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Fitch Withdraws Advanta Corp. and Subsidiary Ratings.

Publication: Business Wire
Publication Date: 23-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings has revised the trust preferred rating of Advanta Capital Trust I to 'C/RR6' from 'C/RR5' to reflect the reduced recovery prospects for holders that did not participate in the company's tender for the securities. All other ratings have been affirmed.

Concurrently, Fitch has withdrawn...

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