Fitch affirms Cidatel

Fitch Ratings said it affirmed the issuer default ratings and other outstanding debt ratings of Cidatel Kensington Global Strategies Fund Ltd. and Citadel Wellington LLC and its subsidiary as follows: Citadel Kensington's long-term issuer default rating BBB+, Citadel Wellington's long-term issuer default rating BBB+ and Citadel Finance Ltd.'s long term issuer default rating of BBB+, short term issuer F2, senior unsecured BBB+ and short-term issuer default rating F2.

The outlook is stable.

Fitch said that the affirmation follows a review of the funds' performance, strategies, risk management and funding diversification, noting that ratings are based on strong market and liquidity risk management controls as well as robust risk management and technology.

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