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Fitch Rates Nautilus RMBS CDO V, Ltd.


NEW YORK -- Fitch assigns the following ratings to Nautilus nautilus, in zoology
nautilus, cephalopod mollusk belonging to the sole surviving genus (Nautilus) of a subclass that flourished 200 million years ago, known as the nautiloids.
 RMBS RMBS Residential Mortgage-Backed Securities
RMBS Rambus, Inc. (NASDAQ stock symbol)
RMBS Russian Mortgage-Backed Securities
 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  V, Ltd. and Nautilus RMBS CDO V LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, (collectively Nautilus V):

--$226,000,000 class A-1S floating rate notes due 2047 'AAA';

--$41,000,000 class A-1J floating rate notes due 2047 'AAA';

--$9,000,000 class A-2 floating rate notes due 2047 'AA';

--$9,000,000 class A-3 floating rate deferrable interest notes due 2047 'A';

--$7,000,000 class B floating rate deferrable interest notes due 2047 'BBB';

--$2,500,000 class C floating rate deferrable interest notes due 2047 'BB'.

For more information, please see the new issue report titled 'Nautilus RMBS CDO V, Ltd./LLC', available on the Fitch web site at www.derivativefitch.com. Additional information about the collateral manager is also available on the web site.

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, Ltd. and their subsidiaries including Derivative Fitch, Inc. and Derivative Fitch Ltd. and any successor or successors thereto.
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Publication:Business Wire
Date:Jun 28, 2007
Words:220
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