NEW YORK (S&P Global Ratings) May 24, 2016--S&P Global Ratings took various rating actions on 565 ratings following the release of its updated Methodology and Assumptions for Rating Jointly Supported Financial Obligations criteria (see list). S&P Global Ratings affirmed the ratings on 119 issues, lowered ratings on 431 issues, lowered and removed from Creditwatch with positive implications the ratings on two issues, and lowered and placed on Creditwatch with positive implications the ratings on 13 issues. The rating actions result from revisions to the criteria, including the updated maximum potential joint-support rating outcomes correlation tables. RELATED CRITERIA AND RESEARCH Related Criteria Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015 General Criteria: Methodology And Assumptions
