TEXT-Fitch rates VCL Master S.A., Compartment 2


(The following statement was released by the rating agency) Feb 25 - Fitch Ratings has today assigned VCL Master S.A., Compartment 2's EUR431m auto lease transaction the following ratings: Series 2010-1 (EUR75m/ ISIN: XS0487713512): 'AAA'; Outlook Stable; Loss Severity (LS) Rating of 'LS- 2' Series 2010-2 (EUR50m/ ISIN: XS0487714247): 'AAA'; Outlook Stable; 'LS- 2' Series 2010-3 (EUR50m/ ISIN: XS0487714320): 'AAA'; Outlook Stable; 'LS-2' Series 2010-4 (EUR75m/ ISIN: XS0487714593): ...

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