News Column

Fitch Issues Updated ABCP Scorecard for RBS's Churchill Conduit

August 13, 2014



LONDON--(BUSINESS WIRE)-- Fitch Ratings has published an updated Asset-Backed Commercial Paper Scorecard for Churchill Loan Asset Securitisation Programme, LLC (Churchill) conduit sponsored by The Royal Bank of Scotland PLC (RBS, 'A'/Negative/'F1').

The scorecard is available at 'www.fitchratings.com'.

Additional information is available at www.fitchratings.com.

Applicable Criteria and Related Research: Churchill Loan Asset Securitisation Programme LLC

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=754150

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

Daniele Visentin, +44 20 3530 1371

Associate Director

Fitch Ratings Limited

30 North Colonnade

London E14 5GN

or

Akimasa Okada, +44 20 3530 1625

Analyst

or

Media Relations:

Sandro Scenga, +1 212-908-0278

sandro.scenga@fitchratings.com

Source: Fitch Ratings


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