S&P Assigns Marble Finance Ltd Zero Coupon Notes Rtg.Business Editors Standard & Poor's assigned its triple-'B'-plus rating to Marble Finance Ltd.'s EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 23.8 million zero coupon notes series 2002-1. The rating reflects the credit quality of the underlying securities, EUR23.8 million France Telecom 4.0% exchangeable bonds due Nov. 29, 2005 (triple-'B'-plus) and the equity warrant guarantor, Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Holding Inc. (single-'A'). The rating addresses the likelihood of Marble Finance making payments as required under the pricing supplement. Marble Finance is a special-purpose company organized under the laws of the Cayman Islands Cayman Islands (kā`mən), British dependency (2005 est. pop. 44,300), 100 sq mi (259 sq km), comprising three islands in the West Indies. . It is a US$5 billion multiuse program established in August 2000 for the issuance of limited recourse Limited recourse A term describing a type of loan in which the lender has limited or no claim against the parent company if the collateral is insufficient to repay the debt. See:Nonrecourse. obligations. Copyright 2002, Standard & Poor's Ratings Services |
|

Printer friendly
Cite/link
Email
Feedback
Reader Opinion