Brazilian Securities Companhia De Securitizacao 289th Series Real Estate Certificates Preliminary Ratings Withdrawn

Stocks and Financial Services Press Releases Thursday June 27, 2013 08:51
SAO PAULO--27 Jun--Standard & Poor's
OVERVIEW
  • Brazilian Securities Companhia de Securitizacao's first issuance/289th series real estate certificate issuance is a repackaged pass-through security whereby all cash flows are derived from the underlying debenture issued by Rede D'Or Sao Luis S.A.
  • We affirmed and then withdrew our preliminary 'BB- (sf)' global scale and 'brA- (sf)' Brazilian National Scale ratings on the first issuance/289th series certificates.

SAO PAULO (Standard & Poor's) June 26, 2013--Standard & Poor's Ratings Services today affirmed and subsequently withdrew its preliminary 'BB- (sf)' global scale and 'brA- (sf)' Brazilian National Scale ratings on Brazilian Securities Companhia de Securitizacao's first issuance/ 289th series real estate certificates following the issuer's request because the certificates were not sold.


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