Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn - S&P Global Ratings’ Credit Research

Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn

Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn - S&P Global Ratings’ Credit Research
Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn
Published Aug 21, 2015
5 pages (2589 words) — Published Aug 21, 2015
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (Standard&Poor's) Aug. 21, 2015--Standard&Poor's Ratings Services lowered the short-term component of its ratings on 13 Barclays Capital Inc. floater certificates to 'A-2' from 'A-1'. At the same time, Standard&Poor's lowered the long-term component of its rating on Barclays Capital Inc.'s series 2013-14WE floating-rate trust receipts, relating to New Jersey Health Care Facilities Financing Authority's (University Hospital) series 2013A bond anticipation notes, to 'A-' from 'A'. The short-term component of the rating on the 2013-14WE receipts remains at 'A-2 (sf)'. These ratings are also removed from CreditWatch, where they were placed with negative implications on Feb. 25, 2015. Finally, Standard&Poor's withdrew its ratings on 51 additional Barclays Capital Inc. floater certificates,

  
Brief Excerpt:

...NEW YORK (Standard & Poor's) Aug. 21, 2015--Standard & Poor's Ratings Services lowered the short-term component of its ratings on 13 Barclays Capital Inc. floater certificates to 'A-2' from 'A-1'. At the same time, Standard & Poor's lowered the long-term component of its rating on Barclays Capital Inc.'s series 2013-14WE floating-rate trust receipts, relating to New Jersey Health Care Facilities Financing Authority's (University Hospital) series 2013A bond anticipation notes, to 'A-' from 'A'. The short-term component of the rating on the 2013-14WE receipts remains at 'A-2 (sf)'. These ratings are also removed from CreditWatch, where they were placed with negative implications on Feb. 25, 2015. Finally, Standard & Poor's withdrew its ratings on 51 additional Barclays Capital Inc. floater certificates, in response to the issuer's request. The 'A-2' short-term component of the ratings reflects individual enhancements for the issues in the form of liquidity facilities from Barclays Bank PLC....

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, 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. "Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn" Aug 21, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Short-Term-Rating-On-13-Barclays-Capital-Inc-Certificates-Lowered-To-A-2-Off-Watch-51-Additional-Ratings-Withdrawn-1438454>
  
APA:
S&P Global Ratings’ Credit Research. (). Short-Term Rating On 13 Barclays Capital Inc. Certificates Lowered To 'A-2'; Off Watch; 51 Additional Ratings Withdrawn Aug 21, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Short-Term-Rating-On-13-Barclays-Capital-Inc-Certificates-Lowered-To-A-2-Off-Watch-51-Additional-Ratings-Withdrawn-1438454>
  
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