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Article: Fitch Ratings Downgrades 966 Radian-Insured Issues (1 of 11).
- Article from:
- Business Wire
- Article date:
- September 6, 2007
CopyrightCOPYRIGHT 2007 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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NEW YORK -- Following yesterday's rating downgrades of Radian Asset Assurance Inc. and subsidiaries, Fitch Ratings has downgraded the insured ratings on the following 966 municipal bond issues to 'A+' from 'AA' and revised the Rating Watch to Evolving from Negative. For more information, see the Sept. 5 press release ('Fitch Downgrades Radian's L-T Debt to 'A-', IFS to 'AA-' on Recessed Merger') which is available on the Fitch Ratings web site at www.fitchratings.com.
--ABAG Finance Authority for Nonprofit Corps. (CA) (Casa De Las Campanas) variable-rate revenue refunding bonds series 2007A (insured: Radian Asset Assurance Inc.);
--ABAG Finance ...