S&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations - S&P Global Ratings’ Credit Research

S&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations

S&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations - S&P Global Ratings’ Credit Research
S&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations
Published Jun 24, 2009
Published Jun 24, 2009
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Abstract:

MADRID (Standard&Poor's) June 24, 2009—Standard&Poor's Ratings Services has today taken rating actions on five Spanish residential mortgage-backed securities (RMBS) transactions originated and serviced by Banco Santander S.A. (Santander; AA/Negative/A-1+). Specifically, we: -- Raised the ratings on the class B, C, and D notes issued by Fondo de Titulizacion de Activos Santander Hipotecario 1 (Santander 1); -- Placed on CreditWatch negative the class A notes and downgraded the class B, C, D and E notes issued by Fondo de Titulizacion de Activos Santander Hipotecario 2 (Santander 2), Fondo de Titulizacion de Activos Santander Hipotecario 3 (Santander 3), and Fondo de Titulizacion de Activos Santander Hipotecario 4 (Santander 4); and -- Placed the ratings on the class D

  
Report Type:

Ratings Action

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Europe, Middle East, Africa
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&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations" Jun 24, 2009. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Various-Rating-Actions-Taken-In-Five-Santander-Hipotecario-Securitizations-729666>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Various Rating Actions Taken In Five Santander Hipotecario Securitizations Jun 24, 2009. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Various-Rating-Actions-Taken-In-Five-Santander-Hipotecario-Securitizations-729666>
  
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