Fitch Downgrades 7 Classes of Crystal River CDO 2006-1; Off Rating Watch Negative.

Business WireApril 24, 2008

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Fitch Downgrades 7 Classes of Crystal River CDO 2006-1; Off Rating Watch Negative.

NEW YORK -- Fitch Ratings has downgraded seven classes and affirmed three classes of notes issued by Crystal River Resecuritization CDO 2006-1, Ltd. /LLC (Crystal River 2006) as follows:

--$222.5 million class A affirmed at 'AAA';

--$3...

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