S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes - S&P Global Ratings’ Credit Research

S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes

S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes - S&P Global Ratings’ Credit Research
S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes
Published Jan 26, 2011
1036 words — Published Jan 26, 2011
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Abstract:

OVERVIEW On Dec. 31, 2010, we withdrew the 'AAA (sf)' and 'BBB (sf)' ratings on Trafigura Securitisation Finance's variable-rate CP funded senior and junior notes, respectively, due to an IT system error. We have now corrected this error and reinstated the 'AAA (sf)' rating on the senior notes and the 'BBB (sf)' ratings on the junior notes. Trafigura Securitisation Finance is a U.K. ABS transaction LONDON (Standard&Poor's) Jan. 26, 2011--Standard&Poor's Ratings Services today reinstated its credit ratings on Trafigura Securitisation Finance PLC's senior and junior variable-rate commercial paper funded notes (see list below). We withdrew these ratings on Dec. 31, 2010, due to an IT system error. Trafigura Securitisation Finance is a U.K. asset-backed securities (ABS)

  
Brief Excerpt:

RESEARCH S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes Publication date: 26-Jan-2011 Primary Credit Analyst: Thomas Cho, London (44) 207-176-3896; Thomas_Cho@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Europe, Middle East, Africa
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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 Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes" Jan 26, 2011. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Error-By-Reinstating-Its-Ratings-On-Trafigura-Securitisation-Finance-s-Variable-Rate-Funding-Notes-844891>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Error By Reinstating Its Ratings On Trafigura Securitisation Finance's Variable-Rate Funding Notes Jan 26, 2011. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Error-By-Reinstating-Its-Ratings-On-Trafigura-Securitisation-Finance-s-Variable-Rate-Funding-Notes-844891>
  
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