Standard & Poor's Buys Portfolio Management Data

MARKET DATABASE

NEW YORK--Standard & Poor's has acquired Portfolio Management Data (PMD), which provides bank loan analysis, pricing and performance data. The acquisition will give Standard & Poor's clients a single source for data, analysis, and credit ratings critical to structuring, selling, securitizing and monitoring syndicated loans and loan portfolios.

"Adding our products and capabilities to those of Standard & Poor's will allow us -- jointly -- to provide the 'total analytical solution' to the banke