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Fitch Discusses Unique Del Mar Race Track Authority, CA Debt Structure Today 12PM.


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.
 will be holding a conference call this afternoon at 12:00 p.m. EDT EDT
abbr.
Eastern Daylight Time


EDT Eastern Daylight Time

EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York

EDT 
 to discuss its recently assigned 'BBB-' rating on $50.1 million series 2005 revenue bonds to be issued by the Del Mar Del Mar is the name of several places in the United States of America:
  • Del Mar, California
  • Del Mar, Texas
  • Del Mar High School, located in San Jose, California
  • Del Mar Racetrack, located in Del Mar, California
 Race Track Authority, California.

Fitch Senior Director Cherian George and Associate Director Corey Modeste will elaborate on the transaction, whose unique structural features justified the assignment of an investment grade rating and has generated significant interest among market participants.

Participants in the U.S. and Canada should call 888-266-4139 five minutes prior to the 12:00 p.m. EDT start time. To ensure there are sufficient telephone lines available, use internal conferencing capabilities, if possible, for multiple listeners at a single location. If you would like to participate, email pfconference.calls@fitchratings.com.

A replay of the teleconference will be available this afternoon, two hours after the call ends until the close of the business day on Friday Sept. 9 at 800-642-1687 (in the U.S. and Canada). The conference ID number for the instant replay is '9065572'.

Additionally, a replay of the teleconference will be archived on Fitch Ratings web site. Soon after the teleconference, interested parties can find the appropriate link at the 'Teleconference and Online Events' link, which is located under 'Resource Library' on www.fitchratings.com.

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 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 29, 2005
Words:283
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