|
|
Article: S&P Assigns Preliminary Ratings to Shinsei Bank's CLO Deal.
- Article from:
- PR Newswire
- Article date:
- February 15, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
TOKYO -- Standard & Poor's today assigned its preliminary ratings to Shinsei Funding Two Special Purpose Co.'s Series 2002-1 class A notes and Series 2002-2 class A notes. The notes are ultimately backed by a pool of loans to large and midsize corporations and municipalities in Japan originated or purchased by Shinsei Bank Ltd.
The preliminary ratings are based on portfolio information as of Dec. 31, 2001 and all other information as of Feb. 11, 2002. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings address the full and timely payment of interest and the ultimate full ...