Ratings On Marac Finance Ltd. Withdrawn At Issuer?s Request Feb 12

Standard & Poors, February 2012

Abstract
SYDNEY (Standard & Poor's) Feb. 7, 2012--Standard & Poor's Ratings Services said today that it has affirmed its 'BBB-/A-3' issuer credit rating on Marac Finance. Ltd. and subsequently withdrawn the ratings at the request of Marac Finance Ltd.'s 100% parent entity, Heartland Building Society Ltd....

Companies mentioned in this report are: MARAC Finance Ltd.,Heartland Building Society
Action: Withdrawn

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
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

MARAC Finance Ltd.,Heartland Building Society

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