Fitch: Falling U.S. Corporate Recovery Prospects & CLO Impact Replay & Slides Available

NEW YORK--(Business Wire)--
Fitch Ratings held a webcast earlier today to discuss U.S. corporate default
trends, the pronounced decline in realized recovery rates on loans and bonds and
credit implications for CLOs.

A replay of the webcast is available on the Fitch Ratings web site at
www.fitchratings.com under the following headers:

About Us >> Teleconferences & Online Events

The accompanying slide presentation is also available at www.fitchratings.com
under:

Market Focus >> Credit Market Research >> Research

Sectors >> Corporate Finance >> Leveraged Finance >> Credit Market Research

Sectors >> Structured Finance >> Structured Credit >> Credit Market Research

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, New York
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