Puerto Rico AAA Portfolio Target Maturity Fund 2004 Se Rating Withdrawn Following Paydown Dec 11
- ID: 2034936
- December 2011
- Region: Puerto Rico
- Standard & Poors
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.
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