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Fitch Rates Lexington Capital Funding CDO III Ltd./LLC 'AAA/AAA/AAA/AA/AA-/A/A-/BBB/BBB-'.


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 Lexington Capital Funding CDO (Collaborative Data Objects) A programming interface from Microsoft for accessing MAPI-based e-mail, calendaring and scheduling servers. Originally called "OLE Messaging" and "Active Messaging," CDO wraps the Enhanced MAPI library into a COM object that provides the  III Ltd. and Lexington Capital Funding III LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, (collectively Lexington III):

--$480,000,000 class AAA AAA: see American Automobile Association.


(Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied.
 Class A-1 First Priority Senior Floating-Rate Notes Due April 2047 'AAA';

--$240,000,000 Class A-2 Second Priority Senior Floating-Rate Notes Due April 2047 'AAA';

--$160,500,000 Class A-3 Third Priority Senior Floating-Rate Notes Due April 2047 'AAA';

--$70,725,000 Class B Fourth Priority Senior Floating-Rate Notes Due April 2047 'AA';

--$50,200,000 Class C Fifth Priority Senior Floating-Rate Notes Due April 2047 'AA-';

--$40,000,000 Class D Sixth Priority Mezzanine Deferrable Floating-Rate Notes Due April 2047 'A';

--$35,650,000 Class E Seventh Priority Mezzanine Deferrable Floating-Rate Notes Due April 2047 'A-';

--$47,850,000 Class F Eighth Priority Mezzanine Deferrable Floating-Rate Notes Due April 2047 'BBB';

--$12,000,000 Class G Ninth Priority Mezzanine Deferrable Floating-Rate Notes Due April 2047 'BBB-'.

For more information, please see the new issue report titled 'Lexington Capital Funding III Ltd.', available on the Fitch web site at www.derivativefitch.com. Additional information about the collateral manager is also available on the web site.

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 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, Ltd. and their subsidiaries including Derivative Fitch, Inc. and Derivative Fitch Ltd. and any successor or successors thereto.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 11, 2007
Words:280
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