yule midsummer

Who: Mike Zafirovski, President and Chief Executive Officer
Peter Currie, Executive Vice President and Chief Financial
Officer
Terry Glofcheskie, Vice President Investor Relations

When: 8:00 a.

lammas beltane

There are eight of them within a year.

sabbat wicca

Business Editors

CHICAGO----Fitch Ratings today
released the 'Latin American Structured Finance 2004 Year in Review
and Outlook for 2005.

candlemas lammas

The major story for the cross-border market continued to be Brazil
with 11 deals completed in 2004, out of 15 for the entire market.

candlemas vawr

com

TORONTO , March 9 -

What: Nortel will host a teleconference/audio webcast with the
investment community.nortel.

What is a Sabbat? It is a holy day celebrated by Pagans.

selena ostara

pagan sabbat

energies norse

Advisory - Nortel financial analysts' teleconference

Fitch: Latin American Structured Finance 2004 Year in Review + Outlook

com

shadows lughnasadh

bewitching energies

com/teleconference


Replay: You can listen to the replay at:
- North America 1-800-383-0935 Passcode: 21285361 followed
by the number sign
- International 1-402-530-5545 Passcode: 21285361 followed
by the number sign
This replay is available until 5:00pm ET on April 6, 2006

Audio webcast replay:
http://www.

sabbat shadows

nortel.

sabbat samhain

m.
Continued capacity constraints from monolines, coupled with a
tightening of interest rate spreads, will likely limit the number of
wrapped transactions.

midsummer candlemas

' The report includes data and explanation of
both cross-border and local market structured finance issuance.
The report explains that 2004 was a fairly bland year for Latin
American cross-border structured finance.
For more information on this topic, see the special report 'Latin
American Structured Finance 2004 Year in Review and 2005 Outlook,'
available on the Fitch Ratings web site at 'www.

ostara eostara

fitchratings.

Each section will further explain and give knowledge about them.

sabbat energies

samhain mabon

yule eostara

While there were a few new issuers, the markets
were relatively tame in the sense that the majority of companies
coming to market were repeat issuers.

shadows mabon

8:00 a.m.

shadows pagan

nortel.

equinox eostara

- North America 1-888-211-4395
- International 1-212-231-6007

To participate via the audio webcast, please visit the following
webpage at least 15 minutes prior to the start of the event.

vawr sabbat

http://www. By dollar amount and number
of deals, issuance volumes in the cross-border capital markets were
far below 2003 levels.
Fitch expects credit trends to remain stable in 2005.

lughnasadh vawr

ET, Friday, March 10, 2006

Where: To participate via the teleconference, please call the following
numbers at least 15 minutes prior to the start of the event.com/teleconference

bewitching equinox

However, eight of Brazil's deals added to existing programs
securitizing future flow receivables, as well as one repeat political
risk insured (PRI ) deal.

litha sabbat

Eastern Time
Friday, March 10, 2006

http://www. While Fitch
would be surprised to see the dollar volume of cross-border issuances
for 2005 greatly exceed 2004, there are several companies throughout
the region that could access the market with structured financing.

lughnasadh candlemas

---

- - kjjkjk

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