Fitch Ratings assigned an 'F1sf' rating to the asset-backed commercial paper issued by Windmill Funding Corp., a partially supported multi-seller ABCP conduit sponsored by The Royal Bank of Scotland.

Windmill’s primary purpose is to issue ABCP to purchase and make loans secured by interests in various financial assets and other eligible securities.  It plans to issue commercial paper with maturities up to 297 days.

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