Friday, July 20, 2007

S&P upgrades 16 CDO tranches, cuts 14 tranches

(Reuters) - The ratings affected 12 separate CDOs, with ratings ranging
from "AAA," the highest investment-grade ranking, to
"BBB-plus," the third-lowest investment grade.




S&P also affirmed its ratings on two CDO tranches.


Read more at Reuters.com Bonds News

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