Fitch Places 3 Classes from TABERNA Preferred Funding III on Rating Watch Negative.

Business Wire (July 14, 2008)


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Headnotes:

Extract:

Fitch Places 3 Classes from TABERNA Preferred Funding III on Rating Watch Negative.

NEW YORK -- Fitch Ratings has placed the following notes of TABERNA Preferred Funding III, Ltd. (Taberna III) on Rating Watch Negative:

--$36,933,179 class C-1 'BB';

--$52,780,911 class C-2 'BB';

...



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