公用事业部-标准普对特殊目的实体的评级方法.docxVIP

At present, the County personnel totaled 93,000 people, is three times times of 2010. Review the work of the past five years, the County formed to encourage innovation, innovation, participation in innovative atmosphere, a large number of innovations emerging high-level personnel leading the increasingly strong role; innovative idea further innovations gradually expanded from economic to social governance, public safety, intelligence and other areas of urban construction, innovation and talent support becomes increasingly important. Of hard work, the county levels to cherish, continue to consolidate, improve and, for the future development, to remain sober-minded, scientific foresight, courage to play. Under the influence of complicated international and domestic situation, the domestic economic situation, and General Secretary of stability, but downward pressure on large trend of differentiation and deepening of structural adjustment sums up the current situation. From Dongping actual see, Thirteen-Five during, County faced stable economic growth, and deepening structure adjustment of double task, both faced with economic total small, and per capita level low, and industry structure not reasonable, and economic development way extensive, basic situation, more has industry cluster early now prototype, and Park hosted capacity constantly enhanced, and resources traffic location advantage increasingly appeared, and cadres masses innovation venture passion  PAGE \* MERGEFORMAT 17 标准普尔对特殊目的实体的评级方法 概要 自从1993年10月项目融资标准首次发布以来，标准普尔一直强调使用特殊目的实体（SPE）构建项目融资债务的重要性。为了反映不断变化项目的融资的情况，标准普尔在1997年修订SPE独立董事、“黄金股”机制和一些等价方式，以达到投资级的评级的目的。1999年，标普修订其有限责任公司评级标准以适应国内法律关于所谓的单一成员的有限责任公司的变化，特别是拉特华州法律。 SPE在无追索权或有限追索权下不是唯一的项目融资方式。虽然SPE项目融资不是我们所看到的严格的证券固相萃取（SPE项目融资交易使用的类型，也许可以更好地描述为“有限目的的经营实体”）类型。但它作为一种物质术语，与证券化的SPE是很相似的。 有限追索权交易（如项目融资）的共同点是，债券持有人对于抵押品表示感兴趣。这样交易的实质是，债券持有人通过充分的调查，披露机制或者在两者的认识的基础上接受经济和经营的风险。同时，债券持有人认为赞助商和其他参与者将会规避这些不良的风险。 这里是通过两种方式实现规避风险的：从结构上来说，在一个单独的法律实体中，通过发起者操作方式的隔离和资产的交易