NEW YORK--(BUSINESS WIRE)--Fitch Ratings has chosen to withdraw the ratings for iStar Financial for commercial reasons. Fitch has affirmed and withdrawn the following ratings: --Issuer Default Rating (IDR) at 'B'; --2012 senior secured tranche A-2 due March 2017 at 'BB/RR1'; --Senior unsecured notes at 'BB-/RR2'; --Convertible senior notes at 'BB-/RR2'; --Preferred stock at 'CCC/RR6'. The Rating Outlook is Positive. KEY RATING DRIVERS The 'B' IDR is driven by lower leverage and material reducti
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