Withdraws ORIX Financial's Senior Debt Rating
Ratings-New York Fitch Ratings withdraws the 'BBB' senior debt rating
for ORIX Financial Services, Inc. (OFS). OFS' remaining $1 million of
rated debt matures on Nov. 24, 2003. It is expected that the company's
future funding needs will be met through cash down streamed from its
parent, ORIX Corp. in the future. Fitch will no longer provide analytical
services for this issuer.
Philip S. Walker, Jr., CFA +1-212-908-0624, New York