S & P study suggests EU structured finance shows strong performance

15 January 2004
Standard & Poor's European Structured Finance Ratings group's fourth transition study, which was published today suggests that the ratings showed strong performance in 2003 and maintained stability across most asset classes.

Simon Collingridge, director of European surveillance at Standard & Poor's Structured Finance Ratings group in London said: 'Overall, of the 1,852 credit ratings outstanding at the start of the year, 91.3 per cent remained stable or were raised, while only 8.7 per cent were lowered.'