News Column

Fitch Updates Rating Guidelines for Letter of Credit-Supported Bonds & Commercial Paper

June 2, 2014



NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published an updated report on 'Rating Guidelines for Letter of Credit-Supported Bonds and Commercial Paper'. It replaces the report entitled 'Rating Guidelines for Letter of Credit-Supported Bonds' that was published on May 14, 2014.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research: Rating Guidelines for Letter of Credit-Supported Bonds and Commercial Paper

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749431

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. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.



Fitch Ratings

Joseph Staffa

Senior Director

+1-212-908-0829

Fitch Ratings, Inc.

33 Whitehall Street

New York, NY 10004

or

Trudy Zibit

Managing Director

+1-212-908-0689

or

Media Relations

Elizabeth Fogerty, 212-908-0526

elizabeth.fogerty@fitchratings.com


Source: Fitch Ratings


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