Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+' - S&P Global Ratings’ Credit Research

Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+'

Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+' - S&P Global Ratings’ Credit Research
Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+'
Published Nov 07, 2007
Published Nov 07, 2007
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About This Report

  
Abstract:

LONDON (Standard&Poor's) Nov. 7, 2007--Standard&Poor's Ratings Services said today it assigned its 'BB+' long-term senior secured debt ratings to each of the following notes issued by Blue Fin Ltd. under Allianz SE's (AA/Stable/A-1+) newly established shelf program: -- €155,000,000 Series 1 Class A Principal At-Risk Floating-Rate Notes due April 10, 2012; -- $65,000,000 Series 1 Class B Principal At-Risk Floating-Rate Notes due April 10, 2012. These are the first issuance under the newly established €1 billion principal at-risk floating-rate note program. The transaction closed on Nov. 7, 2007, at which time ratings were assigned to the floating-rate notes. Blue Fin is a special-purpose Cayman Islands-exempted company whose ordinary shares are held in charitable trust. It issued

  
Report Type:

Ratings Action

Ticker
ALV@GR
Issuer
GICS
Multi-line Insurance (40301030)
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

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MLA:
S&P Global Ratings’ Credit Research. "Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+'" Nov 07, 2007. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Allianz-SE-s-European-Windstorm-Catastrophe-Bonds-Rated-BB-611862>
  
APA:
S&P Global Ratings’ Credit Research. (). Allianz SE's European Windstorm Catastrophe Bonds Rated 'BB+' Nov 07, 2007. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Allianz-SE-s-European-Windstorm-Catastrophe-Bonds-Rated-BB-611862>
  
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