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Non-Tech : Cityscape Financial (CTYS)

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To: Zeev Hed who wrote (1428)	10/27/1997 10:00:00 AM
From: Ray Dopkins	Read Replies (1) of 2544

Wednesday October 22 1:14 PM EDT NEW YORK, Oct. 22 /PRNewswire/ -- Standard & Poor's today lowered Cityscape Financial Corp.'s senior debt and long-term counterparty credit ratings to single-'B'-minus from single-'B'. Additionally, Standard & Poor's placed its ratings of Cityscape Financial Corp. on CreditWatch with developing implications. biz.yahoo.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I'm waiting for a call from C.S's fixed income dept. for a quote on the bonds. I don't like the sounds of "developing implications." Ray

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