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C-Bass CBO V Ltd. Ratings Affirmed On Four Classes May 11
Standard & Poors, May 2011
Abstract
OVERVIEW C-Bass CBO V Ltd. is an arbitrage CBO transaction collateralized primarily by mezzanine structured finance bonds. We affirmed our ratings on the class B, C, D-1, and D-2 notes from C-Bass CBO V Ltd. and removed the class B and C notes from CreditWatch negative. The affirmations and CreditWatch actions reflect our updated counterparty criteria. NEW YORK (Standard & Poor's) May 23, 2011--Standard & Poor's Ratings Services today affirmed its ratings on the class B, C, D-1, and D-2 notes issued by C-Bass CBO V Ltd., an arbitrage collateralized bond obligation (CBO) transaction collateralized primarily by mezzanine structured finance bonds. At the same time, we removed our ratings on the class B and C notes from CreditWatch with negative...
Companies mentioned in this report are: C-Bass CBO V Ltd
Action: Affirmed
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. 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.
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