15 Ratings Lowered, Five Raised, 153 Affirmed, And One Withdrawn On 38 U.S. RMBS Transactions Issued In 1995-2004 Dec 11
- Language: English
- Published: December 2011
- Region: United States
NEW YORK (Standard & Poor's) July 9, 2003--Standard & Poor's Ratings Services today affirmed its ratings on the class A-1 certificates issued by Corporate Backed Trust Certificates Series 2001-6 Trust and Corporate Backed Trust Certificates Series 2001-19 Trust. At the same time, the ratings are removed from CreditWatch with negative implications, where they were placed March 20, 2003 (see list). The series 2001-6 and 2001-19 Corporate Backed Trust Certificates Trusts are synthetic transactions that are weak-linked to the underlying securities, Delta Air Lines Inc.'s 8.3% senior unsecured notes due Dec. 15, 2029. The rating actions reflect the affirmed ratings on Delta Air Lines and their removal from CreditWatch July 8, 2003. A copy of the Delta Air Lines Inc.-related press...
Companies mentioned in this report are: Delta Air Lines Inc.
Action: Affirmed, Off CreditWatch
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Research type: News
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