Fitch Withdraws Rating of HVB's ABCP Conduit Bavaria Universal Funding Corp (BUFCO).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 is withdrawing its rating on Bayerische Hypo-und Vereinsbank's (HVB's) asset-backed commercial paper conduit program Bavaria Universal Funding Corporation (BUFCO) at the request of the issuer. The withdrawal of Fitch's 'F1' rating on BUFCO's commercial paper (CP) follows HVB's decision to no longer provide the information necessary for Fitch to maintain BUFCO's rating. Fitch's withdrawal of its rating will be effective as of May 1, 2006. Fitch's withdrawal of its rating on HVB's asset-backed conduit program, BUFCO is not expected to affect Fitch's rating on HVB's Long-term, Short-term and Individual corporate ratings, nor is it expected to affect its rating of 'F1' on HVB's fully supported asset-backed commercial paper program Bavaria TRR TRR Transportation Research Record (Journal) TRR Test Readiness Review TRR Target Ranging Radar TRR Total Rate of Return TRR Taiwan Research Reactor Corporation (TRR), also sponsored by HVB HVB Hervey Bay, Queensland, Australia (Airport Code) HVB Hawaii Visitors Bureau HVB Central-European International Bank (Hungary) HVB High Volume Breeder (puppy mill) . 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.fitchratings.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. |
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