|
|
Article: Fitch Ratings Affirms Five Classes of Commodore CDO II Ltd.
- Article from:
- Business Wire
- Article date:
- December 2, 2004
CopyrightCOPYRIGHT 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)
|
NEW YORK -- Fitch Ratings affirms five classes of notes issued by Commodore CDO II Ltd., (Commodore CDO II). These affirmations are the result of Fitch's review process. The following rating actions are effective immediately:
--$186,000,000 class A-1MM floating-rate notes affirmed at 'AAA/F1+';
--$37,800,000 class A-2(a) floating-rate notes affirmed at 'AAA';
--$1,200,000 class A-2(b) fixed-rate notes affirmed at 'AAA';
--$48,600,000 class B floating-rate notes affirmed at 'AA';
--$12,381,843 class C floating-rate notes affirmed at 'BBB'.
Commodore CDO II is a collateralized debt obligation (CDO) managed by Fisher ...