TEXT-Fitch assigns Turquoise 2012-1 final ratings
Posted on June 28, 2012 at 12:33 PM EDT
June 28 - Link to Fitch Ratings' Report: Turquoise Credit Card Backed Securities plc: Series 2012-1June 28 - Fitch Ratings has assigned Turquoise Credit Card Backed Securities plc series 2012-1 class A and class B notes backed by UK credit card receivables originated by HSBC Bank plc (HSBC, 'AA'/Negative/'F1+') final ratings, as follows: USD750.0m Series 2012-1 Class A: 'AAAsf'; Outlook Stable GBP33.0m Series 2012-1 Class B: 'Asf'; Outlook Stable Fitch has also reviewed and affirmed the rating