...OVERVIEW + We have reviewed all outstanding rated notes issued by Trafigura Securitisation Finance using our revised approach to rating multijurisdictional structured finance transactions above the sovereign ratings. + Following our review, we have affirmed our ratings on all outstanding notes. + Trafigura Securitisation Finance is a multijurisdiction ABS transaction backed by commodity trade receivables originated by Trafigura Pte and Trafigura Trading. LONDON (S&P Global Ratings) Feb. 27, 2017--S&P Global Ratings today affirmed its credit ratings on all outstanding classes of notes issued by Trafigura Securitisation Finance PLC (Trafigura) (see list below). Upon revising our approach to rating multijurisdictional structured finance transactions above the sovereign ratings, we placed those ratings that could potentially be affected under criteria observation (see "Ratings Above The Sovereign - Structured Finance: Methodology And Assumptions," published on Aug. 8, 2016). Following our review,...
