|
|
 |
|
Viewing report
|
|
|
|
Australian Fixed-Income Newsletter: Beyond the Curve May 06
Standard & Poors, May 2006
Abstract
The importance of credit ratings was highlighted last week in the New Zealand market, with the collapse of the finance company National Finance 2000. The unrated financier owes some NZ$25 million to debenture holders. General Property Trust, National Australia Bank Ltd., Rinker Group Ltd., Westfield Group, Orica Ltd., and a word on the iron ore negotiations. Elders Rural Bank Ltd., Brisbane Airport Corp. Ltd., Pepper Residential Securities Trust No. 5, and National RMBS Trust 2006-1. Echo Funding Pty. Ltd. Series 16, Jarrah Trust Series 1, Obelisk Trust 2006-1 Eden, Obelisk Trust 2006-3 Eden, and Security Holding Investment Entity Linking Deals Pty. Ltd. Series 14. The equity market gave the Federal budget a big tick of approval last week. And while...
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.
|
|
|
|
