Classes A, B, and C of notes issued by Sunrise CDO I have been placed on Rating Watch Negative by Fitch Ratings.The action was attributed to deteriorating credit quality that has increased credit risk. The transaction is a collateralized debt obligation supported by asset-backed securities, residential and commercial mortgage-backed securities, CDOs, and corporate debt securities. Fitch can be found online at http://www.fitchratings.com.
Fitch Eyes Sunrise CDO Notes
July 21, 2005, 2:00 p.m. EDT 1 Min Read
