Global Banking News-October 6, 2011--Sallie Mae completes issue of
asset backed commercial paper facility(C)2011 ENPublishing - http://www.
A credit guarantee for 5% of the value of the assets financed by the program is issued by the bank which sponsors the
asset backed commercial paper program.
These rating actions follow the completion of Fitch's periodic on-site review of the above mentioned
asset backed commercial paper programs sponsored by Citibank.
Canadian securities regulators have fined six banks and brokers for their part in selling
Asset Backed Commercial Paper (ABCP).
NEW YORK -- Fitch Ratings affirms the short-term ratings of the following Bank of Tokyo-Mitsubishi UFJ (BTMU; rated 'A+/F1' by Fitch) sponsored
asset backed commercial paper (ABCP) programs:
NEW YORK -- Fitch Ratings has withdrawn the 'F1' rating on the
asset backed commercial paper issued by Asset One Securitization, LLC.
The ABCP Scorecard is a publication that provides concise summaries and analysis of all
asset backed commercial paper vehicles rated by Fitch.
The four principals of CTA have extensive experience managing structured mortgage-backed and other asset-backed portfolios and
asset backed commercial paper (ABCP) arbitrage programs.
Standard & Poor's Ratings Services has refined its criteria related to liquidity providers for
asset backed commercial paper (ABCP) in Japan.
Fitch Ratings, the international rating agency, has assigned an 'F1+(zaf)' expected national rating to the
asset backed commercial paper (ABCP) issued by iNdwa Investments Limited (iNdwa).
Fitch rates Venus Funding Corporation's (Venus) $5 billion
asset backed commercial paper program 'F1'.
This CreditWire E-mail is a supplement to Standard & Poor's Print Products (BankRatings Service, Sovereign Ratings Service, Insurance Ratings Service, Structured Finance, and/or
Asset Backed Commercial Paper CD) published by Standard & Poor's, a Division of The McGraw-Hill Companies, Inc.
