TEXT-Fitch ups two MMFSL's ABS transactions


(The following statement was released by the rating agency) Oct 03- Fitch Ratings has upgraded MMFSL DA Sept 2009 - 1 and MMFSL DA June 2010 - 1 as follows: MMFSL DA Sept 2009 - 1 INR401.2m purchaser payouts upgraded to 'Fitch AA+(SO)(ind)' from 'Fitch AA(SO)(ind)'; Outlook Stable MMFSL DA June 2010 - 1 INR711.6m purchaser payouts upgraded to 'Fitch AA+(SO)(ind)' from 'Fitch AA(SO)(ind)'; Outlook Stable These ABS transactions are backed by pools of new tractor loans originated by ...

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