S&P Lowers Rating on Shizuoka Bank-Supported CP Program

Apr 19, 2001, 01:00 ET from Standard & Poor's

    NEW YORK, April 19 /PRNewswire/ -- Standard & Poor's today lowered its
 rating on the Shizuoka Bank Ltd.-supported $150 million commercial paper
 program of Yamaha Motor Finance Corp. USA to 'A-1' from 'A-1'-plus.
     The rating action was due to the downgrade of Shizuoka Bank's rating.
 Shizuoka Bank provides an LOC that supports the payment of the notes at
 maturity, Standard & Poor's said. -- CreditWire
 
 

SOURCE Standard & Poor's
    NEW YORK, April 19 /PRNewswire/ -- Standard & Poor's today lowered its
 rating on the Shizuoka Bank Ltd.-supported $150 million commercial paper
 program of Yamaha Motor Finance Corp. USA to 'A-1' from 'A-1'-plus.
     The rating action was due to the downgrade of Shizuoka Bank's rating.
 Shizuoka Bank provides an LOC that supports the payment of the notes at
 maturity, Standard & Poor's said. -- CreditWire
 
 SOURCE  Standard & Poor's