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Fitch Rates Westways Funding IX, 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 Westways Funding IX, Ltd. and Westways Funding IX, Inc., (collectively Westways IX) notes, which are due November 30, 2011:

--$232,000,000 Class A Floating Rate Senior Notes 'AAA';

--$33,000,000 Class LA Senior Loan Interests 'AAA';

--$16,000,000 Class B Floating Rate Senior Subordinate Notes 'AA';

--$16,000,000 Class C Floating Rate Subordinate Notes 'A';

--$5,000,000 Class LC Subordinate Loan Interests 'A';

--$16,000,000 Class D Floating Rate Junior Subordinate Notes 'BBB';

--$12,000,000 Class LD Junior Subordinate Loan Interests 'BBB';

--$40,000,000 Income Notes 'BB'.

For more information, please see the new issue report titled 'Westways Funding IX, Ltd.', available on Fitch's web site at www.derivativefitch.com. Additional information about TCW TCW Total Carat Weight
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 Asset Management Company, the collateral manager for the Westways IX, 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 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 there·to  
adv.
1. To that, this, or it.

2. Archaic In addition to that; furthermore.


thereto
Adverb

Formal

1. to that or it

2.
.
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Publication:Business Wire
Date:Dec 13, 2006
Words:234
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