Standard&Poor's Ratings Changes Affect $6 Billion Of Securities

Standard&Poor's last week raised the equipment trust certificate ratings of American Airlines and Delta to 'triple-B' from 'triple-B-minus" and of United's to 'triple-B-minus' from 'double-B-plus.' About $6 billion worth of securities were affected by the move. Under a new policy, the two-notch...

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