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Article: S&P Asgns Gloucester Crdt Cd Tr Ser 2003-1 Prlim Rtgs.
- Article from:
- Business Wire
- Article date:
- May 6, 2003
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Business Editors
NEW YORK--(BUSINESS WIRE)--May 6, 2003
Standard & Poor's Ratings Services today assigned its preliminary ratings to Gloucester Credit Card Trust's C$350 million fixed-rate asset-backed notes series 2003-1 (see list).
The preliminary ratings are based on information as of May 6, 2003. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings.
The preliminary ratings reflect sufficient credit enhancement protection for the notes at their respective levels. The preliminary ratings also reflect assessment of the credit risk associated with the overall quality of the ...