SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch - S&P Global Ratings’ Credit Research

SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch

SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch - S&P Global Ratings’ Credit Research
SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch
Published Oct 01, 2003
Published Oct 01, 2003
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Abstract:

NEW YORK (Standard & Poor's) Oct. 1, 2003--Standard & Poor's Ratings Services today affirmed its 'BBB' rating on Structured Asset Trust Unit Repackings (SATURNS) Altria Group Inc. Debenture Backed Series 2003-9's $51,555,000 7.125% callable class A units and 0.60366% interest-only callable class B units and removed them from CreditWatch with negative implications, where they were placed June 5, 2003(see list). The rating actions and CreditWatch removals follow the affirmation of the senior unsecured debt rating on Altria Group Inc., and its removal from CreditWatch with negative implications. The ratings on Structured Asset Trust Unit Repackings (SATURNS) Altria Group Inc. Debenture Backed Series 2003-9, a synthetic transaction, are weak-linked to the underlying collateral, Altria Group Inc.'s senior unsecured debt. A copy

  
Report Type:

News

Issuer
Sector
Asset-Backed Securities, Consumer Products, Corporations, Global Issuers, Structured Finance
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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. "SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch" Oct 01, 2003. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/SATURNS-Altria-Group-Inc-Debenture-Backed-Series-2003-9-Ratings-Affirmed-Off-Watch-336778>
  
APA:
S&P Global Ratings’ Credit Research. (). SATURNS Altria Group Inc. Debenture Backed Series 2003-9 Ratings Affirmed, Off Watch Oct 01, 2003. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/SATURNS-Altria-Group-Inc-Debenture-Backed-Series-2003-9-Ratings-Affirmed-Off-Watch-336778>
  
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