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Various Structured Finance Ratings Harmonized Oct 01
Standard & Poors, October 2001
TORONTO (Standard & Poor's) Oct. 31, 2001--Standard & Poor's today announced its harmonized ratings on Conduit for Mortgage Obligations Inc., Copelco Canada Equipment Trust II, and Mackenzie Income Trust (see list below). On Oct. 31, 2000, Standard & Poor's and the Canadian Bond Ratings Service (CBRS) announced that they have combined operations in Canada. A process is under way to harmonize all ratings assigned by CBRS with the Standard & Poor's framework, which includes the translation of all ratings onto the Standard & Poor's ratings scale. The ratings announced today are expressed on Standard & Poor's global ratings scale. Going forward, all new debt issue ratings on the issuers listed below will be based on the Standard & Poor's ratings...
Companies mentioned in this report are: Conduit for Mortgage Obligations Inc.
Action: New 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 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
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Conduit for Mortgage Obligations Inc.