Fitch affirms ratings on Taishin Credit Card Receivables ABS transaction
Fitch Ratings has affirmed the ratings on Taishin Credit Card Receivables Special Purpose Trust Series 2005-1 (Taishin) as follows:
- NTD8,700 million Class A Beneficiary Certificates: ‘AAA(twn)’; — www.theasianbanker.com (August 29 2007)–
At the same time, the agency upgraded the subordinated debt rating of BTMU, as well as affirmed the rest of the ratings of both banks. Fitch also upgraded the rating on the preferred securities issued by MUFG’s funding vehicles, MUFG Capital Finance 4 Limited and MUFG Capital Finance 5 Limited, in January 2007 to ‘A’ from ‘A-’ (A-minus).
The ratings of both banks are stated below: — www.theasianbanker.com (August 29 2007)–