Ratings on 4 ABCP Conduits Affirmed Based on 7 Transactions;$1.81 Bil Total Financing Limit Feb 04
- ID: 2040824
- February 2004
- Standard & Poors
NEW YORK (Standard & Poor's) Feb. 19, 2004--Standard & Poor's Ratings Services affirmed its ratings on four ABCP multiseller conduits for the period of Jan. 19, 2004, to Feb. 13, 2004 (see list). These affirmations are based on Standard & Poor's review of seven transactions. Financing limits for these transactions totaled $1.81 billion. The CP issued by the conduits was backed by credit card receivables, capital calls, and CDOs. ABCP RATING AFFIRMATION COMPILATION, Jan. 19, 2004, to Feb. 13, 2004 Conduit Rtg Limit Industry of (Program administrator) (mil. $) recs originator Old Line Funding LLC (Royal Bank of Canada) A-1+ 500.0 Financial Old Line Funding LLC (Royal Bank of Canada) A-1+ 185.9 Financial Starbird Funding Corp. (BNP Paribas) A-1 900.0...
Companies mentioned in this report are: Old Line Funding LLC,Atlantic Asset Securitization LLC,Starbird Funding Corp.,Thunder Bay Funding LLC
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