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Fitch Affirms St. Germain Holdings, Ltd CP & Capital Notes at 'F1/A'.

Publication: Business Wire
Publication Date: 07-MAR-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Fitch affirms the commercial paper program (CP) and capital note program of St. Germain Holdings, Ltd, (St. Germain). These affirmations are the result of Fitch's review process and are effective immediately:

--$5,000,000,000 commercial paper program affirmed at 'F1';

--$250,000,000 capital note program affirmed at 'A'.

St. Germain is a special purpose investment company that issues CP and capital notes to fund the acquisition of 'AAA' rated asset-backed securities, residential-mortgage backed securities, commercial mortgage-backed securities, agency...

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