S&P Places Kestrel SIV On Negative Watch

10 Sep 2007

Standard & Poor’s has placed ratings on commercial paper, medium-term notes, and income notes issued by Kestrel Funding, a WestLB-sponsored structured investment vehicle, on credit watch with negative implications.

—Hugh Leask

Standard & Poor’s has placed ratings on commercial paper, medium-term notes, and income notes issued by Kestrel Funding, a WestLB-sponsored structured investment vehicle, on credit watch with negative implications. Kestrel Funding U.S. LLC, a co-issuer, was also placed on credit watch negative. Altogether, around $50 billion ...

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