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Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds Jan 13

  • ID: 2383692
  • January 2013
  • Standard & Poors
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Abstract
Standard & Poor's Ratings Services confirmed its 'AAA/A-1+' rating on various Eclipse Funding LLC solar certificates, 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

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, READ MORE >

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- Eclipse Funding, LLC

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Note: Product cover images may vary from those shown