Fitch Ratings has assigned an 'F1sf' rating to the short-term notes issued by Compo Funding Company, LLC (Compo). Compo is a bankruptcy-remote special-purpose vehicle that issues notes to fund various financial assets sponsored by Nearwater Liquid Markets, LLC. The rating is based on the strong credit quality of support providers, adequate program management by Nearwater and U.S. Bancorp Fund Services, LLC, and the robust legal structure that ensures match-funding of transactions.

<p>Fitch Ratings has assigned an 'F1sf' rating to Compo Funding Company, LLC's short-term notes. Compo is a special-purpose vehicle managed by Nearwater Liquid Markets, LLC and administered by U.S. Bancorp Fund Services. The rating reflects the credit quality of support providers and the structured finance of transactions. Changes in the support provider's rating will directly affect the notes' rating. The legal structure ensures funds are available to pay note holders at maturity.</p>

Fitch Rates Compo Funding Company, LLC's Short-Term Notes 'F1sf'