Fitch affirms Salomon Swapco

Fitch Ratings said it has affirmed the issuer default rating and counterparty rating of Salomon Swapco Inc. as follows: long-term issuer default rating at AAA and counterparty rating at AAA.

The outlook is stable.

The agency said that Salomon Swapco is a stand-alone, bankruptcy-remote entity and ratings are based on Swapco's strong capital base, high counterparty credit quality and conservative investment and operating guidelines.

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