Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds

Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds
Published Apr 18, 2012
2838 words — Published Apr 18, 2012
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Abstract:

Standard&Poor's Ratings Services affirmed its ratings on various Eclipse Funding LLC issues. The expiration date of the liquidity provided by U.S. Bank N.A. has been extended to April 5, 2013. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the representations, warranties and enforcement mechanisms in issuances of similar securities. The Rule applies to in-scope securities initially rated (including preliminary ratings) on or after Sept. 26, 2011. If applicable, the Standard&Poor's 17g-7 Disclosure Report included in this credit rating report

  
Brief Excerpt:

RESEARCH Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds Publication date: 18-Apr-2012 Primary Credit Analyst: Dare Branch, Chicago (1) 312-233-7034; dare_branch@standardandpoors.com Secondary Contact: Santos Souffront,...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds" Apr 18, 2012. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eclipse-Funding-LLC-Tender-Option-Certificates-Bonds-959025>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Eclipse Funding LLC; Tender Option Certificates/Bonds Apr 18, 2012. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eclipse-Funding-LLC-Tender-Option-Certificates-Bonds-959025>
  
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