Fitch Places 22 Commerzbank Supp Issues On Rating Watch Negative.Business EditorsNEW YORK--(BUSINESS WIRE)--July 6, 2000 Following its placement of Commerzbank's long term rating of `AA-' and short term rating of `F1+' on Rating Watch Negative, Fitch fitch: see polecat. , the international rating agency, places 22 issues supported by Commerzbank This article is about the bank headquartered in Frankfurt, Germany. For other uses, see Commerce Bank. Commerzbank AG (ISIN: DE0008032004, DAX: B>CBK) is the second-largest bank in Germany (after Deutsche Bank) and headquartered in Frankfurt am Main. letters-of-credit or liquidity facilities on Rating Watch Negative. The affected bonds are listed below. For additional information, see Fitch's press release dated July July: see month. 5, 2000. Fitch is an international rating agency that provides global capital market investors with the highest quality ratings and research. Dual headquartered in 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 and London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. with a major office in Chicago Chicago, city, United States Chicago (shĭkä`gō, shĭkô`gō), city (1990 pop. 2,783,726), seat of Cook co., NE Ill., on Lake Michigan; inc. 1837. , Fitch rates entities in 75 countries and has some 1,100 employees in more than 40 local offices worldwide. The agency, which is a combination of Fitch IBCA IBCA International Braille Chess Association IBCA Institute of Burial and Cremation Administration IBCA Integrated Business Communications Alliance IBCA International Barbeque Cookers Association IBCA Department of Interior Board of Contract Appeals and Duff & Phelps Phelps may refer to: In places in the US:
--California, State of (CA) CP notes (liquidity facility: Morgan
Guaranty Trust Co., Bayerische Landesbank Girozentrale,
Landesbank Hess-Thuringen, & Westdeutsche Landesbank
Girozentrale), `F1+';
--Chicago (IL) (Chicago O'Hare International airport) CP notes ser
A (LOC: Commerzbank Aktiengesellschaft), `F1+';
--Chicago (IL) (Chicago O'Hare International airport) CP notes ser
B (LOC: Commerzbank Aktiengesellschaft), `F1+';
--Chicago (IL) (Chicago O'Hare International airport) CP notes ser
C (LOC: Commerzbank Aktiengesellschaft), `F1+';
--Connecticut, State of (CT) 2nd lien special tax oblig bonds
transp infrastructure purposes ser 1 (LOC: Commerzbank
Aktiengesellschaft), `AA-/F1+';
--First Albany Corp. (NY) FAC muni trust fltg-rate ctfs ser 1999-1
(liquidity facility: Commerzbank AG, NY), `AAA/F1+';
--Kentucky Asset/Liability Commission (KY) proj notes, 1998 agency
fund series (LOC: Commerzbank AG, NY), `AA-/F1+';
--Lehman Brothers Holdings Inc. (NY) fltg-rate trust receipts ser
1999 FR-A16 (liquidity facility: Commerzbank
Aktiengesellschaft, NY) (insured: MBIA), `AAA/F1+';
--Lehman Brothers Holdings Inc. (NY) fltg-rate trust receipts ser
1999 FR-A17 (liquidity facility: Commerzbank
Aktiengesellschaft, NY) (insured: Harbor Department of the
City), `AA/F1+';
--Lehman Brothers Holdings Inc. (NY) fltg-rate trust receipts ser
1999 FR-A24 (liquidity facility: Commerzbank
Aktiengesellschaft) (insured: MBIA), `AAA/F1+';
--Lehman Brothers Holdings Inc. (NY) fltg-rate trust receipts ser
1999 FR-A25 (liquidity facility: Commerzbank
Aktiengesellschaft), `F1+';
--Los Angeles Unified School District (CA) (Belmont Learning
Complex) COPs ser 1997A (LOC: Commerzbank Atkiengesellschaft),
`AA-/F1+';
--Massachusetts Water Resources Authority (MA) multi-modal sub gen
rev bonds ser 1999A (insured: Ambac) (liquidity facility:
Commerzbank AG New York, Credit Locale de France & The Bank of
Nova Scotia), `AAA/F1+';
--Massachusetts, Commonwealth of (MA) GO rfdg var-rate demand
bonds ser 1998A (liquidity facility: Commerzbank
Aktiengesellschaft, NY), `AA-/F1+';
--New York City (NY) adj-rate GO bonds ser fiscal 1996 & J-2 (LOC:
Commerzbank AG New York), `AA-/F1+';
--New York City Health & Hospitals Corp. (NY) health sys bonds ser
1997F (LOC: Commerzbank, AG of New York), `AA-/F1+';
--Oakland Joint Powers Financing Authority (CA) lease rev bonds
1998 ser A-1 & A-2 (insured: FSA) (liquidity facility:
Commerzbank Aktiengesellschaft), `AAA/F1+';
--Philadelphia (PA) wtr & wastewtr rev bonds ser 1997B (insured:
AMBAC) (liquidity facility: Commerzbank Aktiengesellschaft),
`AAA/F1+';
--Port of Oakland (CA) CP notes ser A & B (LOC: Commerzbank AG,
Los Angeles & Bank of Nova Scotia, NY), `F1+';
--Port of Oakland (CA) CP notes ser C (LOC: Commerzbank AG, Los
Angeles & Bank of Nova Scotia, NY), `F1+';
--Port of Seattle (WA) sub lien rev bonds (AMT) ser 1999B (LOC:
Commerzbank Aktiengesellschaft), `AA-/F1+';
--Port of Seattle (WA) sub lien rev bonds (non-AMT) ser 1999A
(LOC: Commerzbank Aktiengesellschaft), `AA-/F1+'.
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