S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction - S&P Global Ratings’ Credit Research

S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction

S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction - S&P Global Ratings’ Credit Research
S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction
Published Oct 22, 2012
Published Oct 22, 2012
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Abstract:

OVERVIEW On Sept. 26, 2012, we withdrew our ratings on UniCredit Bank's Building Comfort 2008's classes A+ to E+ notes following their redemption. On this date, we also withdrew our rating on the class F notes at the issuer's request. Given our view of the likelihood of future losses in the pool as well as available credit enhancement, had we taken rating action on the class F notes immediately before the withdrawal, we would have affirmed our 'BB (sf)' rating on the class F notes. Building Comfort 2008 was a synthetic, partially funded German RMBS transaction issued by UniCredit Bank. FRANKFURT (Standard&Poor's) Oct. 22, 2012--Standard&Poor's Ratings Services today announced the withdrawal of its credit rating on

  
Report Type:

News

Ticker
HVM@GR
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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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. "S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction" Oct 22, 2012. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Announces-Withdrawal-Of-Class-F-Rating-In-UniCredit-Bank-s-Building-Comfort-2008-German-RMBS-Transaction-1027589>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Announces Withdrawal Of Class F Rating In UniCredit Bank's Building Comfort 2008 German RMBS Transaction Oct 22, 2012. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Announces-Withdrawal-Of-Class-F-Rating-In-UniCredit-Bank-s-Building-Comfort-2008-German-RMBS-Transaction-1027589>
  
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