NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a 'F1+' rating to the RBC Municipal floater notes (floater notes) of the RBC Taxable TOB Trust, series E-60. KEY RATING DRIVERS The 'F1+' rating assigned to the floater notes is based on the rating that Fitch has assigned to the irrevocable direct-pay letter of credit (LOC) issued by Royal Bank of Canada, acting through a New York branch (RBC, rated 'AA/F1+', Stable Outlook) which provides payment of full and sufficient coverage of principal plus
| < Prev | Next > |
|---|
