Preliminary Ratings Assigned To The 2011 RMBS Issue Of Nautilus Trust No. 1 Series 2008-1 Sep 11
- ID: 1921553
- September 2011
- Standard & Poors
OVERVIEW Nautilus Trust No. 1 Series 2008-1 (2011 Issue) is a securitization of prime residential mortgages originated by Columbus Capital Pty Ltd. We have assigned our preliminary ratings to the five classes of notes to be issued by Permanent Custodians Ltd. as trustee for Nautilus Trust No. 1 Series 2008-1 (2011 Issue). The preliminary ratings reflect our opinion of the transaction's credit support, collateral pool, servicer, and other features based on our current criteria and assumptions. MELBOURNE (Standard & Poor's) Sept. 19, 2011--Standard & Poor's Ratings Services today assigned its preliminary ratings to the five classes of prime residential mortgage-backed securities (RMBS) to be issued by Permanent Custodians Ltd. as trustee of Nautilus Trust No. 1 Series 2008-1 (2011 Issue)...
Companies mentioned in this report are:
- Nautilus Trust No.1 Series 2008-1 (2011 Issue)
Action: Preliminary Rating
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Research type: News
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