Resources
BNET Business Dictionary
- Commercial Paper
- an unsecured short-term loan note issued by companies and generally maturing within nine months
- Commercial Paper definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Altering Investment Decisions to Manage Financial Reporting Outcomes: Asset-Backed Commercial Paper Conduits and FIN 46
- This paper evaluates the manner in which sponsors of highly leveraged Asset-Backed Commercial Paper ABCP conduits responded to FASB Interpretation No. 46 (FIN 46) Consolidation of Variable Interest Entities an Interpretation of ARB No. 51. By matching commercial paper investors with corporations seeking liquidity, ABCP sponsors facilitate a significant amount...
- White papers 2005-03-01
- Corporate Debt Finance
- As with the sole proprietorship and partnership, corporate debt financing may take the form of trade credit or loans. Loans are usually obtained from a bank, although loans might also come from other persons including shareholders. The banks loans may be in the form of a revolving line of credit...
- White papers 2005-03-01
- Issues and recommendations regarding Commercial Paper settlement practices
- This article is related to commercial papers that are related to equity. The Bond Market Association and The Depository Trust & Clearing Corporation The Bond Market Association and The Depository Trust & Clearing Corporation are jointly issuing this Discussion Paper3 regarding the settlement of U.S. commercial paper CP and...
- White papers 2003-03-01
- Discussion Paper: Issues and Recommendations Regarding Commercial Paper Settlement Practices
- This Discussion Paper has been prepared as part of an extensive industry effort to improve the process for the clearance and settlement of MMI. To a considerable extent, this effort is a response to perceived concerns about levels of credit risk incurred by money market participants during the days following...
- White papers 2003-03-01
- Banks' Advantage in Hedging Liquidity Risk: Theory and Evidence from the Commercial Paper Market
- This paper argues that banks have a unique ability to hedge against market-wide liquidity shocks. Deposit inflows provide funding for loan demand shocks that follow declines in market liquidity. Consequently, one dimension of bank specialness' is that banks can insure firms against systematic declines in market liquidity at lower cost...
- White papers 2003-01-01
- Cultivating Sources Of Capital
- With dry patches in the commercial paper market after defaults by three issuers late last year, and with banks raising their credit standards in a suddenly soft economy, smart corporate borrowers are unearthing new funding sources for working capital. One spot of brightness is asset securitization. When one needs borrowed...
- White papers 2001-05-01
- Commercial Paper, Corporate Finance, and the Business Cycle
- High credit quality is a requirement for entry into the commercial paper market, but long-term credit quality bond rating is not a sufficient statistic for short-term quality. These characteristics allow firms to issuenear-riskless short-term debt and supply a near-money asset to themarket, thereby reducing their interest costs by the amount...
- White papers 2000-03-03
Additional Resources
- Fitch Downgrades CenturyTel's IDR to 'BBB-'; Outlook Stable
- CHICAGO -- Fitch Ratings has downgraded CenturyTel, Inc. (NYSE:CTL) CenturyTel as follows: --Long-Term Issuer Default Rating IDR to 'BBB-' from 'BBB'; --Senior unsecured revolving credit facility to 'BBB-' from 'BBB'; --Senior unsecured debt to 'BBB-' from 'BBB'; --Short-Term IDR to 'F3' from...
- Articles 2008-06-24
- AllFinancial Group LLC and Babcock & Brown Obtain $135 Million in Additional Financing for Life Settlement Joint Venture
- STAMFORD, Conn., June 24 /PRNewswire/ -- AllFinancial Group LLC and Babcock & Brown are pleased to announce that Life Trade Holdco LLC, their recently formed joint venture to capitalize on emerging opportunities in the life settlement market, has obtained a $135 million credit facility from Autobahn Funding Company, LLC,...
- Articles 2008-06-24
- Fitch Affirms Hubbell's IDR at 'A'; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed the ratings for Hubbell Incorporated (NYSE: HUB/B) as follows: --Issuer Default Rating IDR at 'A'; --Senior unsecured credit facilities at 'A'; --Senior unsecured debt at 'A'; --Short-Term IDR at 'F1'; --Commercial paper CP at...
- Articles 2008-06-23
- Fitch Withdraws Ratings of Windsor Funding Trust
- NEW YORK -- Fitch Ratings has withdrawn the 'F1+' rating for the secured liquidity notes and withdrawn the 'BBB' rating for the subordinated notes issued by Windsor Funding Trust, the asset-backed commercial paper ABCP program sponsored by Newcastle Investment Corp. The action follows the sponsor's decision to terminate...
- Articles 2008-06-23
- Fitch Rates Rockies Express $1.3 Billion Notes 'BBB'
- NEW YORK -- Fitch Ratings has assigned a 'BBB' rating to Rockies Express Pipeline LLC's REX offering of $1.3 billion senior unsecured notes senior notes. The senior notes are expected to be issued in three tranches, with maturities of 5, 10 and 30 years. REX's Issuer Default Rating IDR is...
- Articles 2008-06-23
- Too easily we forgive bad behavior
- The other day, a colleague at work said the best story in that day's edition of the paper was buried as a brief on Page A2. It described how television executives in Britain asked comedian Joan Rivers to leave their show during a commercial break. They were angry that she...
- Articles 2008-06-22
- OSFI Rule Changes Reflect Observations Made During ABCP Disruption
- The Office of the Superintendent of Financial Institutions OSFI is seeking comments on a draft advisory on the capital treatment of securitization exposures for Canadian Federally Regulated Entities FREs. "This draft advisory takes into account some observations made during the recent turmoil in Canadian and international securitization markets," said Superintendent...
- Articles 2008-06-19
- Fitch Rates Texas Public Finance Authority's $225MM GOs 'AA+'; Outlook Stable
- NEW YORK -- Fitch Ratings has assigned an 'AA+' rating to the Texas Public Finance Authority's the authority approximately $225,000,000 State of Texas the state general obligation GO and refunding bonds series 2008A. The bonds are expected through negotiation the week of July 7, 2008. Fitch has also affirmed the...
- Articles 2008-06-17
- Fitch Rates Thomson Reuters Proposed Notes 'A-'; Outlook Stable
- CHICAGO -- Fitch Ratings has assigned an 'A-' rating to Thomson Reuters Corp.'s TRI proposed benchmark-size senior unsecured notes due 2013 and 2018. Proceeds are expected to be used to reduce borrowings under the company's acquisition facility. The proposed debt is expected to be pari passu with other senior unsecured...
- Articles 2008-06-17
- Fitch Withdraws Ratings on International Paper
- NEW YORK -- Fitch Ratings has affirmed and simultaneously withdrawn the ratings on International Paper Company IP. Fitch will no longer provide analytical coverage on IP. The Rating Outlook on all ratings is Negative. Ratings affirmed and withdrawn: --Long-term Issuer Default Rating IDR 'BBB-'; ...
- Articles 2008-06-17
- Fitch Downgrades Tyson's IDR to 'BB+'; Outlook Negative
- CHICAGO -- Fitch Ratings has downgraded the ratings for Tyson Foods, Inc. Tyson(NYSE:TSN) and its subsidiaries as follows: Tyson --Issuer Default Rating IDR to 'BB+' from 'BBB-'; --Unsecured bank facility to 'BB+' from 'BBB-'; --6.85% 2016 senior unsecured notes to 'BB+' from...
- Articles 2008-06-17
- Fitch Affirms ExxonMobil's IDR at 'AAA'; Outlook Remains Stable
- CHICAGO -- Fitch Ratings has affirmed the following ratings of Exxon Mobil Corporation ExxonMobil: --Issuer Default Rating IDR at 'AAA'; --Senior Unsecured Debt at 'AAA'; --Commercial Paper at 'F1+'; --Short-Term IDR at 'F1+'; The Rating Outlook is Stable. ...
- Articles 2008-06-17
- Fitch Affirms Aon's Ratings; Outlook Stable
- CHICAGO -- Fitch Ratings has affirmed Aon Corporation's Aon Issuer Default Rating IDR at 'BBB+', its related senior debt ratings, as well as the commercial paper rating at 'F2'. The Rating Outlook is Stable. (See all ratings listed below.) Aon's ratings reflect Aon's progress in developing a new...
- Articles 2008-06-16
- << Previous
- page 1 of 1
- Next >>
Premier Vendor Content Whitepapers, webcasts & resources from our Power Center Sponsors
- THE FUTURE JUST LOST ITS LEAD.
-
We're relentless about invention. Our latest technology includes hafnium-based circuitry, mobile technology for a new generation of MIDs, and 32 nanometer processing.
- Learn more >>
- Revolutionary Manufacturing
-
Get inside Intel's advanced manufacturing processes, including research and development, wafer fabrication, and boards and semi-conductor manufacturing.
- Read how Intel is precision tuning fast, smart, more energy-efficient technologies >>
- Technology Innovation
-
Discover how Intel is advancing the pace of new developments in architecture and silicon and delivering great leaps in energy efficiency and processor performance.
- Transform your computing experience >>
