Quality | 2010.03.23
Fitch Affirms Ranger's 'F1+' CP Rating
NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the \'F1+\' rating assigned to asset-backed commercial paper (ABCP) issued by Ranger Funding Company, LLC (Ranger). Criteria described in \'Global Rating Criteria for Asset-Backed Commercial Paper\' (Oct. 22, 2009) and \'Global Structured Finance Rating Criteria\' (Sept. 30, 2009) were used for the rating review. The affirmation is based on the analysis of the underlying collateral quality, the credit and liquidity support, and the legal structure of th
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