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Article: Fitch Assigns Final Ratings To La Defense III Plc.
- Article from:
- Business Wire
- Article date:
- March 4, 2004
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Copyright informationCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
LONDON--(BUSINESS WIRE)--March 4, 2004
Fitch Ratings, the international rating agency, has today assigned final ratings to La Defense III Plc's notes due April 2014 as follows:
-- EUR475million Class A1 notes: 'AAA';
-- EUR98m Class B1 notes: 'AA';
-- EUR62m Class C1 notes: 'A'.
This transaction is a securitisation of a commercial mortgage loan to be originated by Credit Suisse First Boston ('CSFB') to refinance a portfolio of eight properties located in La Defense and the Central Business District (CBD) of Paris.
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