Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating - Fitch Research

Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating

Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating - Fitch Research
Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating
Published Dec 10, 2004
20 pages (11830 words) — Published Dec 10, 2004
Price US$ 149.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...This transaction is the third synthetic securitisation of owner-occupied residential mortgage loans originated by Bank of Scotland Plc (BoS; A+/Negative) under the Halifax brand and Lloyds Bank Plc, secured over properties located in England, Wales and Scotland. The transaction is designed for risk-transfer purposes and includes loans selected with loan-to-values (LTVs ) higher than 85% and a high proportion of first-time buyers (FTBs; 70.1%). The note structure will consist of class A, B and Z credit-linked notes (CLNs), which represent the credit protection tranches....

  
Report Type:

Press Release

Company(ies)
Caja Rural de Navarra, Sociedad Cooperativa de Credito
Format:
HTML HTML
Buy Now

Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

About the Author


Cite this Report

  
MLA:
Fitch Research. "Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating" Dec 10, 2004. Alacra Store. May 13, 2025. <http://www.alacrastore.com/fitch-credit-research/Fitch-Downgrades-Spain-s-Rural-De-Navarra-s-Individual-Rating-To-B-C-Affirms-Long-term-Rating-141361_pr_frame>
  
APA:
Fitch Research. (). Fitch Downgrades Spain's Rural De Navarra's Individual Rating To 'B/C'; Affirms Long-term Rating Dec 10, 2004. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/fitch-credit-research/Fitch-Downgrades-Spain-s-Rural-De-Navarra-s-Individual-Rating-To-B-C-Affirms-Long-term-Rating-141361_pr_frame>
  
US$ 149.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.