S&P Afms 4 ABCP Transactions; Total $1.05 Bil Fin Lmt.Business Editors NEW YORK--(BUSINESS WIRE)--July 2, 2003 Standard & Poor's Ratings Services Ratings Service A company, such as Moody's or Standard & Poor's, that rates various debt and preferred stock issues for safety of payment of principal, interest, or dividends. affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. its ratings on four ABCP ABCP Asset-Backed Commercial Paper ABCP Associação Brasileira de Cimento Portland (Brazil) ABCP Associação Brasileira de Ciência Política ABCP American Board of Cardiovascular Perfusion ABCP Associate Business Continuity Planner multiseller conduits for the period of June June: see month. 23, 2003, to June 27, 2003 (see list). These affirmations are based on Standard & Poor's review of four transactions. Financing limits for these transactions totaled $1.05 billion. The CP issued by the conduits was backed by equipment leases, trade receivables Receivables An asset designation applicable to all debts, unsettled transactions or other monetary obligations owed to a company by its debtors or customers. Receivables are recorded by a company's accountants and reported on the balance sheet, and they and include all debts owed , and credit card receivables.
ABCP RATING AFFIRMATION COMPILATION, June 23 to June 27, 2003
Conduit
(Program administrator) Rtg Limit Ind. of
(mil. $) recs originator
Starbird Funding Corp.
(BNP Paribas) A-1 500 Financial
Thunder Bay Funding Corp.
(Royal Bank of Canada) A-1 250 Oil and gas
Three Pillars Funding Corp.
(SunTrust Capital Markets Inc.) A-1 200 Oil and gas
Paradigm Funding LLC
(WestLB AG) A-1 100 Oil and gas
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