[December 04, 2012]

Fitch Releases Updated Criteria for Analyzing U.S. Wireless Tower Transactions

Link to Fitch Ratings' Report: Criteria for Analyzing U.S. Wireless Tower Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm rpt_id=696123

Fitch Ratings has released an updated criteria report for analyzing U.S. wireless tower securitizations.

The core of Fitch's U.S. wireless tower securitization criteria has not changed. Therefore, there are no rating implications for existing or new transactions.

The new report replaces Fitch's Dec. 5, 2011 criteria of the same name.

The revised report is available at 'www.fitchratings.com' or by clickingon the link.

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--'Global Structured Finance Rating Criteria' (June. 6, 2012);

--'U.S. Commercial Mortgage Servicer Rating Criteria' (Feb. 18, 2011);

--'Criteria for Analyzing Large Loans in U.S. Commercial Mortgage Transactions' (Sept. 21, 2012);

--'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions' (Dec. 21, 2011);

--'Managing and Developing Criteria and Models' (April 4, 2012);

--'Counterparty Criteria for Structured Finance Transactions' (May 30, 2012);

--'Criteria for Special-Purpose Vehicles in Structured Finance Transactions' (May 30, 2012);

--'Criteria for Rating Caps in Global Structured Finance Transactions' (Aug. 2, 2012);

--'Criteria for Servicing Continuity Risk in Structured Finance, Aug ___, 2012.

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.

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