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S&P Asgns SATURNS CSFB USA Deb Bkd 2002-10 Units Rtgs.

Business Editors

NEW YORK--(BUSINESS WIRE)--Standard & Poor's

Aug. 20, 2002-- Standard & Poor's Rating Services today assigned its double-'A'-minus rating to Structured Asset Trust Unit Repackagings (SATURNS) CSFB USA Debenture Backed Series 2002-10's $33.25 million 7.0% class A callable units and 0.083% interest-only class B units.

The ratings reflect the credit quality of the underlying assets, $33.25 million CSFB USA 7.125% debentures issued by Credit Suisse First Boston (USA) Inc. due July 15, 2032 (double-'A'-minus), and address the likelihood of the trust making payments on the units as required under the trust agreement.

The ratings do not address the likelihood that the issuer of the underlying assets will continue to file periodic reports as required under the Securities Exchange Act of 1934, as amended.

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Publication:Business Wire
Date:Aug 20, 2002
Words:135
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