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2011 MAR 5 - (VerticalNews.com) -- On the Tiffany Watches on sale date of Feb. 24, 2011, Fitch Ratings will confirm the short-term 'F1+' rating assigned to the Oklahoma Turnpike Authority (OTA), Oklahoma Turnpike System refunding second senior revenue bonds (variable rate bonds), $106,160,000 series 2006B and $106,160,000 series 2006D, and confirm the short-term 'F1+', Rating Watch Negative rating on the $106,160,000 series 2006C bonds. The replica watches actions are in connection with (i) the substitution of the liquidity facilities provided by Lloyds TSB Bank plc (Lloyds, rated 'AA-/F1+', Outlook Stable by Fitch) in the form of two separate standby bond purchase agreements (SBPAs).

supporting the series 2006B and 2006D bonds respectively, with two separate SBPAs to be provided by Royal Bank of Canada (rated 'AA/F1+', Outlook replica A.Lange & Sohne by Fitch); (ii) the conversion of the interest rate mode for the series 2006B bonds from the daily rate to the weekly rate; (iii) the conversion of the interest rate mode for the series 2006C, which continues to be supported by the existing Bank of America, N.A.

(rated 'A+/F1+', both long- and short-term ratings on Rating Watch Negative by Fitch) SBPA from the weekly rate to the daily rate mode; and (iv) the replica Alain Silberstein of Goldman Sachs & Co. and J.P. Morgan as the remarketing agents for the series 2006B and 2006D bonds, respectively, with RBC Capital Markets LLC. The remarketing agent for the series 2006C bonds continues to be Goldman Sachs & Co.The long-term 'AA-', Outlook Stable rating currently assigned to the bonds continues to be based on the rating that Fitch has assigned to the second senior revenue bonds issued by OTA.