Ratings On Big Sky 2008-1 Seller Trust Certificates And Subordinate Trust Certificates Class 1 Affirmed, Off CreditWatch Mar 10

  • ID: 1783668
  • March 2010
  • Standard & Poors
1 of 3

Big-Sky 2008-1 is an RMBS transaction whose trust certificates and specified bonds are backed by a pool of housing loan receivables originated by Shinsei Bank. Standard & Poor's has affirmed and removed from CreditWatch positive its long-term credit rating on Shinsei Bank, the servicer as well as the originator in the transaction. Today's rating actions on Big Sky 2008-1's trust certificates reflect the rating action on Shinsei Bank and the credit quality of the transaction's underlying assets. We are affirming our ratings on Big Sky 2008-1's seller trust certificates and subordinate trust certificates class 1 and removing the ratings from CreditWatch with positive implications. At the same time, we are affirming our ratings on the class S1 to S3 specified...

Companies mentioned in this report are:

Action: Affirmed

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.

Note: Product cover images may vary from those shown
2 of 3

Big Sky 2008-1

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown


  • Quick Help: This Credit Rating Report will be emailed to you.


If you have a more general question about our products please try our


Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer Inc.