|
|
 |
|
Viewing report
|
|
|
|
ABCP Rating Affirmation Compilation For Oct. 9-20, 2000 Oct 00
Standard & Poors, Oct 2000
Abstract
NEW YORK (Standard & Poor's CreditWire) October 23, 2000-Standard & Poor's affirmed the ratings of six asset-backed commercial paper (ABCP) multiseller conduits, for the period of Oct. 9-20, 2000 (see list). These rating actions were based on Standard & Poor's review of the transactions before they entered the conduits. Financing limits for these transactions totaled $412.5 million. The commercial paper that the conduits issued was backed by equipment, credit card, synthetics and trade receivables. Year-to-date, including this week's additions, Standard & Poor's has affirmed ratings based on 124 transactions entering 35 conduits of 28 program administrators. Year-to-date, Standard & Poor's has affirmed ratings on transactions totaling approximately $29.27 billion in financing limits. Of this total, 29% were 'A-1'-plus rating affirmations,...
Companies mentioned in this report are: BankBoston N.A.,State Street Bank and Trust Co., Boston, MA,SunTrust Bank,Commerzbank AG,UniCredit Bank AG
Action: S&P Event
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
