Fitch Rates Wells Fargo Stage Trust, Series 2009-80Z Floater & Residual Certificates

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Thu Nov 12, 2009 11:50am EST

NEW YORK--(Business Wire)--
Fitch Ratings assigns a rating of 'AA-/F1+' to the floater certificates and a
rating of 'AA-' to the residual certificates of Wells Fargo Stage Trust, series
2009-80Z. The long-term 'AA-' rating is based on the custody level credit
enhancement provided by Wells Fargo & Company (currently rated 'AA-/F1+')
securing the custodial receipts deposited into the trust. The short-term 'F1+'
rating is based on the liquidity facility provided by Wells Fargo & Company. The
'F1+' rating will expire on Oct. 15, 2010, the expiration date of the 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
Cindy Stoller, +1-212-908-0526 (Media Relations, New York)
cindy.stoller@fitchratings.com

Copyright Business Wire 2009

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