| Title: | Stability Summary: Royal Utilities Income Fund 'SR-2' Stability Rating Withdrawn On Sherritt International Corp. Takeover |
| Price: | $200.00 |
| Publication Date: | May 06, 2008 |
| Report Type: | Commentary |
| Abstract: | On May 6, 2008, Standard&Poor's Ratings Services withdrew its 'SR-2' Canadian stability rating and moderate distribution profile assessment on Royal Utilities Income Fund following the fund's purchase by Sherritt International Corp. (not rated). The fund is now wholly owned by Sherritt and its units have been delisted from the Toronto Stock Exchange. Royal Utilities Income Fund Ratings Withdrawn To From Stability rating NR SR-2/Stable Distribution profile assessment NR Moderate NR--Not rated. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Credit |
| Brief Excerpt: | RESEARCH Ratings Definitions Stability Summary: Royal Utilities Income Fund 'SR-#' Stability Rating Withdrawn On Sherritt International Corp. Takeover Publication date: ##-May-#### Primary Stability Ratings Analyst: Jatinder Mall,... |
| Word Count: | 666 |
| Sector: | Global Issuers, Corporations, Metals & Mining |
| Format: | 
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