Fitch defines ‘AA’ rating to Goldman Sachs Custodial Receipt 41TP CR-1(CR-1) based on a custody level credit enhancement provided by Wells Fargo & Company (Wells).
The deposit of CR-1 into GS Trust series 2006-41TP (Trust) will result in the upgrade to ‘AA’ from ‘AA-‘ of the long-term component of the rating assigned to the series 2006-41TP floater certificates (Floaters) and the rating assigned to the series 2006-41TP residual certificates (formerly based on the rating that Fitch assigned to the bonds deposited in the Trust).
The ‘F1+’ short-term component of the rating assigned to the Floaters based on the short-term rating assigned to Wells remains unchanged.
L.D.