Event
DBRS Hosts Teleconference on Merrill Lynch Ratings Confirmation on October 29 at 11:00 am ET
- Seminar & Conference Call
-
- Non-Bank Financials
- Toronto
- Oct 29, 2007
- 11:00 am ET
Details
DBRS will host a teleconference Monday, October 29 at 11:00 a.m. ET to discuss DBRS’s recent rating action on Merrill Lynch. The agency confirmed the rating at AA (low) with a Stable trend following the Bank’s announcement of a net loss of about $2.3 billion in Q3 2007.
The call will be led by Alan G. Reid, Managing Director, U.S. Financial Institutions. Roger Lister, Chief Credit Officer for U.S. FIG will discuss the rationale behind DBRS’s decision to confirm the rating and provide DBRS’s perspective on the Broker Dealer sector.
To participate in the teleconference, please dial the appropriate numbers listed at least 15 minutes before the start of the call.
Local callers: 416 695 9748
North American callers (toll free): (1) 877 461 2814
International callers (toll free): (1) 800 4222 8835
A replay of the teleconference will be available until close of business day Friday, November 2, 2007, and can be accessed in North America by dialing 1-800-408-3053, quoting confirmation code 3240738#. International callers can also access the replay until close of business day by dialing +1-416-695-5800 and quoting confirmation code 3240738#.
For more information, please contact Jane Foster at jfoster@dbrs.com.
DBRS is a recognized international rating agency, providing timely and comprehensive rating opinions to the world’s capital markets. Privately owned and independent, DBRS offers in-depth credit analysis of corporate, financial institutions and government issues in North America, Europe, Asia and Latin America. DBRS’s extensive coverage of structured finance and securitization has solidified its standing as a leading provider of comprehensive, in-depth credit analysis.
DBRS is headquartered in Toronto, with offices in New York, Chicago, London, Frankfurt and Paris, and covers entities worldwide.