Business Wire | 26 days 16 hours 51 minutes ago

Fitch Rates Wells Fargo Stage Trust, Series 2009-75C Floater & Residual Certificates

Oct 29, 2009 10:56 AM CDT


NEW YORK-- (BUSINESS WIRE) -- Fitch Ratings assigns a rating of 'AA-/F1+' to the floater certificates and a rating of 'AA-' to the residual certificates of Wells Fargo Stage Trust, series 2009-75C.

The long-term 'AA-' rating is based on the rating that Fitch has assigned to the custody level credit enhancement provided by Wells Fargo & Company (currently rated 'AA-/F1+') securing the custodial receipts deposited in the trust.

The short-term 'F1+' rating is based on the liquidity facility provided by Wells Fargo & Company. The 'F1+' rating will expire on Oct. 15, 2010, the expiration date of the liquidity facility, unless such date is extended or earlier terminated.

Additional information is available at www.fitchratings.com.

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 Ratings, New York

Mary Jane Ziga, +1-212-908-0529

Cindy Stoller, +1-212-908-0526

cindy.stoller@fitchratings.com


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