• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Various BellSouth-Related Synthetic Transaction Ratings Affirmed; Off Watch Negative Jan 07 Product Image

Various BellSouth-Related Synthetic Transaction Ratings Affirmed; Off Watch Negative Jan 07

  • ID: 1822757
  • January 2007
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) Jan. 5, 2007--Standard & Poor's Ratings Services today affirmed its 'A' ratings on securities issued by various BellSouth-related trusts and removed them from CreditWatch, where they were placed with negative implications on Jan. 24, 2006 (see list). The CreditWatch actions follow the Jan. 2, 2007, affirmation of the corporate credit and senior unsecured debt ratings on BellSouth Corp. and its related entities and their removal from CreditWatch negative. All of the affected securities were issued through swap-independent synthetic transactions that are weak-linked to one of the following underlying securities: BellSouth Telecommunications Inc.'s 7.00% debentures due Dec. 01, 2095; BellSouth Telecommunications Inc.'s 6.75% debentures due Oct. 15, 2033; BellSouth Capital Funding Corp.'s 6.04% debentures due Nov....

Companies mentioned in this report are: BellSouth Telecommunications Inc.,BellSouth Capital Funding Corp.,Receipts on Corporate Securities Trust,Structured Assets Trust Unit Repkgs (SATURNS) BellSouth Debenture-Backed Series 2001-3,Structured Repackaged Asset-Backed Trust Securities (STRATS) BellSouth Telecommunications READ MORE >

BellSouth Telecommunications Inc.,BellSouth Capital Funding Corp.,Receipts on Corporate Securities Trust,Structured Assets Trust Unit Repkgs (SATURNS) BellSouth Debenture-Backed Series 2001-3,Structured Repackaged Asset-Backed Trust Securities (STRATS) BellSouth Telecommunications Certificates Series 2003-1,Structured Asset Trust Unit Repackagings (SATURNS) BellSouth Corporation Debenture Backed Series 2004-5

Note: Product cover images may vary from those shown

RELATED PRODUCTS