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Article: S&P Assigns Preliminary Ratings to Gloucester Credit Card 2000-1.
- Article from:
- PR Newswire
- Article date:
- June 27, 2000
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NEW YORK, June 27 /PRNewswire/ --
Standard & Poor's today assigned its preliminary ratings to Gloucester Credit Card Trust's C$400 million fixed-rate asset-backed notes series 2000-1.
The preliminary ratings are based on information as of June 27, 2000. 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 loan pool based on historical portfolio performance, MBNA ...