NEW YORK (Standard&Poor's) June 11, 2009--Standard&Poor's Ratings Services corrected and lowered its rating on San Francisco City and County Redevelopment Agency, Calif.'s multifamily housing revenue bonds (1045 Mission Apartments) series 1998C and taxable series 1998D to 'AA-' from 'AA' and removed the issue from CreditWatch with negative implications. This issue receives partial credit support in the form of a guaranteed investment contract (GIC) with Transamerica Life Insurance Co. (AA/Negative/A-1+) which is further guaranteed by Ambac Assurance Corp. (A/Negative) for the life of the bonds. We incorrectly did not recognize the downgrade of Transamerica Life Insurance Co. to AA-/Negative/A-1+ from AAA/Watch Neg/A-1+ (please see, " AEGON N.V. and Operating Subsidiaries Ratings Lowered on Weaker Earnings; Outlook Negative",
