|
|
 |
|
Viewing report
|
|
|
|
BULLETIN: Smoking Ban Vote Will Not Affect Ratings In Pub Securitizations Feb 06
Standard & Poors, Feb 2006
Abstract
LONDON (Standard & Poor's) Feb. 15, 2006-Standard & Poor's Ratings Services said today that it had anticipated the outcome of yesterday's vote on smoking in public houses (pubs) in its rating stresses. As a result, no rating action is likely in any pub securitization. Yesterday, the U.K. Government gave Members of Parliament a free vote in the debate on whether to impose a total or partial ban on smoking in enclosed public areas in England and Wales. A total ban is due to come into effect in Scotland from next month, and Northern Ireland has already voted to introduce a total ban next year. 'We do not expect any marked impact on either the managed or tenanted pubcos as a...
Companies mentioned in this report are: Spirit Issuer PLC,Punch Taverns Finance PLC,Unique Pub Finance Co. PLC (The),Punch Taverns Finance B Ltd.,Mitchells & Butlers Finance PLC,Greene King Finance PLC,Marston's Issuer PLC
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.
|
|
|
|
