Copying and distributing are prohibited without permission of the publisher.


ECB deadline for second ratings approval to hit ABS

25 Feb 2011

Structured finance transaction sponsors are racing to line up a second assessment by the credit ratings agencies ahead of a March 1 deadline set by the European Central Bank for securities to meet repo-eligibility criteria. However, a large number of transactions could shortly become ineligible unless the ECB relaxes its deadline.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
25 Feb 2011