Fitch to Affirm ‘AA-/F1+’ on Philadelphia Gas Works’ VRDBs, 5th Ser A-2

NEW YORK--(BUSINESS WIRE)--On the effective date of Dec. 22, 2016, Fitch Ratings will affirm the long-term rating of 'AA-' and the short-term rating of 'F1+' assigned to the $30,000,000 City of Philadelphia,... Read more »

Fitch Affirms HSBC at ‘AA-‘; Outlook Stable

HONG KONG & LONDON--(BUSINESS WIRE)--Fitch Ratings has today affirmed HSBC Holdings plc's (HSBC) Long-Term Issuer Default Rating (IDR) at 'AA-' with a Stable Outlook and its Viability Rating (VR) at 'aa-'. A... Read more »

Fitch Affirms Banesco’s IDR at ‘CCC’; Downgrades National Rating to ‘A(ven)’

NEW YORK--(BUSINESS WIRE)--Following a peer review, Fitch Ratings has affirmed Banesco Banco Universal, C.A.'s (BBU) foreign and local currency Issuer Default Ratings (IDRs) at 'CCC'. No Rating Outlook is assigned at this... Read more »

Fitch Affirms Bancaribe’s IDRs at ‘CCC’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Banco del Caribe, C.A. Banco Universal's (Bancaribe) Viability Rating (VR) at 'ccc' and its Issuer Default Ratings (IDRs) at 'CCC'. No Rating Outlook is assigned at... Read more »

Fitch Affirms Banco Nacional de Credito’s IDR at ‘CCC’; Upgrades National Rating to ‘BBB(ven)’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded Banco Nacional de Credito, C.A., Banco Universal's (BNC) National Long-Term Rating to 'BBB(ven)' from 'BBB-(ven)'. In addition, Fitch has affirmed BNC's Long-Term Issuer Default Rating (IDR)... Read more »

Kroll Bond Rating Agency Affirms BBB- Ratings to Medley Capital Corporation, Revises Outlook to Negative

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has affirmed the issuer and senior unsecured debt ratings at BBB- and revised the outlook to negative from stable outlook on Medley Capital Corporation (NYSE:... Read more »

Fitch Rates Univ. of North Texas System Revs at ‘AA’ and Extendible CP at ‘F1+’; Outlook Stable

AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings with respect to bonds and notes issued by the Board of Regents of the University of North Texas System (UNTS): --$214.9 million revenue... Read more »

Fitch to Affirm Nelson Gallery Foundation (MO) 2008A Short-Term Rating at ‘F1+’

NEW YORK--(BUSINESS WIRE)--On the effective date of Dec. 19, 2016, Fitch Ratings will affirm the 'F1+' short-term rating assigned to the $60,000,000 (current principal amount outstanding, of $108,600,000 originally issued) Missouri Development... Read more »

Fitch Affirms Allied World’s Ratings; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Allied World Assurance Company Holdings, Ltd (Allied World) as follows: --Issuer Default Rating (IDR) at 'A-'; --Senior debt at 'BBB+'. Fitch has also affirmed... Read more »

Bill Gates Wants to Invest in “Risky” Green Tech Companies (Watch)

Small businesses need to able to handle business risk, especially in innovative new industries. Of course it helps when you're funded by investors. Read more »