Fitch Rates Merrill Lynch P-FLOATs Series PT-4659
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Thu, 05 Nov 2009 17:29:29 GMT |
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NEW YORK - (Business Wire) Fitch Ratings assigns a private placement rating of 'AA/F1+' to the Merrill Lynch P-FLOATs Series PT-4659. The 'AA' long-term component of the rating is based on the rating that Fitch has assigned to the Indiana Finance Authority, health system revenue bonds, series 2009A (Sisters of St. Francis Health Services, Inc. Obligated Group) (currently rated 'AA' by Fitch). The 'F1+' short-term component of the rating is based on the liquidity facility provided by Bank of America, National Association (currently rated 'A+/F1+'). The 'F1+' short-term component of the rating will expire on May 15, 2010, unless such date is extended, or upon any prior termination of the liquidity facility. Additional information is available at 'www.fitchratings.com'. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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 ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Fitch Ratings, New York
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com
Mary Jane Ziga, +1-212-908-0529
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