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Puerto Rico AAA Portfolio Target Maturity Fund 2004 Se Rating Withdrawn Following Paydown Dec 11 Product Image

Puerto Rico AAA Portfolio Target Maturity Fund 2004 Se Rating Withdrawn Following Paydown Dec 11

  • Published: December 2011
  • Region: Puerto Rico
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) Dec. 27, 2011--Standard & Poor's Ratings Services today withdrew its 'A' rating on class 2004 Se from Puerto Rico AAA Portfolio Target Maturity Fund Inc., a U.S. closed-end leveraged fund transaction (see list). We withdrew our rating following the complete paydown of the security on its redemption date. STANDARD & POOR'S 17G-7 DISCLOSURE REPORT SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the representations, warranties and enforcement mechanisms in issuances of similar securities. The Rule applies to in-scope...

Companies mentioned in this report are: Puerto Rico AAA Portfolio Target MAturity Fund, Inc.
Action: Withdrawn

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Puerto Rico AAA Portfolio Target MAturity Fund, Inc.

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