Fitch has assigned the following ratings to Newcastle CDO IX 1, Limited and Newcastle CDO IX LLC, (collectively Newcastle CDO IX):
--$33,540,000 class S fixed-rate interest-only notes due 2012 'AAA';
--$379,500,000 class A-1 floating-rate notes 'AAA' due 2052;
--$115,500,000 class A-2 floating-rate notes 'AAA' due 2052;
--$37,125,000 class B floating-rate notes 'AA+' due 2052;
--$33,000,000 class C floating-rate notes 'AA' due 2052;
--$20,625,000 class D floating-rate notes 'AA-' due 2052;
--$24,750,000 class E deferrable floating-rate notes 'A+' due 2052;
--$18,562,000 class F deferrable floating-rate notes 'A' due 2052;
--$18,562,000 class G deferrable floating-rate notes 'A-' due 2052;
--$21,656,000 class H deferrable floating-rate notes 'BBB+' due 2052;
--$21,656,000 class J deferrable floating-rate notes 'BBB' due 2052;
--$19,593,000 class K deferrable floating-rate notes 'BBB' due 2052;
--$23,718,000 class L deferrable fixed-rate notes 'BB' due 2052.
For more information, please see the new issue report titled 'Newcastle CDO IX', available on the Derivative Fitch web site at www.derivativefitch.com. Additional information about the collateral manager is also available on the web site.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.derivativefitch.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 means Fitch, Inc., Fitch Ratings, Ltd. and their subsidiaries including Derivative Fitch, Inc. and Derivative Fitch Ltd. and any successor or successors thereto.
