Brother Finance (Netherlands) & (UK) on S&PWatch Neg.NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 6/10/98-- Standard & Poor's today placed its short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. 'A-1'-plus commercial paper ratings on Brother Finance (Netherlands Netherlands (nĕth`ərləndz), Du. Nederland or Koninkrijk der Nederlanden, officially Kingdom of the Netherlands, constitutional monarchy (2005 est. pop. 16,407,000), 15,963 sq mi (41,344 sq km), NW Europe. ) B.V. and Brother Finance (U.K.) PlC on CreditWatch with negative implications. This action follows the placement of the 'A-1'-plus short-term rating of Norinchukin Bank on CreditWatch with negative implications on June June: see month. 4, 1998. Norinchukin Bank guarantees the full and timely payment of both issuer's obligations on the commercial paper notes, Standard & Poor's said. -- CreditWire CONTACT: Gary Kochubka, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , 212/208-8323 For more information on criteria or subscriptions: http://www.ratings.standardpoor.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion