Events | 2010.03.27
Fitch Affirms 1 & Downgrades 1 Class of Independence I CDO, Ltd./Inc.
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed one class and downgraded one class of notes issued by Independence I CDO, Ltd. Inc. (Independence I) as a result of continued credit deterioration in the portfolio since Fitch\'s last rating action in March 2009. The details of the rating action follow at the end of this press release. Independence I entered an event of default in September 2004 due to aggregate portfolio balance declining below the aggregate outstanding balance of notes. Due
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