Fitch gives Lennar notes BBB+

Fitch Ratings said it assigned BBB+ ratings to these issues for Lennar Corp.'s $250 million 5.95% senior notes due Oct. 17, 2011 and $250 million 6.50% senior notes due April 15, 2016.

Lennar's issuer default rating is currently BBB+, Fitch added.

The outlook is stable.

The ratings and outlook reflect the company's continuing solid financial performance and the expectation that Lennar's credit profile will be maintained as it executes its business model and continues to grow, the agency added.

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