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Fitch: U.S. Credit Card ABS Issuance Trusts Updated for May.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 today updated its U.S. credit card ABS issuance trust updates for the month of May for the following issuers:

-- American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses.  Issuance Trust;

-- Capital One Multi-asset Execution Trust;

-- Chase Issuance Trust (fka Bank One Issuance Trust);

-- Citibank Credit Card Issuance Trust;

-- MBNA MBNA Monument Builders of North America
MBNA Mercedes-Benz North America
MBNA Maryland Bank, National Association
MBNA Maryland Bank North America
MBNA Mount Baker Nurses Association (Bellingham, Washington) 
 Credit Card Master Note Trust;

-- Washington Mutual Master Note Trust.

The 'Credit Card ABS Issuance Trust Updates' offer a wide array of performance data and trust detail. The latest editions have been enhanced to include Available 'AAA' Issuance Capacity for each trust. Fitch designed these comprehensive reports to provide investors with timely and innovative research on credit card issuance trusts updated monthly. The 'Issuance Trust Updates' link will access a compilation of parent company and trust descriptions, collateral performance measures, trust capital structures and maturity schedules, and break-even stress scenarios.

The updates can be found at www.fitchratings.com, Fitch's web site, by selecting the 'ABS' sector under the 'Structured Finance' heading then selecting the 'Issuance Trust Updates' link under 'research & reports' or by contacting Marketing Services at +1-800-853-4824.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 14, 2006
Words:239
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