Consolidated commercial paper system and method

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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Reexamination Certificate

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08010445

ABSTRACT:
One system for forming a consolidated commercial paper issue includes: a plurality of borrowers, with each borrower having a short-term borrowing need; a credit rating agency operable to determine a credit rating for each borrower; a consolidator operable to aggregate the short-term borrowing needs of at least two borrowers into a consolidated commercial paper issue; and a communication network operable to transmit communications between one or more of the credit rating agency, the consolidator, and at least one of the borrowers. One method of forming a consolidated commercial paper issue includes: identifying a plurality of borrowers, with each borrower having a short-term borrowing need; determining a credit rating for each borrower; and aggregating the short-term borrowing needs of at least two borrowers into a consolidated commercial paper issue.

REFERENCES:
patent: 7254555 (2007-08-01), Field
patent: 7313541 (2007-12-01), Wise et al.
patent: 7359875 (2008-04-01), Millette et al.
patent: 2002/0069160 (2002-06-01), Olin
patent: 2002/0116325 (2002-08-01), Wise et al.
patent: 2002/0133460 (2002-09-01), Field
patent: 2003/0018563 (2003-01-01), Kilgour et al.
patent: 2006/0010057 (2006-01-01), Bradway et al.
patent: 2007/0203834 (2007-08-01), Field

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