Fitch Rates Cantor Fitzgerald's Senior Notes 'BBB'
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned a 'BBB' rating to the senior notes issued by Cantor Fitzgerald, L.P. (Cantor). These fixed-rate, ten-year obligations are unsecured, ranking equally with other unsecured senior indebtedness at Cantor. Proceeds of the new issue will be used for general corporate purposes, which may include repayment of existing senior notes. Fitch recently assigned Issuer Default Ratings (IDRs) to Cantor on Oct. 2, 2009.
For additional information, refer to Fitch's most recent press release 'Fitch Rates Cantor Fitzgerald's L-T IDR 'BBB'; Outlook Stable' dated Oct. 6, 2009 and available on the Fitch Ratings web site at 'www.fitchratings.com'.
Fitch currently rates Cantor as follows:
Cantor Fitzgerald, L.P.:
--Long-term IDR 'BBB';
--Short-term IDR 'F2'
--Senior debt 'BBB'.
The Rating Outlook is Stable.
Additional information is available at 'www.fitchratings.com'.
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Source: Fitch Ratings
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