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S&P Affirms CP Rtg on Atlantic Asset Securit Corp. Oct 01
Standard & Poors, October 2001
NEW YORK (Standard & Poor's) Oct. 11, 2001--Standard & Poor's today affirmed its short-term 'A-1' rating on the commercial paper notes of Atlantic Asset Securitization Corp. (Atlantic). The rating action follows Atlantic's commitment to provide a $50 million facility to finance a pool of health care trade receivables. The rating on Atlantic's commercial paper program is based on liquidity support from liquidity providers with short-term ratings commensurate with the 'A-1' rating on Atlantic and sufficient pool-specific credit enhancement. Atlantic is a multiseller, partially enhanced asset-backed commercial paper conduit administered by Credit Lyonnais....
Companies mentioned in this report are: Atlantic Asset Securitization LLC,Credit Lyonnais
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
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Atlantic Asset Securitization LLC,Credit Lyonnais