press release
20/12/2007

After Moody's, FSA AAA with Stable Outlook rating affirmed by S&P

On December 19, Standard & Poor's updated its evaluation of US mortgage market stress on the ratings of financial guaranty companies.
 
The AAA rating with Stable Outlook of FSA was affirmed.
 
According to S&P this reflects the fact that “FSA has a long history of underwriting conservatism and compared to other companies in the industry, has less nonprime RMBS exposure".
 
FSA Holdings Ltd. is a member of Dexia Group.
 
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