Fitch Withdraws Peachtree Franchise Loan Notes, Series 1999-A
--Class C 'Dsf'/RE 50%;
--Class D 'Dsf'/RE 0%;
--Class E 'Dsf'/RE 0%.
KEY RATING DRIVERS
Fitch has withdrawn the 'Dsf' ratings as classes C, D, and E, have defaulted. Accordingly, Fitch will no longer provide ratings or analytical coverage. Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. (For additional information, see Fitch's press release from May 13, 2015 detailing the planned rating action and providing a 30-day notice period for the withdrawal.)
RATING SENSITIVITIES
The Recovery Estimate of 50% on the class C notes may be different than expected if any of the remaining loans have performance issues.
DUE DILIGENCE USAGE
No third party due diligence was provided or reviewed in relation to this rating action.
Комментарии