CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has downgraded and withdrawn the rating of one class of notes issued by Talcott Notch CBO I Ltd./Corp. as follows:

--$1,939,183 class B-2L notes downgraded to 'Dsf' from 'Csf/RR2' and withdrawn.

The transaction's final maturity date occurred on Oct. 31, 2011, at which time the class B-2L notes received their full current and deferred interest payments along with approximately $3.3 million of principal. The class B-2L notes have defaulted since they have not paid their full principal amount by the final maturity date. The rating of the B-2L notes is withdrawn due to the default of the tranche.

Talcott Notch CBO I Ltd./Corp. was a collateralized bond obligation that closed Oct. 20, 1999 and was managed by General Re-New England Asset Management, Inc.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

The information used to assess these ratings was sourced from note valuation reports and the public domain.

Applicable Criteria and Related Research:

--'Global Structured Finance Rating Criteria' (Aug. 4, 2011);

--'Global Rating Criteria for Corporate CDOs' (Aug. 10, 2011).

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=646569

Global Rating Criteria for Corporate CDOs

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=641789

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CONTACT:

Fitch Ratings
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Aaron Hughes, +1-312-368-2074
Director
70 West Madison Street
Chicago, IL 60602
or
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Derek Miller
Senior Director
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sandro.scenga@fitchratings.com

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