- Language: English
- Published: May 2012
- Region: Romania
CreditWatch Status of Two Delta-Related Synthetic Deals Revised to Positive Nov 04
- Published: November 2004
- Standard & Poors
NEW YORK (Standard & Poor's) Nov. 29, 2004--Standard & Poor's Ratings Services today revised the CreditWatch status of its ratings assigned to Corporate Backed Trust Certificates Series 2001-6 Trust and Corporate Backed Trust Certificates Series 2001-19 Trust to positive from developing (see list). Series 2001-6 and 2001-19 are swap independent 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 Nov. 24, 2004 CreditWatch revision involving the senior unsecured debt ratings on Delta Air Lines Inc. to CreditWatch positive from CreditWatch developing. A copy of the Delta Air Lines Inc.-related Research Update dated Nov. 24, 2004, is available on RatingsDirect, Standard & Poor's Web-based...
Companies mentioned in this report are: Delta Air Lines Inc.
Action: On CreditWatch:Positive
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Research type: News
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Delta Air Lines Inc.