Rating Raised On Dutch RMBS Transaction Dutch MBS XV's Class C Notes Due To Increased Credit Enhancement Dec 11
Standard & Poors, December 2011
Abstract
OVERVIEW Stable collateral performance, combined with an increase in credit enhancement, has led us to raise our rating on the class C notes. We have also affirmed our ratings on the class A1, A2, B, D, and E notes. Dutch MBS XV is an RMBS transaction backed by prime Dutch residential loans. LONDON (Standard & Poor's) Dec. 8, 2011--Standard & Poor's Ratings Services today raised its credit rating on Dutch MBS XV B.V.'s class C notes. At the same time, we affirmed our ratings on the remaining capital structure (see list below). These rating actions follow our credit and cash flow analysis of Dutch MBS XV. We have taken these actions primarily due to deleveraging of the transaction, which has...
Companies mentioned in this report are: Dutch MBS XV B.V.
Action: Affirmed
Action: Upgraded
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Dutch MBS XV B.V.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
