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

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has today affirmed Banco Exterior, C.A. Banco Universal's (Exterior) Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at 'CCC'. Fitch has also affirmed Exterior's Viability Rating (VR)... Read more »

Fitch Affirms and Withdraws Maxseguros EPM Re Ltd.’s IFS Rating

RIO DE JANEIRO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB+' Insurer Financial Strength (IFS) rating for Maxseguros EPM Re LTD (Maxseguros) with Stable Outlook. At the same time Fitch has withdrawn the rating.... Read more »

Fitch: 2017 Outlook for U.S. States Stable Despite Significant Federal Uncertainty

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: U.S. States (All Eyes on the Federal Government) https://www.fitchratings.com/site/re/890999 Although the upcoming change in federal administration introduces significant uncertain... Read more »

Fitch Rates York CLO-4 Ltd./LLC

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings and Rating Outlooks to York CLO-4 Ltd./LLC: -$2,000,000 class X notes 'AAAsf'; Outlook Stable; -$252,000,000 class A notes 'AAAsf'; Outlook Stable. Fitch does not... Read more »

Fitch Affirms Seattle Cancer Care Alliance (WA) Rev Bonds ‘A+’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A+' rating on the $91.3 million Washington Health Care Facilities Authority revenue bonds, series 2014, issued on behalf of Seattle Cancer Care Alliance (SCCA). The... Read more »

IRS Mileage Rates for 2017 Announced — with Minor Decreases

The just announced IRS mileage rates for 2017 are set for business, moving and medical purposes after studying the costs of operating a vehicle. Read more »

Fitch Revises Dominican Republic National Scale; Assigns Various Revision Ratings

BOGOTA, Colombia--(BUSINESS WIRE)--Fitch Ratings has recalibrated its Dominican Republic National Ratings scale following upgrades of the sovereign rating. The recalibration has resulted in several national scale rating revisions for issuers in corpora... Read more »

Fitch: Central American and Dominican Republic Banks Outlook Stable for 2017

SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Central American and Dominican Republic Banks (Mixed Trends at Different Rating Levels Amid Worsening Global Conditions)https://www.fitchratings.com/site/re/891123... Read more »

Fitch: Recession Clouds Ecuadorian Banks’ Performance

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Peer Review: Recession Clouds Ecuadorian Banks’ Performance https://www.fitchratings.com/site/re/891157 The Ecuadorian banking sector remains vulnerable to a weak economy, with an expected contraction of 2% at... Read more »

Fitch Publishes Unrated Issuer Report on Nationwide Mutual Insurance Group

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published an Unrated Issuer Report (UIR) on Nationwide Mutual Insurance Group. UIRs provide analytical perspective and transparency on key issues that impact an organization's creditworthiness but without pro... Read more »