Press Release: Standard & Poor's
March 27, 2001
NEW YORK, NY -- Standard & Poor's affirmed its 'A-1' rating on the commercial paper notes of Liberty Street
Funding Corp. (Liberty Street).
The rating action follows Liberty Street's purchase of a $62 million pool of timeshare loans.
The rating on Liberty Street's commercial paper program is based on liquidity support from liquidity providers
with short-term ratings commensurate with Liberty Street's 'A-1' rating and sufficient pool-specific credit enhancement.
Liberty Street is a multiseller, partially enhanced asset-backed commercial paper conduit administered by The Bank
of Nova Scotia (single-'A'-plus/Stable/'A-1'), Standard & Poor's said. -- CreditWire
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