Fitch Withdraws Market Street Funding LLC ABCP Rating

Business Wire

NEW YORK--(BUSINESS WIRE)--

Fitch Ratings has withdrawn the 'F1sf' rating assigned to the asset backed commercial paper notes (ABCP) issued by PNC Bank's (PNC) Market Street Funding LLC (Market Street). As of Nov. 4, 2013, all outstanding Market Street ABCP has been paid in full and PNC does not intend to issue new ABCP out of the vehicle.

Additional information is available at www.fitchratings.com.

Applicable criteria and Related Research:
--"Global Rating Criteria for Asset-Backed Commercial Paper", Nov. 7, 2013.

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Contact:
Fitch Ratings
Lead Analyst:
Phillip Chan, +1 212-908-0745
Director
Fitch Ratings, Inc.
1 State Street Plaza
New York, NY 10004
or
Committee Chairperson:
Kevin Corrigan, +1 212-908-9156
Senior Director
or
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Sandro Scenga, +1 212-908-0278
sandro.scenga@fitchratings.com

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