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ARCHIVE | Criteria | Corporates | Project Finance: International Postal Entities: Influence Of Government Support On Ratings Nov 04
Standard & Poors, Nov 2004
Abstract
(Note: The tables in this article are designed for exporting in certain Standard & Poor's products; therefore, printing quality may vary. Changing your page orientation to landscape mode, reducing your page margins, and/or reducing the text size in your browser may improve the printed output.) This article outlines Standard & Poor's Ratings Services' perspective on the current principles of state support for postal entities, along with Standard & Poor's ratings methodology for the sector, and builds on an earlier article 'European Postal Sector's Creditworthiness to Remain Strong in the Medium Term' (published on RatingsDirect, Standard & Poor's Web-based credit analysis system, on Oct. 7, 2002). In this report, Standard & Poor's examines how the rating of seven postal companies on...
Companies mentioned in this report are: La Poste,Australian Postal Corp.,New Zealand Post Ltd.,PostNL N.V.,Poste Italiane Group,Deutsche Post AG,Singapore Post Ltd.
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
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