Ratings Withdrawn On Five Classes From Three CDO Transactions Jul 11
- ID: 1872356
- July 2011
- Standard & Poors
NEW YORK (Standard & Poor's) July 29, 2011--Standard & Poor's Ratings Services today withdrew its ratings on five classes of notes from three collateralized debt obligation (CDO) transactions (see list). Today's withdrawals on the class A, B, and C notes from Canyon Capital CDO 2002-1 Ltd. reflect the notes' complete paydowns. Our withdrawals of the class P-1 notes from Mac Capital Ltd. and the prin prote series 1 certificates from Principal Protected I-Pre TSL III Trust reflect that both tranches were unwound. RELATED CRITERIA AND RESEARCH Update to Global Methodologies And Assumptions For Corporate Cash Flow And Synthetic CDOs, published Sept. 17, 2009. General Criteria: Understanding Standard & Poor's Rating Definitions, published June 3, 2009. Update To General Cash Flow...
Companies mentioned in this report are: Canyon Capital CDO 2002-1 Ltd,Principal Protected I-Pre TSL III Trust,MAC Capital 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: 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.
Canyon Capital CDO 2002-1 Ltd,Principal Protected I-Pre TSL III Trust,MAC Capital Ltd