Bulletin: Rating Unchanged In Rosenkavalier 2008 GmbH Securitization Of German Residential Mortgage And Corporate Loans Apr 09
- ID: 1831442
- April 2009
- Region: Germany
- Standard & Poors
LONDON (Standard & Poor's) April 29, 2009Standard & Poor's Ratings Services said today that following a review of Rosenkavalier 2008 GmbH, there is no change to the 'A' rating on the class A notes issued by Rosenkavalier. On Dec. 11, 2008, we assigned credit ratings to class A notes issued by Rosenkavalier. Rosenkavalier 2008 also issued an unrated class B tranche. In this transaction, Bayerische Hypo- und Vereinsbank AG (HVB) securitized a mixed portfolio of corporate loans to German and European small and midsize enterprises and large corporates, and residential mortgage loans to German private clients. The assets are sold to the issuer on a revolving basis, and were originated in line with HVB's origination policies and held on the...
Companies mentioned in this report are:
- Rosenkavalier 2008 GmbH
- UniCredit Bank AG
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