Article: S&P Affirms Carousel Center Finance Mtg Col Note Rtgs.

Business Editors

NEW YORK--(BUSINESS WIRE)--Standard & Poor's

Oct. 10, 2001-- Standard & Poor's today affirmed its ratings on four classes of Carousel Center Finance Inc.'s (Carousel Center) mortgage collateral notes (see list).

The affirmations reflect Carousel Center's dominant market position and stable operating performance. Carousel Center is a 1.5 million square foot (sq. ft.), super-regional shopping center located one mile north of downtown Syracuse, N.Y. The shopping center's anchors include J.C. Penney, Kaufmann's, Ames, Bon-Ton, Lord & Taylor, Best Buy and H&M.

Since Standard & Poor's last review, Bonwit Teller, a major ...

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