Article: S&P Affirms Rating on Black Forest Funding Corp. CP.

NEW YORK, May 24 /PRNewswire/ --

Standard & Poor's today affirmed its 'A-1' rating on the commercial paper notes of Black Forest Funding Corp.

The rating action follows the assignment of two loans with two individual credit card master trusts to Black Forest. These two loans are equal to US$56 million and US$52.5 million, respectively.

The rating on Black Forest's commercial paper ...

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