S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae - S&P Global Ratings’ Credit Research

S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae

S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae - S&P Global Ratings’ Credit Research
S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae
Published Mar 01, 2012
Published Mar 01, 2012
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Abstract:

NEW YORK (Standard&Poor's) March 1, 2012--Standard&Poor's Ratings Services today corrected the issuer names on $125 million 1.27% bonds due Jan. 18, 2017, and $1 billion 0.6% bonds due March 6, 2014, issued by Farm Credit System Banks and Fannie Mae, respectively. The bonds are rated 'AA+', and the outlook is negative. We had incorrectly attributed these two issues to the Federal Home Loan Banks (FHLB). The error was the result of the receipt of erroneous information about the obligor from the underwriter. RATINGS LIST Ratings Corrected Farm Credit System Banks $125 mil. 1.27% bonds due 2017 AA+/Negative Fannie Mae $1 bil. 0.6% bonds due 2014 AA+/Negative

  
Report Type:

News

Ticker
FNM
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Sector
Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae" Mar 01, 2012. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-The-Issuer-Names-On-Two-Debt-Issues-Of-Farm-Credit-System-Banks-And-Fannie-Mae-941111>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects The Issuer Names On Two Debt Issues Of Farm Credit System Banks And Fannie Mae Mar 01, 2012. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-The-Issuer-Names-On-Two-Debt-Issues-Of-Farm-Credit-System-Banks-And-Fannie-Mae-941111>
  
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