Ratings On 127 USPF Issues Placed On CreditWatch Negative Following Similar Action On Barclays Bank PLC

NEW YORK (Standard&Poor's) Feb. 25, 2015--Standard&Poor's Ratings Services placed its ratings on 127 Barclays Bank PLC letter of credit-, liquidity-, and guarantee-backed U.S. Public Finance issues on CreditWatch with negative implications. This action follows Standard&Poor's placement of Barclays Bank PLC on CreditWatch with negative implications on Feb. 3, 2015. For additional information, see, "S&P Takes Various Rating Actions On Certain U.K., German, Austrian, And Swiss Banks Following Government Support Review", published Feb. 3, 2015, on RatingsDirect. STANDARD&POOR's 17g-7 DISCLOSURE REPORT SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and

...NEW YORK (Standard & Poor's) Feb. 25, 2015--Standard & Poor's Ratings Services placed its ratings on 127 Barclays Bank PLC letter of credit-, liquidity-, and guarantee-backed U.S. Public Finance issues on CreditWatch with negative implications. This action follows Standard & Poor's placement of Barclays Bank PLC on CreditWatch with negative implications on Feb. 3, 2015. For additional information, see, "S&P Takes Various Rating Actions On Certain U.K., German, Austrian, And Swiss Banks Following Government Support Review", published Feb. 3, 2015, on RatingsDirect. STANDARD & POOR's 17g-7 DISCLOSURE REPORT SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the representations, warranties and enforcement mechanisms in issuances of similar securities. There...

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