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Fitch Rates Citigroup Trust II-R Series 1125 ROCs & ROLs


  • Press Release
  • Source: Fitch Ratings
  • On 11:54 am EST, Thursday November 5, 2009

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a rating of 'AA/F1+' to the Citigroup Global Markets, Inc. Trust II-R series 1125 reset option certificates (ROCs) and a rating of 'AA' to the series 1125 reset option longs (ROLs). The long-term 'AA' rating is based on the rating that Fitch has assigned to the South Carolina Public Service Authority, revenue obligations, series 2009 tax-exempt series E, deposited into the trust. The short-term 'F1+' rating is based on the shortfall liquidity agreement guaranteed by Citigroup Inc. The short-term rating will expire on Sept. 15, 2010, the expiration date of the shortfall liquidity agreement, 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.

Contact:

Fitch Ratings, New York
Mary Jane Ziga, +1-212-908-0529
Media Relations
Cindy Stoller, +1-212-908-0526
cindy.stoller@fitchratings.com

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