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BNP Paribas Lease Group Afrmd 'AA-/Stable/A-1+', Rtgs Then Withdrawn at Management's Request Dec 03
Standard & Poors, Dec 2003
Abstract
PARIS (Standard & Poor's) Dec. 9, 2003--Standard & Poor's Ratings Services said today that it had affirmed its 'AA-' long-term counterparty credit and senior unsecured debt ratings and 'A-1+' short-term counterparty credit rating on France-based BNP Paribas Lease Group, as well as its 'AA-' long-term counterparty credit and senior unsecured debt ratings on related entities Natiocredibail and Natiocredimurs. The outlook on all three entities is stable. Following the affirmation, the ratings on BNP Paribas Lease Group, Natiocredibail, and Natiocredimurs were withdrawn at management's request. 'The ratings on BNP Paribas Lease Group reflected the group's core position within its parent BNP Paribas (AA-/Stable/A-1+), adequate financial profile, and strong market positions,' said Standard & Poor's credit analyst Florence Garcin. BNP Paribas Lease...
Companies mentioned in this report are: BNP Paribas Lease Group,BNP Paribas,Natiocredibail,Natiocredimurs
Action: Withdrawn
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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