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Fitch Affirms AP WIP Holdings, LLC Notes Maturing 2019

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following rating on AP WIP Holdings, LLC notes: --$115 million notes maturing 2019 at 'BBBsf'; Outlook Stable. KEY RATING DRIVERS The loan is secured by: perfected first mortgage liens on the interests of the asset entities in fee assets, ground leased assets, and other sites representing approximately 96.9% of the issuer net cash flow (NCF) from all such assets; and the equity interests of the issuers and each asset entity, as well as va

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