TEXT-Fitch keeps AyT FTPYME II FTA on watch negative
Posted on June 25, 2012 at 12:21 PM EDT
June 25 - Fitch Ratings has maintained the Rating Watch Negative (RWN) on AyT FTPYME II, F.T.A.'s senior notes and upgraded the junior notes as follows: EUR10.1m Class F2 (ISIN ES0312363015): 'AA-sf'; maintained on RWN EUR40.2m Class T2 (ISIN ES0312363023): 'AA-sf'; maintained on RWN EUR34.0m Class F3 (ISIN ES0312363031): Upgraded to 'BB+sf' from 'BBsf'; Outlook Stable Following the downgrade of Banco Santander S.A. to 'BBB+'/Negative/'F2', the entity is no longer deemed eligible to perform