Fitch Rates Wells Fargo Stage Trust, Series 2009-68Z & 69C Floater & Residual Ctfs
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NEW YORK--(Business Wire)-- Fitch Ratings has assigned ratings of 'AA-/F1+' to the floater certificates and ratings of 'AA-' to the residual certificates of Wells Fargo Stage Trust, series 2009-68Z and 2009-69C. The long-term 'AA-' ratings are based on the custody level credit enhancements provided by Wells Fargo & Company (currently rated 'AA-/F1+' by Fitch) securing the custodial receipts of each series deposited into the trust. The short-term 'F1+' ratings are based on each series liquidity facility provided by Wells Fargo & Company. The 'F1+' ratings will expire on Sept. 15, 2010, the expiration date of each liquidity facility, unless such date is extended or earlier terminated. Additional information is available at 'www.fitchratings.com'. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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, New York Mary Jane Ziga, +1-212-908-0529 Media Relations Brian Bertsch, +1-212-908-0549 brian.bertsch@fitchratings.com Sandro Scenga, +1-212-908-0278 sandro.scenga@fitchratings.com Copyright Business Wire 2009
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