Standard & Poor's Corp. officials say they jumped the gun and should not have released a commentary last month criticizing a planned $699 million lease-backed revenue bond deal between Northwest Airlines and Minnesota authorities.

The commentary -- originally slated for the Nov. 25 edition of Credit Week Municipal and describing the deal as essentially a "corporate junk bond" offering -- was quoted in a Nov. 25 story in The Bond Buyer based on an advance copy provided to the newspaper.

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