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Fitch Rates Visage CDO II.


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 Visage 2006-1 Ltd. and Visage 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  II, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, (collectively Visage CDO II, or the issuer):

--$100,000,000 class A2 senior floating-rate notes due 2053 'AAA';

--$60,000,000 class B senior floating-rate notes due 2053 'AAA';

--$36,000,000 class C senior floating-rate notes due 2053 'AA+';

--$26,000,000 class D senior floating-rate notes due 2053 'AA+';

--$20,000,000 class E deferrable floating-rate notes due 2053 'A+';

--$15,000,000 class F deferrable floating-rate notes due 2053 'BBB+';

--$13,000,000 class G deferrable floating-rate notes due 2053 'BBB-'.

For more information, please see the new issue report titled 'Visage CDO II Ltd.', 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 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.
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Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 18, 2007
Words:224
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