Fitch Withdraws Ratings on Heritage Bonds & Centro Saturn MergerSub LLC.NEW YORK -- Fitch Ratings has affirmed and simultaneously withdrawn its 'BBB-' ratings for $350 million in senior unsecured notes originally issued by Heritage Property Investment Trust, Inc. and subsequently assumed by Centro Saturn MergerSub LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ('MergerSub'), a managed vehicle of Centro Properties Group (ASX ASX See: Australian Stock Exchange : CNP (Certified Network Professional) A professional designation and accreditation given to individual IT networking professionals by the Network Professional Association (www.npa.org). , 'Centro') and certain other Centro managed vehicles. Rated securities include 4.5% senior unsecured notes due October 2009 and 5.125% senior unsecured notes due April 2014, which were redeemed on June 25, 2007. Fitch has withdrawn the following ratings: --Long-term Issuer Default Rating ('IDR') for MergerSub 'BBB-'; --Senior unsecured debt rating 'BBB-'. 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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