Fitch Rates CCR Inc. MT-100 Payment Rights Master Trust $150MM 2008-A Notes ´A-´

Fitch Ratings has assigned an ´A-´ rating to CCR Inc. MT-100 Payment Rights Master Trust´s $150 million series 2008-A notes. In addition, Fitch has assigned an Issuer Default Rating (IDR) to CCR Inc. MT-100 Payment Rights Master Trust at ´A-´. The series 2008-A notes represent senior undivided interest in the trust assets. The series 2008-A issuance has a fixed interest rate. This new issuance, series 2008-A, is expected to add $150 million to a diversified payment rights (DPRs) program with approximately $880 million outstanding, bringing the total balance of all series to over $1 billion. The program´s notes are backed by the collections generated from future and existing U.S. dollar denominated DPRs originated by Banco de Credito del Peru (BCP). Upon their generation, the trust will have rights to the DPRs through accounts... [read full story]