NEW YORK----Fitch Ratings has today placed sub-class A6-EL of notes issued by Newport Waves CDO Series 7 on Rating Watch Negative. The Rating Watch Negative action reflects Fitch's view on the credit risk of the rated notes following the release of its new Corporate CDO rating Criteria.
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CHICAGO--(BUSINESS WIRE)--(This is a correction for the release that went out on May 15, 2008. It corrects the figures for the key drivers of risk and the likely outcome of Rating Watch Negative status without significant changes.) Fitch Ratings has placed the following class of notes on Rating...
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Fitch Places Sub-Class A6-EL of Newport Waves CDO Series 7 on Watch Negative Fitch Places Sub-Class A6-EL of Newport Waves CDO Series 7 on Watch NegativeNEW YORKNY-FITCH-RATINGS/NEWPORT NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has today placed sub-class A6-EL of notes issued by Newport Waves CDO...