Standard & Poor’s Ratings Services affirmed its ratings on various synthetic transactions related to Aon Capital A, and removed them from CreditWatch with negative implications, where they were
placed on Nov. 4, 2002.
The rating actions follow the affirmation of Aon Corp.’s preferred stock rating on Nov. 8, 2002.
These synthetic securities are weak-linked to the underlying collateral
(Aon Capital A’s preferred stock), which is guaranteed by Aon Corp. The rating actions reflect the credit quality of the underlying securities issued by Aon Capital A.
Topics Aon
Was this article valuable?
Here are more articles you may enjoy.
Endless Shrimp Deal Was Scheme to Squeeze Red Lobster, Suit Says 
Viewpoint: Why Florida Property Insurance Rates Might (and Might Not) Keep Falling 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
