Fitch Updates Criteria for Reviewing Unique or Complex Transactions

NEW YORK & LONDON--()--Link to Fitch Ratings' Report: Reviewing Unique or Complex Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=719855

Fitch Ratings has updated its criteria for reviewing unique or complex transactions. The changes from the previous report are minimal and are not expected to have any rating impact on existing ratings.

In particular, the updated report clarifies that transaction screening committees (TSCs) may determine the maximum rating level at which a proposal can proceed, in addition to determining whether a rating proposal can or cannot proceed. It also clarifies that TSCs may establish items for follow up by subsequent rating committees.

The criteria report 'Reviewing Unique or Complex Transactions' is available at www.fitchratings.com or by clicking on the link above. It replaces the report of the same name dated 28 September 2012.

Additional information is available at www.fitchratings.com.

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Contacts

Fitch Ratings
Stuart Jennings, Managing Director, +44 20 3530 1142
Fitch Ratings Ltd
30 North Colonnade
London, E14 5GN
or
Eileen Fahey, Managing Director, +1 312-368-5468
or
Trevor Pitman, Managing Director, +44 020 3530 1059
or
Media Relations
Brian Bertsch, +1 212-908-0549
New York
brian.bertsch@fitchratings.com

Contacts

Fitch Ratings
Stuart Jennings, Managing Director, +44 20 3530 1142
Fitch Ratings Ltd
30 North Colonnade
London, E14 5GN
or
Eileen Fahey, Managing Director, +1 312-368-5468
or
Trevor Pitman, Managing Director, +44 020 3530 1059
or
Media Relations
Brian Bertsch, +1 212-908-0549
New York
brian.bertsch@fitchratings.com