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Quality | 2010.03.19

Fitch Affirms Falcon's 'F1+' ABCP Rating

NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the \'F1+\' rating assigned to asset-backed commercial paper (ABCP) issued by Falcon Asset Securitization LLC (Falcon). Fitch\'s Global Rating Criteria for Asset-Backed Commercial Paper (Oct. 22, 2009) and Global Structured Finance Rating Criteria (Sept. 30, 2009) were used for the rating review. The affirmation is based on the analysis of the underlying collateral quality, the credit and liquidity support, and the legal structure of the program. The

 

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