Fitch Places Sub-Class A6-EL of Newport Waves CDO Series 7 on Watch Negative (Business Wire)

yahoo.com     May 17, 2008            

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. [read full story]                

Full Coverage