Fitch Rates Texas A&M University System’s 2017AB Rev Bonds ‘AAA’; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'AAA' rating to approximately $621 million taxable series 2017A and tax-exempt series 2017B revenue financing system (RFS) revenue and refunding bonds issued by the Board of... Read more »

Fitch Rates Federated Institutional Tax-Free Cash Trust ‘AAAmmf’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAAmmf' rating to the Federated Institutional Tax-Free Cash Trust, a registered 2a-7 money market fund managed by Federated Investment Management Company. KEY RATING DRIVERS The... Read more »

Fitch Affirms Orange County, CA’s Pension Obligation and Lease Revenue Bonds at ‘AA’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Orange County, California: --Issuer Default Rating (IDR) at 'AA+'; --$229.3 million taxable pension obligation bonds (POBs), series 2016A at 'AA'; --$14.1 million... Read more »

Fitch Rates Citigroup Commercial Mortgage Trust 2016-P6; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch rates Citigroup Commercial Mortgage Trust 2016-P6, Commercial Mortgage Pass-Through Certificates, Series 2016-P6. Fitch has assigned ratings and Rating Outlooks. A full list of rating actions follows at the end... Read more »

Small Business Lending from Big Banks and Institutional Lenders Surges, Biz2Credit Reports

Small businesses still find higher loan approval rates from big banks and institutional lenders notes the Biz2Credit Lending Index November 2016 report. Read more »

A.M. Best Affirms Credit Ratings of NEWGT Reinsurance Company, Ltd.

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these... Read more »

A.M. Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South... Read more »

Fitch Rates $70MM Monroe County School District, FL Sales Tax Bonds ‘A+’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' rating to the following Monroe County School District, Florida obligations: --$70 million sales tax bonds, series 2017. In addition, Fitch has affirmed the district's... Read more »

Fitch Affirms Salt Lake City School District, UT’s GOs at ‘AAA’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Salt Lake City School District, Utah (the district) bond ratings: --Issuer Default Rating (IDR) at 'AAA'; --$49.4 million general obligation (GO) bonds at 'AAA';... Read more »

A.M. Best Affirms Credit Ratings of Sovereign Assurance Company Limited

SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Sovereign Assurance Company Limited (Sovereign) (New Zealand). The outlook of these... Read more »