirmed our ratings on the class S2 and S3 specified bonds and the class 1 subordinate beneficial interests issued under this transaction. TOKYO (Standard & Poor's) May 2, 2011--Standard & Poor's Ratings Services today raised to 'A (sf)' from 'BBB+ (sf)' its rating on the seller's beneficial interests...
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Big Sky 2008-1