Fitch to Rate Michigan Tobacco Settlement Financing Authority, Series 2008

Business Wire,  June 4, 2008  

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NEW YORK -- Fitch expects to rate Michigan Tobacco Settlement Finance Authority, tobacco settlement asset-backed bonds as follows:

--$123,135,000 Series 2008A senior current interest turbo term bonds, due June 1, 2038, 'BBB+'

--$64,079,176 Series 2008B capital appreciation turbo term bonds, due june 1, 2058, 'BBB-'

For more information, see the Michigan Tobacco Settlement Finance Authority, Series 2008 presale report, available to all investors on Fitch's corporate web site, www.fitchratings.com.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

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