(Reuters) - The rating action, along with warnings on four
collateralized debt obligations in late June, affect about $803
million in securities.
Fitch also said it has revised its CDO rating methodology
and has identified 170 U.S. subprime transactions as requiring
further analysis. Of those, the total amount of bonds rated in
the "BBB" category and below -- the most likely to face rating
actions -- is $7.1 billion.
Read more at Reuters.com Bonds News
collateralized debt obligations in late June, affect about $803
million in securities.
Fitch also said it has revised its CDO rating methodology
and has identified 170 U.S. subprime transactions as requiring
further analysis. Of those, the total amount of bonds rated in
the "BBB" category and below -- the most likely to face rating
actions -- is $7.1 billion.
Read more at Reuters.com Bonds News
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