Fitch Withdraws Ratings On Heller Financial Inc.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 6, 2001 Fitch fitch: see polecat. withdraws its `F1' commercial paper, `A' senior unsecured debt Unsecured debt Debt that does not identify specific assets that the debtholder is entitled to in case of default. , and `A-` preferred stock Stock shares that have preferential rights to dividends or to amounts distributable on liquidation, or to both, ahead of common shareholders. Preferred stock is given preference over common stock. Holders of preferred stock receive dividends at a fixed annual rate. ratings for Heller Financial Inc. (Heller), following the closing of its purchase by General Electric Capital Services Inc., which Fitch does not currently rate. On July July: see month. 30, 2001 Heller's ratings were placed on Rating Watch Positive the announcement that it would be acquired by GE Capital. Approximately $16 billion of debt and preferred stock securities are affected. |
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