- Language: English
- Published: October 2012
- Region: Europe
Transaction Update: Invesco Mezzano B.V. Oct 11
- ID: 1930752
- October 2011
- Standard & Poors
Standard & Poor's Ratings Services today raised its credit ratings on all rated classes of notes in Invesco Mezzano B.V. Specifically, we have raised our ratings on: Class A to 'A+ (sf)' from 'A (sf)'; Class B to 'A (sf)' from 'BBB+ (sf)'; Class C to 'BBB- (sf)' from 'BB+ (sf)'; Class D to 'BB+ (sf)' from 'BB- (sf)'; and Class E to 'B+ (sf)' from 'CCC (sf)'. The rating actions follow our assessment of the transaction's performance using data from the latest available trustee report, dated Aug. 31, 2011, as well as a cash flow analysis. We have taken into account recent developments in the transaction and reviewed the transaction under our 2010 counterparty criteria (see "Counterparty And Supporting...
Companies mentioned in this report are: Invesco Mezzano B.V.
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: Full Analysis
Invesco Mezzano B.V.