Cat bond downgrades on revised S&P criteria
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Cat bond downgrades on revised S&P criteria

21 July 2009
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Ratings agency Standard & Poor's (S&P) has downgraded six cat bonds and placed a further four on CreditWatch with negative implications in a move which stems from a hardening of its rating criteria last year.

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Topics

AnalysisCatastrophe bondsJuly 2009/1
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