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Summary: Ratings On Six Lloyds TSB Bank PLC LOC-Backed Issues Lowered To 'A-1'; Letter of Credit

Published Apr 07, 2009

509 words — Published Apr 07, 2009

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Abstract:

Standard&Poor's Ratings Services lowered its ratings on six Lloyds TSB Bank PLC letter of credit (LOC)-backed issues to 'A-1' from 'A-1+'. This action follows Standard&Poor's downgrade of Lloyds TSB Bank PLC to 'A+/A-1' from 'AA-/A-1+'.

Brief Excerpt:

RESEARCH Summary: Ratings On Six Lloyds TSB Bank PLC LOC-Backed Issues Lowered To 'A-1'; Letter of Credit Publication date: 07-Apr-2009 Primary Credit Analyst: Chi W Tang, New York (1) 212-438-7989; chi_tang@standardandpoors.com Secondary...

Report Type:

Summary

Issuer

Port of Oakland

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

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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. "Summary: Ratings On Six Lloyds TSB Bank PLC LOC-Backed Issues Lowered To 'A-1'; Letter of Credit" Apr 07, 2009. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-Six-Lloyds-TSB-Bank-PLC-LOC-Backed-Issues-Lowered-To-A-1-Letter-of-Credit-714306>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Ratings On Six Lloyds TSB Bank PLC LOC-Backed Issues Lowered To 'A-1'; Letter of Credit Apr 07, 2009. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-Six-Lloyds-TSB-Bank-PLC-LOC-Backed-Issues-Lowered-To-A-1-Letter-of-Credit-714306>

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