The Spanish Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: November 2011
Abstract
Standard & Poor's Ratings Services has assigned credit ratings to the €1 billion mortgage-backed floating-rate notes issued by AyT Génova Hipotecario IX Fondo de Titulización Hipotecaria, an SPE. The issuer is a fund whose only purposes are to purchase the collateral from Barclays Bank S.A., issue the notes, and carry on related activities. The issuer holds a distinct and closed pool of assets available for distribution to the noteholders. The assets are insulated from the insolvency of the originator and the trustee. The originator of this transaction is Barclays Bank S.A., a subsidiary of Barclays Bank PLC. Barclays Bank S.A. maintains a position in all sectors of Spanish banking. The mortgage loans representing the collateral of the transaction are mortgage...
Companies mentioned in this report are:
- AyT Genova Hipotecario IX Fondo de Titulizacion Hipotecaria
- Barclays Bank PLC
Action: New Rating
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
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- AyT Genova Hipotecario IX Fondo de Titulizacion Hipotecaria
- Barclays Bank PLC
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |