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Published on 3/19/2010 in the Prospect News Investment Grade Daily.

Fitch upgrades Financial Federal Credit

Fitch Ratings said it upgraded Financial Federal Credit Inc.'s long-term issuer default rating to A- from BBB+ and short-term issuer default rating to F1 from F2 and then withdrew the ratings upon the completion of a merger by its parent, Financial Federal Corp., with People's United Financial.

The ratings of Financial Federal Credit were upgraded to align them with those of People's United Bank, the agency said.


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