Fitch Rates ALESCO Preferred Funding XVI, Ltd./Inc.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 assigns the following ratings to ALESCO Preferred Funding XVI: --$349,000,000 Class A First Priority Senior Secured Floating Rate Notes Due 2038 'AAA'; --$20,000,000 Class B Deferrable Second Priority Secured Fixed/Floating Rate Notes Due 2038 'AA'; --$82,250,000 Class C Deferrable Third Priority Mezzanine mez·za·nine n. 1. A partial story between two main stories of a building. 2. The lowest balcony in a theater or the first few rows of that balcony. Secured Floating Rate Notes Due 2038 'A-'; --$28,500,000 Class D Deferrable Fourth Priority Subordinate Secured Floating Rate Notes Due 2038 'BBB'. For more information, please see the new issue report titled 'ALESCO Preferred Funding XVI', available on the Derivative Fitch web site at www.derivativefitch.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.derivativefitch.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. Fitch means Fitch, Inc., 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. , Ltd. and their subsidiaries including Derivative Fitch, Inc. and Derivative Fitch Ltd. and any successor or successors thereto. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion