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Bulletin: Ratings Unchanged In Opera France One FCC Following Review Oct 07
Standard & Poors, Oct 2007
Abstract
LONDON (Standard & Poor's) Oct. 2, 2007-Standard & Poor's Ratings Services said today that, following a review of Opera France One FCC based on the data provided by Eurohypo AG, up to and including August 2007, there are no changes to the ratings on the notes (see list below). Our review shows that the transaction's performance is stable and that no rating action is warranted at this time. The transaction was originated by the Paris branch of Eurohypo and closed in August 2006. At closing, the -379.9 million commercial mortgage-backed floating-rate notes were backed by one -379.9 million loan facility comprising tranches A (-199.9 million) and B (-180.0 million). A further loan (tranche C) was not included in the securitization...
Companies mentioned in this report are: Opera France One FCC,Eurohypo AG
Action: Bulletin
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.
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