Moody's affirms Merrill at A2/stable on sale of CDOs, equity raise - Rating Action - 2008/07/28 - Moody's Global Credit Research

Report title: Moody's affirms Merrill at A2/stable on sale of CDOs, equity raise

from Moody's Global Credit Research
1120 word report published Jul 28, 2008

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Global Credit Research Rating Action 28 JUL 2008 Rating Action: Merrill Lynch International Bank Moody's affirms Merrill at A2/stable on sale of CDOs, equity raise New York, July 28, 2008 -- Moody's Investors Service affirmed the A2...

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Rating Action

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Merrill Lynch & Co., Inc.; Merrill Lynch Bank & Trust Company; Merrill Lynch Bank USA; ...

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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