TEXT-Fitch downgrades Titan Europe 2006-2 Plc


(The following statement was released by the rating agency) Sept 25 - Fitch Ratings has downgraded all Titan Europe 2006-2 plc's floating-rate notes except the cash-collateralised Class X notes, which have been affirmed. EUR377.9m Class A (XS0254356990) downgraded to 'BBB+' from 'AAA'; Outlook Negative EUR5,000 Class X (XS0254357022) affirmed at 'AAA'; Outlook Stable EUR61.7m Class B (XS0254357378) downgraded to 'BB' from 'AAA'; Outlook Negative EUR44.1m Class C (XS0254357881) downgraded ...

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