Research Update: Lehman Brothers Holdings Inc. Rating Lowered To 'D' - 2008/09/16 - S&P Credit Research

Report title: Research Update: Lehman Brothers Holdings Inc. Rating Lowered To 'D'

from S&P Credit Research
500 word report published Sep 16, 2008

Price $175.00 available for immediate download

Report Overview

Search Inside

About S&P Credit Research

Abstract:

On Sept. 16, 2008, Standard&Poor's Ratings Services changed its counterparty credit rating on Lehman Brothers Holdings Inc. (LBHI) to 'D' from 'SD'. We also lowered our senior and subordinated debt issue ratings on LBHI, and the ratings on certain issues guaranteed by LBHI to 'D'. These rating actions follow our review of LBHI's bankruptcy filings. We anticipate that LBHI will default on all or substantially all of its obligations as they become due. Downgraded To From Lehman Brothers Holdings Inc. Counterparty Credit Rating D/--/D SD/--/SD Downgraded; CreditWatch/Outlook Action To From Lehman Brothers Holdings Inc. Commercial Paper Local Currency D C/Watch Neg Lehman Brothers Holdings Inc. Senior Unsecured (1 issue) D C/Watch Neg Senior Unsecured (295 issues) D CCC-/Watch

Brief Excerpt:

RESEARCH Ratings Definitions Research Update: Lehman Brothers Holdings Inc. Rating Lowered To 'D' Publication date: 16-Sep-2008 Primary Credit Analyst: Scott Sprinzen, New York (1) 212-438-7812; scott_sprinzen@standardandpoors.com...

Report Type:

Research Update

Ticker:

LEH

Issuer:

Lehman Brothers Holdings Inc.

GICS:

Investment Banking & Brokerage (40203020)

Sector:

Asset-Backed Commercial Paper, Asset-Backed Securities, Collateralized Debt Obligations, Commercial MBS, Financial Institutions, Global Issuers, Insurance, Public Finance, Residential MBS, Structured Finance

Country:

United States

Region:

United States

Free Sample:

Click Here to Download

Format:

HTML

Enter the keyword(s) which you would like to search for within this document and click "Search"

S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

Also from S&P Credit Research

Lehman Brothers Holdings Inc. Downgraded To 'D' $100.00
NEW YORK (Standard&Poor's) Sept. 16, 2008--Standard&Poor's Ratings Services said today that it changed its counterparty credit rating on Lehman Brothers Holdings Inc. (LBHI) to 'D' from 'SD'. We also lowered our senior and subordinated debt ...
Research Update: Lehman Bros. Holdings Downgraded To 'Selective Default'; Other Lehman Entities To 'BB-' Or 'R' $175.00
On Sept. 15, 2008, Standard&Poor's Ratings Services lowered its long-term counterparty credit rating on Lehman Brothers Holdings Inc. (Lehman) to 'SD' (selective default, meaning payments may not be made on some financial obligations), from ...
Lehman Bros. Holdings Downgraded To 'Selective Default'; Other Lehman Entities To 'BB-' Or 'R' $100.00
NEW YORK (Standard&Poor's) Sept. 15, 2008--Standard&Poor's Ratings Services said today that it lowered its long-term counterparty credit rating on Lehman Brothers Holdings Inc. (Lehman) to 'SD' (selective default, meaning payments may not be ...
Lehman Brothers CreditWatch Revised To Developing After Reports Of Potential Sale Of Company $100.00
NEW YORK (Standard&Poor's) Sept. 12, 2008--Standard&Poor's Ratings Services said today that its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc. and ratings on all related ...
Research Update: Lehman Brothers CreditWatch Revised To Developing After Reports Of Potential Sale Of Company $175.00
On Sept. 12, 2008, Standard&Poor's Ratings Services said that its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc. and ratings on all related entities remain on CreditWatch, ...
Lehman Brothers Ratings Remain On Watch Negative After It Announces Third-Quarter Loss $100.00
NEW YORK (Standard&Poor's) Sept. 10, 2008--Standard&Poor's Ratings Services' said today that its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc., and ratings on all related ...
Research Update: Lehman Brothers Ratings Remain On Watch Negative After Announcement Of Third-Quarter Loss $175.00
On Sept. 10, 2008, Standard&Poor's Ratings Services said that its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc., and ratings on all related entities remained on CreditWatch, ...
Lehman Brothers Ratings On Watch Negative, On Capital-Raising Concerns $100.00
NEW YORK (Standard&Poor's) Sept. 9, 2008--Standard&Poor's Ratings Services said today that it placed its ratings, including the 'A' long-term and 'A-1' short-term counterparty credit ratings, on Lehman Brothers Holdings Inc., and ratings on ...

Price: $175.00

Free Sample

Questions about
this research?

Send page to a friend

Return to
Alacra Industry Snapshot

Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.