Fitch: Braskem’s Leniency Agreement Neutral to Credit Quality

CHICAGO--(BUSINESS WIRE)--Fitch Ratings views the recently announced leniency agreement between Braskem S.A.'s (Braskem) and the Brazilian authorities as neutral to credit quality. The signing of the agreement will be an important step... Read more »

Fitch Rates 14 Tender Option Bond Series 2016-XM Trusts

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to the Floater Certificates and Residual Certificates of the Tender Option Bond Trust series listed below: --Floater Certificates, Series 2016-XM0433 'AA/F1', Stable Outlook;... Read more »

Fitch Affirms Bank of the West’s Long-term IDR at ‘A’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Bank of the West's (BOW) Long-Term Issuer Default Rating (IDR) at 'A'. The Rating Outlook for the Long-Term IDR is Stable. Fitch has also affirmed BOW's... Read more »

Fitch Affirms Clarksville, TN’s IDR at ‘AA’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Clarksville, TN (the city): ---Issuer Default Rating (IDR) at 'AA'; ---$48.3 outstanding general obligation (GO) bonds, series 2011, series 2012, series 2014,... Read more »

Connecteam Builds an Employee App for Free But How Useful Is It?

Connecteam is an online platform that offers your business a way to manage “deskless” employees. But how useful Is its fully-branded native employee app? Read more »

Fitch Rates Tender Option Bond Series 2016-XX1040 Trust

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following ratings to the Floater Certificates and Residual Certificates of the Tender Option Bond Trust series listed below: --Floater Certificates, Series 2016-XX1040 - 'AAA/F1', Stable Outlook;... Read more »

Fitch Rates KKR CLO 16 Ltd./LLC

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following rating and Rating Outlook to KKR CLO 16 Ltd./LLC: --$455,000,000 class A-1 notes 'AAAsf', Outlook Stable. Fitch does not rate the class A-2, B-1, B-2,... Read more »

Fitch: US HY Default Rate Forecast at 3%; Energy to 3% in 2017

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Fitch U.S. High Yield Default Insight (U.S. HY Default Rate Roughly 3%; iHeart Largest U.S. Bonds of Concern Name) https://www.fitchratings.com/site/re/891677 After driving the 2016 rate,... Read more »

Fitch Affirms PEMEX Finance Ltd. at ‘A+’; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings assigned to the outstanding series issued by PEMEX Finance Ltd. as follows: --Series 1998 9.15% notes due 2018 at 'A+'; Outlook Stable; --Series 1999 10.61%... Read more »

A.M. Best Affirms Credit Ratings of Insurance Subsidiaries of OneMain Holdings, Inc.

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb+” of American Health and Life Insurance Company (AHLIC).... Read more »