Rating Agency Developments - October 02, 2012

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On September 27, Fitch updated its global rating criteria for trade receivables securitizations. Fitch Report.

On September 26, S&P requested comment on collateral coverage and issue notching rules for “1+” and “1″ recovery ratings on senior bonds secured by utility real property. S&P Report.

On September 21, Fitch updated its criteria for analyzing large loans in U.S. CMBS. Fitch Report.

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Published In: Administrative Agency Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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