Following its monthly surveillance review, Fitch Ratings designated four of its $4.4 billion U.S. asset-backed securities (ABS) SBA/Small Business Loan transactions as 'Under Analysis', indicating that Fitch will be issuing a rating action within 30 days.
Those transactions include the following:
--Business Loan Center SBA loan backed certificates 1998-1;
--Business Loan Express SBA loan backed adjustable rate notes, series 2001-2 and 2002-1;
--Business Loan Express Business Loan Trust 2002-A.
Twenty-two SBA/Small Business Loan transactions were designated with a SMARTView date of May 13, 2009, indicating that no in-depth review is necessary.
To review a list of all deals Fitch currently has 'Under Analysis', please use the following link (accessible to all users of the Fitch web site):
www.fitchratings.com/smartview.
SMARTView is available on the Fitch Ratings web site at www.fitchratings.com, along with the report titled 'SMARTView, Fitch U.S. Structured Finance Monthly Public Reviews'.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, '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.
Contacts:
Fitch Ratings
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Juveria
Mozaffar, +1-312-606-2335 (Chicago)
Media Relations:
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Scenga, +1-212-908-0278 (New York)
sandro.scenga@fitchratings.com