Fitch To Rate All Issues By MBIA.Business Editors NEW YORK--(BUSINESS WIRE)--June 14, 2001 Fitch fitch: see polecat. , the international rating agency, announced today it will rate all issues insured by MBIA MBIA Montana Building Industry Association MBIA Municipal Bond Insurance Association MBIA Michigan Boating Industries Association MBIA Municipal Bond Investors Assurance MBIA Massachusetts Brain Injury Association MBIA Maryland Business Incubation Association Insurance Corp., `AAA'. Fitch expects that by providing the `AAA' rating, which would be assigned as·sign tr.v. as·signed, as·sign·ing, as·signs 1. To set apart for a particular purpose; designate: assigned a day for the inspection. 2. without any charge to the issuer or the bond insurer, more issuers will be encouraged to purchase ratings from Fitch on uninsured deals as well as `underlying' or `shadow' ratings on insured deals. "Investors and issuers are increasingly using Fitch as a preferred rating agency," said Stephen Joynt, President and COO (Cell Of Origin) See mobile positioning. of Fitch. "This new approach allows them to equally use Fitch, providing the market with more rating agency choice at lower costs." Issuers or investors requesting more information should contact Fitch. |
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