Rating Agency Developments - September 07, 2012

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On August 30, Fitch issued a release on the potential wide-ranging implications for structured finance transactions by FATCA. Fitch Release.

On August 28, Moody’s released a report summarizing, by industry sector, the multiples of rent expense that are generally used in global standard adjustments to capitalize leases that companies account for as operating leasesMoody’s Report.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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