TEXT-Fitch release on Bowler Finance PLC class A notes

Newswire

(The following statement was released by the ratings agency) Sept 23 - Fitch Ratings has today affirmed Bowler Finance PLC's (the issuer) Class A notes at 'AAA' with a Stable Outlook following the restructuring of the RMBS deal. The transaction, a securitisation of near-prime residential and buy-to-let mortgages originated by GMAC-RFC Limited (GMAC) and Kensington Mortgage Company Limited (KMC) respectively, closed in July 2008. Under the restructuring Bradford and Bingley plc ...

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