Summary: Knights Funding Corporation II Nov 00
Standard & Poors, November 2000
Abstract
Knights Funding Corporation II, a Cayman Islands company, is authorized to issue up to $112.5 million in commercial paper notes. The proceeds of the CP notes will be used for general corporate purposes. An irrevocable letter of credit from Bayerische Hypo- und Vereinsbank AG supports the payment of notes at maturity....
Companies mentioned in this report are:
- UniCredit Bank AG
Action: Review
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
- UniCredit Bank AG
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