Fitch Ratings Affirms Chase Manhattan Marine Owner Trust 1997-A

NEW YORK--()--Fitch Ratings has affirmed the following ratings for Chase Manhattan Marine Owner Trust 1997-A:

--Class C notes at 'AAAsf'; Outlook Stable.

KEY RATING DRIVERS

The rating affirmation is a result of available credit enhancement in form of cash reserve account which provides 100% coverage for the outstanding balance of the notes. The collateral continues to perform within Fitch's base case and makes full and timely payments of principal and interest.

The notes are backed by a pool of secured loans consisting of marine assets originated by Chase Manhattan Marine Finance.

RATING SENSITIVITY

Rating sensitivity does not apply to this transaction as it is 100% backed by cash held in a trust account.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--'Global Structured Finance Rating Criteria' (May 2013).

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=708661

Additional Disclosure

Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=827019

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Contacts

Fitch Ratings
Primary Analyst
Lauren Tierney, +1-212-908-9168
Associate Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Committee Chairperson
Du Trieu, +1-312-368-2091
Senior Director
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com

Sharing

Contacts

Fitch Ratings
Primary Analyst
Lauren Tierney, +1-212-908-9168
Associate Director
Fitch Ratings, Inc.
One State Street Plaza
New York, NY 10004
or
Committee Chairperson
Du Trieu, +1-312-368-2091
Senior Director
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com