• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Preliminary 'AAA' Rating Assigned To JHF?s ¥60.2 Billion Series 12 Structured Issuance Mar 08 Product Image

Preliminary 'AAA' Rating Assigned To JHF?s ¥60.2 Billion Series 12 Structured Issuance Mar 08

  • Published: March 2008
  • Standard & Poors

Abstract
TOKYO (Standard & Poor's) March 17, 2008--Standard & Poor's Ratings Services today assigned its preliminary 'AAA' rating to Japan Housing Finance Agency's (JHF) ¥60.2 billion Series 12 fixed-rate residential mortgage-secured pass-through notes. The notes are ultimately secured by a pool of residential mortgage loans originated by JHF. The preliminary rating is based on information as of March 17, 2008. Subsequent information may result in the assignment of a final rating that differs from the preliminary rating. A final rating will be assigned after the amount and exact terms of the notes are finalized and a full rating analysis is completed, including a satisfactory review of the final pool, cash flow modeling, final structure, transaction documents, and legal and tax opinions....

Companies mentioned in this report are:
- Japan Housing Finance Agency

Action: Preliminary Rating

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 READ MORE >

- Japan Housing Finance Agency

Note: Product cover images may vary from those shown

RELATED PRODUCTS