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CVS Caremark Corporation (CVS)
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CVS » Topics » Eligible SPC”

This excerpt taken from the CVS 8-K filed Mar 23, 2007.
Eligible SPC”: a special purpose corporation that (i) is organized under the laws of the United States or any state thereof, (ii) is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and (iii) issues (or the parent of which issues) commercial paper rated at least A-1 or the equivalent thereof by S&P or at least P-1 or the equivalent thereof by Moody’s.

     
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