[March 27, 2015] |
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Fitch Releases Updated Criteria for Analyzing U.S. Wireless Tower Transactions; No Rating Impact
Fitch Ratings has released an updated criteria report for analyzing U.S.
wireless tower transactions.
There have been no material changes to Fitch's U.S. criteria for rating
wireless tower transactions. Therefore, there are no rating implications
for existing or new transactions. As part of the update, Fitch is
providing increased detail on rating category-specific debt service
coverage ratio (DSCR) attachment points.
The new report replaces Fitch's Nov. 19, 2014 criteria.
The revised report is available at 'www.fitchratings.com'
or by clicking on the link.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
-- Criteria for Servicing Continuity Risk in Structured Finance (July
2014)
-- Global Structured Finance Rating Criteria (August 2014);
-- Criteria fr Analyzing Large Loans in U.S. Commercial Mortgage
Transactions (March 2015);
-- Rating Criteria for U.S. Commercial Mortgage Servicers (February
2014);
-- U.S. Fixed-Rate Multiborrower CMBS Surveillance and Re-REMIC Criteria
(December 2014);
-- Managing and Developing Criteria and Models (January 2015);
-- Criteria for Rating Caps and Limitations in Global Structured Finance
Transactions (May 2014);
-- Counterparty Criteria for Structured Finance and Covered Bonds (May
2014).
Applicable Criteria and Related Research: Criteria for Analyzing U.S.
Wireless Tower Transactions
Applicable Criteria and Related Research: Criteria for Analyzing U.S.
Wireless Tower Transactions
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=863223
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 (News - Alert) 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.
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