• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
S&P Resolves 24 European Structured Finance Counterparty Criteria CreditWatch Placements (May 13, 2011 Review) Product Image

S&P Resolves 24 European Structured Finance Counterparty Criteria CreditWatch Placements (May 13, 2011 Review)

  • Published: May 2011
  • Standard & Poors

FEATURED COMPANIES

Abstract
OVERVIEW Today's rating actions reflect the application of our updated counterparty criteria for structured finance transactions. We have lowered our ratings on 23 tranches in nine European structured finance transactions, as in our opinion each transaction doesn't adequately mitigate its counterparty risk to maintain the current ratings under our updated criteria. We have subsequently withdrawn our ratings on five of these tranches. We have affirmed our ratings on three tranches in two transactions, as in our opinion each transaction adequately mitigates its counterparty risk. LONDON (Standard & Poor's) May 13, 2011--Standard & Poor's Ratings Services today took various rating actions on 26 European structured finance tranches. Specifically we have taken the following ratings actions: We have lowered and removed from...

Companies mentioned in this report are: Asti Finance S.r.l.
Action: Affirmed
Action: Downgraded
Action: Removed From CreditWatch

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. READ MORE >

Asti Finance S.r.l.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS