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Fitch Takes Various Ratings Actions on the City of Chicago GO VRDBs Series 2002 B-3 and B-5

CHICAGO--(BUSINESS WIRE)-- The rating action referenced in Fitch Ratings' Oct. 1, 2012 press release (Fitch to Take Various Ratings Actions on the City of Chicago GO VRDBs Series 2002 B-3 and B-5), is effective today (Oct. 2, 2012).

Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

--'U.S. Municipal Structured Finance Criteria' (Feb. 28, 2012);

--'Rating Guidelines for Letter of Credit-Supported Bonds' (June 20, 2012);

--'Dual-Party Pay Criteria for Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds' (March 9, 2012).

Applicable Criteria and Related Research:

U.S. Municipal Structured Finance Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570

Rating Guidelines for Letter of Credit-Supported Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=681737

Dual-Party Pay Criteria for Long-Term Ratings on LOC-Supported U.S. Public Finance Bonds

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=673910

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Fitch, Inc.
Primary Analyst
Trudy Zibit, +1-212-908-0689
Managing Director
One State Street Plaza
New York, NY 10004
or
Secondary Analyst
Robert O'Brien, +1-212-908-9136
Committee Chairperson
or
Ronald McGovern, +1-212-908-0513
Senior Director
or
Media Relations
Elizabeth Fogerty, +1-212-908-0526
elizabeth.fogerty@fitchratings.com

Source: Fitch Ratings