|
|
 |
|
Viewing report
|
|
|
|
Australian Fixed-Income Newsletter: Beyond The Curve Apr 07
Standard & Poors, April 2007
Abstract
GE Capital Australia Funding, ANZ, Municipality Finance Plc, Wachovia Corp., ANZ Bank, St.George Bank, Westpac, Apollo Series 2007-1E Trust Qantas Airways Ltd., Woolworths Ltd., Telecom Corp. of New Zealand Ltd. Wachovia Corp. and Apollo Series 2007-1E Trust Rinker Group Ltd., New Zealand Post Ltd. With Easter falling in the middle of the first two weeks of April, the month and the quarter have started relatively quietly. In the domestic market, corporate bond issuance totals just under A$1.1 billion, with almost half of this volume having been priced last week. GE Capital Australia Funding Proprietary Ltd. quietly priced A$300 million of FRNs on the Tuesday with a July 2013 maturity, and, in a similar manner, on Friday the ANZ undertook an...
Companies mentioned in this report are: Cemex Inc.,Westpac Banking Corp.,Coles Group Ltd.,Qantas Airways Ltd.,Telecom Corp. of New Zealand Ltd.,Municipality Finance PLC,Suncorp-Metway Ltd.,St.George Bank Ltd.,New Zealand Post Ltd.,Woolworths Ltd.,GE Capital Australia Funding Pty Ltd.,Cemex Corp.,APOLLO Series 2007-1E Trust
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
