- Language: English
- Published: February 2012
[NSP] Ocean Series 2011-3 Beneficial Interests And Trust ABL Assigned Ratings Feb 12
- ID: 2054948
- February 2012
- Standard & Poors
OVERVIEW Ocean Series 2011-3 beneficial interests is an ABS securitization backed by a pool of credit card receivables, and Ocean Series 2011-3 trust ABL is backed by the Ocean Series 2011-3 beneficial interests. The ratings reflect our view of the credit quality of the underlying assets, the transaction's structure, pool characteristics, credit support, legal risks, and other factors. We have assigned our 'AAA (sf)' rating to the Ocean Series 2011-3 beneficial interests, and our 'AAA' rating to the Ocean Series 2011-3 trust ABL. TOKYO (Standard & Poor's) Feb. 10, 2012--Nippon Standard & Poor's K.K. (NSP) today said that it has assigned its 'AAA (sf)' rating to the fixed-rate Ocean Series 2011-3 beneficial interests asset-backed securities (ABS) securitization, and its 'AAA'...
Companies mentioned in this report are: Ocean Series 2011-3 beneficial interests,Ocean Series 2011-3 Trust ABL
Action: New Rating
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Research type: News
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Ocean Series 2011-3 beneficial interests,Ocean Series 2011-3 Trust ABL