- Language: English
- Published: January 2012
- Region: Connecticut
Ratings Lowered On Anderson Valley II CDO's Class S-1, A-1, B-1, C-1, And D-1 Notes
- ID: 1782793
- October 2010
- Standard & Poors
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Research type: News
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OVERVIEW We have reviewed Anderson Valley II, taking into account developments in the transaction that we have observed in recent months. We have lowered our ratings on five classes. Anderson Valley II is a cash flow CDOs with a portfolio of primarily investment-grade corporate and sovereign entities. LONDON (Standard & Poor's) Oct. 15, 2010--Standard & Poor's Ratings Services today lowered its credit ratings on five classes of notes issued by Anderson Valley II CDO PLC (see list below). Today's rating actions follow developments that we have observed since we last took rating action on the transaction in January 2010. In particular, all outstanding credit events in the reference portfolio have now been settled, allowing us to better assess the impact...
Companies mentioned in this report are: Anderson Valley II CDO PLC