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Fitch Rates Iridal Public Limited Company/TCW Oak Canyon Funding 'AAA'.

Publication: Business Wire
Publication Date: 16-MAR-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch Ratings assigns an 'AAA' rating to Iridal Public Limited Company/TCW Oak Canyon Funding EUR3,000,000 tranche B floating-rate credit link notes. The transaction is a single tranche, synthetic managed collateralized swap obligation giving investors leveraged access to the credit risk of a diverse portfolio of credit default swaps comprising 135 investment-grade,...

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