(The following statement was released by the rating agency)
PARIS, January 07 (Fitch) Fitch Ratings has withdrawn the 'AAA'
Stable Outlook on the FCT Blue Star Guaranteed Home Loans
covered bonds secured
by French residential mortgage loans and issued by Credit du
KEY RATING DRIVERS
The rating action follows the full early redemption on 23
December 2013 of the
outstanding series 2 and 3 issued under the programme. The early
the bonds was carried out in accordance to the programme
Following this redemption of the bonds, they will no longer
appear on Fitch's
+33 (0)1 4429 9147
Fitch France S.A.S.
60 rue de Monceau
+33 (0)1 4429 9148
Media Relations: Francoise Alos, Paris, Tel: +33 1 44 29 91 22,
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Additional information is available at www.fitchratings.com.
Applicable criteria, 'Covered Bonds Rating Criteria', dated 10
'Counterparty Criteria for Structured Finance and Covered Bonds'
'Counterparty Criteria for Structured Finance and Covered Bonds:
Addendum', both dated 13May 2013, 'EMEA RMBS Master Rating
6June 2013, 'EMEA Criteria Addendum - France', dated 17June
2013, and 'Covered
Bonds Rating Criteria - Public Sector Liquidity and Spread
dated 1 February 2013, are available at www.fitchratings.com.
Applicable Criteria and Related Research:
Covered Bonds Rating Criteria
Counterparty Criteria for Structured Finance and Covered Bonds
Counterparty Criteria for Structured Finance and Covered Bonds:
EMEA RMBS Master Rating Criteria
EMEA Criteria Addendum â€“ France
Covered Bonds Rating Criteria - Public Sector Liquidity and
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