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Summary: Eclipse Funding LLC; Custodial Receipts; Joint Criteria Jan 13 Product Image

Summary: Eclipse Funding LLC; Custodial Receipts; Joint Criteria Jan 13

  • ID: 2377562
  • January 2013
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services confirmed its ratings on various Eclipse Funding LLC custodial receipts, due to the extension of the associated liquidities. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the representations, warranties and enforcement mechanisms in issuances of similar securities. There is no Standard & Poor's 17g-7 Disclosure Report included in this credit rating report because, in our view, there are no representations, warranties and enforcement mechanisms available to investors. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...

Companies mentioned in this report are:
- Eclipse Funding, LLC

Action: Affirmed

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