Business Services Industry
Fitch Withdraws Clough Global Equity Fund's AMPS Rating
Business Wire, May 5, 2008
NEW YORK -- Fitch Ratings has withdrawn the 'AAA' rating assigned to the Clough Global Equity Fund's (NYSE:GLQ) series M-28 and F-7 auction market preferred shares (AMPS).
Fitch is withdrawing the rating following the full redemption of AMPS with proceeds obtained from overnight collateralized financing with a financial institution.
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