Fitch to Rate Sierra Timeshare 2009-1 Receivables Funding, LLC; Presale Issued

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Tue May 19, 2009 1:51pm EDT

CHICAGO--(Business Wire)--
Fitch Ratings expects to assign the following rating to Sierra Timeshare 2009-1
Receivables Funding, LLC: 

--$100,000,000 class A 'AAA'. 

The presale report is available to all investors on Fitch's web site at
www.fitchratings.com. For more information about Fitch's comprehensive
subscription service, FitchResearch, which includes all presale reports,
surveillance, and credit reports on more than 20 asset classes, contact product
sales at +1-212-908-0800 or webmaster@fitchratings.com. 

Fitch's rating definitions and the terms of use of such ratings are available on
the agency's public site, www.fitchratings.com. Published ratings, criteria and
methodologies are available from this site, at all times. Fitch's code of
conduct, confidentiality, conflicts of interest, affiliate firewall, compliance
and other relevant policies and procedures are also available from the 'Code of
Conduct' section of this site. 





Fitch Ratings
Du Trieu, +1-312-368-2091 (Chicago)
Bradley Sohl +1-312-368-3127 (Chicago)
Media Relations:
Sandro Scenga, +1 212-908-0278 (New York)
sandro.scenga@fitchratings.com



Copyright Business Wire 2009

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