S&P Issues Policy on UCC's Article 9 Security Interests

Hume, Lynn
January 2002
Bond Buyer;1/18/2002, Vol. 339 Issue 31307, p1
Trade Publication
Reports that Standard & Poor's Corp. has warned that its credit ratings for certain municipal securities issues may be affected by changes to Article 9 of the Uniform Commercial Code that cover security interests. Impact of changes on the credit policies of other companies; Concerns of Moody's Investors Service Inc. for the changes; Comments from several industry analysts on the issue.


Related Articles

  • Government dream team seeks improved credit rating. Ruano, Lida Estela // Caribbean Business;4/26/2001, Vol. 29 Issue 17, p8 

    Reports on the scheduled formal presentations by Puerto Rico's top economic team to New York credit rating agencies with the goal of seeking improved credit ratings for Puerto Rico. Separate sessions with Standard & Poor's, Moody's Investors Service; Presentations preceding a general obligation...

  • News In Brief: Moody's, S&P Like Saco, Me. Barnett, Chip // Bond Buyer;1/8/2002, Vol. 339 Issue 31299, p2 

    Reports that the credit rating company Moody's Investors Service Inc. has upgraded Saco, Maine's $16.63 million of general obligation (GOs) bonds on January 7, 2002. Reasons cited for the upgrade; Rating assigned to the city's $5.94 million of GOs; City's revised ratings by U.S.-based Standard...

  • Ratings Put The Squeeze On Cash. Elliott, Heidi // Electronic News;10/14/2002, Vol. 48 Issue 42, p1 

    Reports on the decision of Moody's Investor Services and Standard & Poor's (S & P) Rating Services to lower their corporate credit ratings for Avnet Inc. and Arrow Electronics Inc. Implication of lower credit ratings for a company; Reason why companies anticipated credit downgrades; Expectation...

  • Chemical Industry Credit Quality Deteriorates in Current Downturn. Chang, Joseph // Chemical Market Reporter;8/20/2001, Vol. 260 Issue 8, p1 

    Reports on the downgrading of credit ratings for the chemical industry due to protracted market downturn in 2001. Chemical companies that declared bankruptcy; Causes of debts of chemical companies; Credit ratings given by Standard & Poor's and Moody's Investors Service to companies.

  • Seattle Trade Center Project's long, winding road nears end. Monsarrat, Sean // Bond Buyer;07/23/99, Vol. 329 Issue 30689, p26 

    Reports that Washington State will sell up to $185 million of high-grade certificates of participation on July 27, 1999, to expand the Washington State Convention and Trade center in downtown Seattle. Moody's Investors Service's rating of the debt offering; Obstacles to the project; State...

  • MIDWEST Bond-Watch. Shields, Yvette; Carvlin, Elizabeth // Bond Buyer;6/18/2003, Vol. 344 Issue 31659, p31 

    This article highlights various developments in the securities industry of states in the Middle West as of June 18, 2003. Moody's Investors Service Inc. has affirmed its A3 rating on Loyola University of Chicago in Illinois and its A1 rating on the Art Institute of Chicago's debt, in...

  • Moody's assigns aaa to FSA international. Selway, William // Bond Buyer;11/05/98, Vol. 326 Issue 30515, p2 

    Announces the assignment of an Aaa financial strength rating to Financial Security Assurance International (FSAI) Ltd. by Moody's Investors Service. Background on FSAI.

  • Florida Land Preservation Program Gets Ratings Lift. Sigo, Shelly // Bond Buyer;06/04/2001, Vol. 336 Issue 31152, p41 

    Reports that the Florida Forever revenue bonds of the state's environmental land acquisition program has received an AA-minus rating from Standard & Poor's, an A-plus rating from Fitch IBCA and an A1 from Moody's Investors Service. Expected sale date of the bonds; Use of the bond proceeds to...

  • Insurer Covers 'Political Risk'  // Mortgage Servicing News;Nov2002, Vol. 6 Issue 9, p26 

    Reports that Sovereign Risk Insurance Ltd. has completed a political risk insurance policy that supports a groundbreaking 49.7 million dollar securitization of residential, mortgage-backed bonds in Costa Rica. Private financial institutions in Costa Rica for whom the transaction was the first...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics