S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program - S&P Global Ratings’ Credit Research

S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program

S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program - S&P Global Ratings’ Credit Research
S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program
Published Nov 18, 2011
Published Nov 18, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW On Aug. 16, 2007, we erroneously assigned a 'A' rating to Helaba's €100 million public-sector covered bond issuance. At that time, we erroneously described the issuance on our Web site as senior unsecured debt. Today, we have corrected the description of and rating on the issuance with the ISIN DE000HLB0DH4 to "public-sector covered bond," and the rating to 'AAA/Stable'. FRANKFURT (Standard&Poor's) Nov. 18, 2011--Standard&Poor's Ratings Services has today corrected the description of and rating on one issuance of Landesbank Hessen Thueringen Girozentrale's (Helaba) public-sector covered bond program. We have corrected the description of the issuance with the ISIN DE000HLB0DH4 from "Senior unsecured note" (rated 'A') to "Public-sector covered bond" (rated 'AAA/Stable'). On Aug. 16, 2007,

  
Report Type:

Ratings Action

Ticker
2482Z@GR
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program" Nov 18, 2011. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Published-Description-And-Rating-For-One-Issuance-Of-Helaba-s-Public-Sector-Covered-Bond-Program-915601>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Published Description And Rating For One Issuance Of Helaba's Public-Sector Covered Bond Program Nov 18, 2011. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Published-Description-And-Rating-For-One-Issuance-Of-Helaba-s-Public-Sector-Covered-Bond-Program-915601>
  
US$ 150.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.