Fitch Ratings Affirms R.E. REPACK TRUST 2002-1.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 Ratings affirms the class A certificates issued by R.E. Repack Re`pack´ v. t. 1. To pack a second time or anew; as, to repack beef; to repack a trunk. s> Trust 2002-1. This affirmation is the result of Fitch's review process. The following rating action is effective immediately: -- $80,000,000 class A certificates affirmed at 'AA'. The ratings of the class A certificates address the likelihood that investors will receive full and timely payments of interest, as per the governing documents, as well as the stated balance of principal by the legal final maturity date. The rating is based on the credit quality of the trust's underlying security, $80,000,000 class B floating rate notes, which were issued by LNR LNR Local Nature Reserve (United Kingdom) LNR Last Number Redial LNR London News Radio LNR Left/Node/Right (in order binary tree traversal in computer programming) LNR Local Negotiated Rate 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 2002-1, Ltd. and LNR CDO 2002-1 Corp. on July 9, 2002. Fitch affirmed all classes of notes issued by LNR CDO 2002-1 on Sept. 8, 2004. For a detailed description of Fitch's rating analysis on LNR CDO 2002-1, see the report dated June 7, 2002 and available on Fitch's web site at 'www.fitchratings.com'. |
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