|
|
 |
|
Viewing report
|
|
|
|
'A-1+' Rating Affirmed on Sheffield Receivables Corp.'s Commercial Paper Mar 00
Standard & Poors, March 2000
Abstract
NEW YORK (Standard & Poor's CreditWire) March 15, 2000--Standard & Poor's today affirmed its 'A-1'-plus rating on the commercial paper notes of Sheffield Receivables Corp. The rating action follows Sheffield's purchase of US$15 million notes from a special-purpose entity for the purchase of a pool of equipment lease receivables. The rating on Sheffield's commercial paper program is based on liquidity support from liquidity providers with short-term ratings commensurate with Sheffield's 'A-1'-plus rating, and sufficient pool-specific credit enhancement. Sheffield is a multiseller, partially enhanced asset-backed commercial paper conduit sponsored by Barclays Bank PLC, Standard & Poor's said. -- CreditWire...
Companies mentioned in this report are: Sheffield Receivables Corp.,Barclays Bank PLC
Action: Affirmed
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.
|
|
|
|
