Rating On Deutsche Bank's First To Default Issue Basket Off Watch Neg After Obligor Action Jun 07

  • ID: 2031897
  • June 2007
  • Standard & Poors
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LONDON (Standard & Poor's) June 21, 2007Standard & Poor's Ratings Services said today that it removed from CreditWatch with negative implications and affirmed its 'AA-' credit rating on the €10 million first to default issue basket credit-linked notes issued by Deutsche Bank AG. This rating action reflects the removal from CreditWatch negative of the 'AA-' long-term issuer credit rating on an underlying obligor in this transaction. Related information on Deutsche Bank's first to default issue basket transaction is available to subscribers of RatingsDirect, the real-time Web-based source for Standard & Poor's credit ratings, research, and risk analysis, at www.ratingsdirect.com. Alternatively, call Client Support Europe on (44) 20-7176-7176. Members of the media may contact the Press Office Hotline on (44) 20-7176-3605...

Companies mentioned in this report are:
- Deutsche Bank AG

Action: Affirmed
Action: Removed From CreditWatch

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Research type: News
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- Deutsche Bank AG

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