S&P Affirms River Funding No. 4 Class 1 Notes at AA(sf)

MT Newswires Live
04-17

S&P Global Ratings maintained the AA(sf) rating on River Funding No. 4's class 1 notes, according to a Monday release.

The affirmation follow a decline in the notes' commitment amount to HK$1.7 billion from HK$2 billion.

S&P said the current credit enhancement level is enough to anchor the class 1 notes in its present rating.

A group of PrimeCredit-originated consumer loans backs the notes.

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