Ratings Withdrawn On Five Classes From Three CDO Transactions Jul 11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
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Research type: News
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