On the heels of last week's launch of Structured Finance
Distressed Recovery (DR) ratings, Fitch Ratings will discuss this
latest ratings initiative in more detail during a conference call
tomorrow morning at 10:00 a.m. ET.
Managing Director Marion Silverman will elaborate on the rationale behind Fitch's new DR ratings, which are designed to estimate recoveries on a forward-looking basis and currently affect over 977 distressed and defaulted tranches across US and European structured finance transactions. Prepared remarks will last approximately 15-20 minutes and will be accompanied by a slide presentation, with a Q&A session immediately following the presentation.
Following are the details of tomorrow's teleconference:
-- Tuesday May 9; 10:00 a.m. ET
-- Conference ID: 188289
-- U.S./Canada: +1-866-548-2699
-- International: +1-904-596-2360
-- Call Leader: Marion Silverman
The slide presentation will be available on the Fitch Ratings web site at www.fitchratings.com in the 'Resource Library' under 'Teleconferences and Online Events'. A replay of the teleconference will be available this afternoon. Interested parties should dial +1-888-284-7564 and provide the reference number '188289'. The replay will also be archived on the Fitch Ratings web site for three months. The replay link is also located at www.fitchratings.com.
Participants should dial in 10 minutes prior to the start of the call. If you have questions prior to the teleconference, please e-mail Marion Silverman at marion.silverman@fitchratings.com.
For more information on Fitch's DR ratings for structured finance, see the April 26 release ('Fitch Launches Distressed Recovery Ratings For 977 Structured Finance Classes'), which is available on the Fitch Ratings web site at www.fitchratings.com.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 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.
Managing Director Marion Silverman will elaborate on the rationale behind Fitch's new DR ratings, which are designed to estimate recoveries on a forward-looking basis and currently affect over 977 distressed and defaulted tranches across US and European structured finance transactions. Prepared remarks will last approximately 15-20 minutes and will be accompanied by a slide presentation, with a Q&A session immediately following the presentation.
Following are the details of tomorrow's teleconference:
-- Tuesday May 9; 10:00 a.m. ET
-- Conference ID: 188289
-- U.S./Canada: +1-866-548-2699
-- International: +1-904-596-2360
-- Call Leader: Marion Silverman
The slide presentation will be available on the Fitch Ratings web site at www.fitchratings.com in the 'Resource Library' under 'Teleconferences and Online Events'. A replay of the teleconference will be available this afternoon. Interested parties should dial +1-888-284-7564 and provide the reference number '188289'. The replay will also be archived on the Fitch Ratings web site for three months. The replay link is also located at www.fitchratings.com.
Participants should dial in 10 minutes prior to the start of the call. If you have questions prior to the teleconference, please e-mail Marion Silverman at marion.silverman@fitchratings.com.
For more information on Fitch's DR ratings for structured finance, see the April 26 release ('Fitch Launches Distressed Recovery Ratings For 977 Structured Finance Classes'), which is available on the Fitch Ratings web site at www.fitchratings.com.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, 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.