Printer Friendly

S&PCORRECT- 6 ABCP Trans Afmd;Total $1.07 Bil Fin Lmt.

Business Editors

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

Nov. 27, 2002-- (Editor's note: In the press release published Nov. 26, 2002, the rating on Black Forest Funding Corp. was incorrectly listed as affirmed. A corrected version follows.)

Standard & Poor's Ratings Services affirmed its ratings on four ABCP multiseller conduits, for the period of Nov. 18, 2002, to Nov. 22, 2002 (see list).

These affirmations are based on Standard & Poor's review of six transactions. Financing limits for these transactions totaled $1.07 billion. The commercial paper issued by the conduits was backed by loans, consumer loans, custody receipts, automobile leases, and aircraft receivables.


(Program administrator) Rtg Limit Ind. of
 (mil. $) recs originator
Eiffel Funding LLC
(CDC Financial Products Inc.) A-1 275.0 Financial

Beethoven Funding Corp.
(Dresdner Bank AG) A-1 260.0 Financial

Atlantic Asset Securitization Corp.
(Credit Lyonnais) A-1 233.4 Airline

Liberty Street Funding Corp.
(Bank of Nova Scotia) A-1 100.0 Car Rental

Liberty Street Funding Corp.
(Bank of Nova Scotia) A-1 100.0 Car Rental

Liberty Street Funding Corp.
(Bank of Nova Scotia) A-1 100.0 Car Rental

Copyright 2002, Standard & Poor's Ratings Services
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 27, 2002
Previous Article:Fitch Affs CTC's -- Chile -- Rtgs At 'BBB+'.
Next Article:Ecolab Enters UK Hospital Hygiene Market.

Related Articles
Loan impairment subject of FASB proposal.
Was eight good enough?
S&P Afms 7 ABCP Transactns; Total $1.08 Bil Fin Lmt.
Fitch: ABCP New Asset Activity Remains Impacted by FIN 46.
S&PCORRECT:S&P Afm 3 ABCP Trans;Total $300mil Fin Lmt.
Fitch: U.S. ABCP Outstandings Rise to $737.8B; New FIN 46 Compliant Vehicle Enters Market.
Fitch: U.S. ABCP Outstandings Fell to $719.8B; Conduit Solutions to FIN 46.
Fitch: ABCP Market Perseveres Despite Many Challenges.
November 2004 update to the Commercial Bank Examination Manual.
December 2004 update to the Bank Holding Company Supervision Manual.

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters