OREANDA-NEWS. Fitch Ratings has withdrawn the French-based Metropolitan Community of Saint-Quentin-en-Yvelines' (CASQY) 'A+' Long-term foreign and local currency Issuer Default Ratings (IDRs) with Stable Outlooks and its 'F1' Short-term foreign currency IDR. The 'A+' Long-term rating on the outstanding senior bond issue has also been withdrawn.

Under EU credit rating agency (CRA) regulation, the publication of sovereign (including by CRA definition regional or local authorities of a state) reviews is subject to restrictions and must take place according to a published schedule, except where it is necessary for CRAs to deviate from this in order to comply with their legal obligations. The next review of CASQY's ratings was scheduled on 20 November 2015.

KEY RATING DRIVERS
Fitch has withdrawn the ratings as CASQY has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for CASQY.

RATING SENSITIVITIES
Not applicable