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Published on 7/28/2008 in the Prospect News Investment Grade Daily.

Fitch affirms BOK Financial

Fitch Ratings said it affirmed BOK Financial Corp.'s long- and short-term issuer default ratings as follows: long-term issuer default rating at A- and short-term issuer default rating F1.

The agency said that the rating affirmation follows BOK Financial's disclosure of its exposure to SemGroup, LP, which recently filed for bankruptcy protection following large trading losses.

Fitch added that BOK Financial had credit exposure through loans and derivative contracts totaling $147 million.


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