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Ratings On Eight ABCP Transactions Affirmed; $1.58 Billion Total Financing Limit Aug 02 Product Image

Ratings On Eight ABCP Transactions Affirmed; $1.58 Billion Total Financing Limit Aug 02

  • Published: August 2002
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) Aug. 6, 2002--Standard & Poor's Ratings Services affirmed its ratings on seven asset-backed commercial paper (ABCP) multiseller conduits, for the period of July 22 to July 31, 2002 (see list). These rating actions are based on Standard & Poor's review of eight transactions. Financing limits for these transactions totaled $1.58 billion. The commercial paper issued by the conduits was backed by consumer installment loans, certificates of credit-linked deposit, credit card receivables, home mortgage loans, trade receivables, residential mortgage-backed securities, insurance premium loans, and health care receivables. ABCP RATING AFFIRMATION COMPILATION, JULY 22 TO JULY 31, 2002 Conduit (Program administrator) Rtg Limit Ind. of recs (mil. $) originator Neptune Funding Corp. (Rabobank Nederland) A-1 505 Financial...

Companies mentioned in this report are: Atlantic Asset Securitization LLC,Fairway Finance Company LLC
Action: Affirmed

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Atlantic Asset Securitization LLC,Fairway Finance Company LLC

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