Fitch CDO Rating Proposal Has Players Crunching Numbers
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Fitch CDO Rating Proposal Has Players Crunching Numbers

Structurers and investors last week were digesting a proposal from Fitch Ratings to significantly change the way that it rates corporate-backed collateralized debt obligations, a move that could prompt investment-grade synthetic CDO downgrades of an average of five notches, even at the AAA-level.

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