In connection with the Sept. 14 placement of Landesbank Baden-Wuerttemberg's (LBBW) long- and short-term Issuer Default Ratings (IDRs) on Rating Watch Negative, Fitch Ratings has reviewed ratings of municipal bonds supported by letters of credit and liquidity facilities provided by LBBW and has taken various actions.
A spreadsheet detailing the rating actions in question is available on the Fitch Ratings web site at 'www.fitchratings.com' under the following headers:
Public Finance then U.S. Public Finance then Special Reports.
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.
Contacts:
Fitch Ratings, New York
Richard Park, 212-908-0289
or
Media
Relations:
Brian Bertsch, 212-908-0549
Email: brian.bertsch@fitchratings.com
Sandro
Scenga, 212-908-0278
Email: sandro.scenga@fitchratings.com