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Alliance Laundry Equipment Receivables Trust 2009-A $330 Million Notes 'AA (sf)' Ratings Affirmed Jun 11
Standard & Poors, June 2011
Abstract
Overview Alliance Laundry Equipment Receivables Trust 2009-A is an equipment loan and trade receivables ABS securitization. The assets consist of loans and trade receivables originated and serviced by Alliance Laundry Systems LLC. We are affirming our 'AA' ratings, following the execution of amendments to the transaction documents, on both the equipment loan and receivables notes. The ratings affirmation reflects our view of the transaction's credit support, collateral pool, structure, and other features, as well as our current criteria and assumptions. NEW YORK (Standard & Poor's) June 17, 2011--Standard & Poor's Ratings Services today affirmed its 'AA (sf)' ratings on Alliance Laundry Equipment Receivables Trust 2009-A's $330 million equipment loan and receivables notes (see list). The notes are secured by a...
Companies mentioned in this report are: Alliance Laundry Equipment Receivables Trust 2009-A
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.
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