>
Powered by

-DBRS Discontinues Rating on Interest Rate Swap Payment of Altius III Funding Ltd.

DBRS, Inc. (DBRS) has today discontinued the AA (sf) rating on the potential Interest Rate Swap Termination Payments including all interest due which may be owed to the interest rate swap counterparty (Swap Counterparty) under an Event of Default, where Altius III Funding Ltd.

(Altius III) is the sole defaulting party as a result of a Failure to Pay or Deliver as defined in section 5(a)(i) of the ISDA Master Agreement executed on September 28, 2006, between Altius III and the Swap Counterp

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox