A.M. Best Affirms Credit Ratings of the Members of Nonprofits Insurance Alliance Group

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of the members of Nonprofits Insurance Alliance Group (NIAG): Alliance of... Read more »

Fitch Affirms Allina Health’s (MN) Revenue Bonds at ‘AA-‘; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'AA-' rating assigned to approximately $820 million of bonds issued on behalf of Allina Health System (Allina, or the system). The rating affirmation affects the bonds... Read more »

Fitch Affirms Maryville University of Saint Louis, MO Bonds at ‘BBB+’

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'BBB+' rating on the outstanding $21 million series 2015 Missouri Health and Educational Facilities Authority educational facilities revenue bonds, issued on behalf of Maryville University of... Read more »

Fitch Rates Apidos CLO XX/LLC Refinancing Notes

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'AAAsf' rating to the class A-1-R notes issued by Apidos CLO XX/LLC (Apidos XX). The Rating Outlook is Stable. TRANSACTION SUMMARY Apidos CLO XX/LLC issued... Read more »

Fitch Takes Various Actions on SLC Student Loan Trust 2007-2

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions on SLC Student Loan Trust 2007-2: --Class A-2 affirmed at 'AAAsf'; Outlook Stable; --Class A-3 downgraded to 'AAsf' from 'AAAsf'; removed from... Read more »

Fitch Affirms CSN at ‘B-‘; Outlook Remains Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Companhia Siderurgica Nacional's (CSN) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'B-'. Fitch has also affirmed CSN's National Scale rating at 'BB-(bra)'. The Rating... Read more »

Fitch Affs Mission Economic Devel Corp. , TX (Dallas Clean) at ‘BBB-‘; Outlook Revised to Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings on Mission Economic Development Corporation's (Dallas Clean Energy McCommas Bluff LLC, or DCEMB) $40.2 million aggregate series 2011 revenue bonds due 2024 at 'BBB-'. The... Read more »

Uber’s New Guidelines Highlight Issues With Sharing Economy (Watch)

New rules from Uber address not only the behavior of drivers but passengers, too. It's an interesting example of what makes the sharing economy work. Read more »

Fitch Affirms Higher Education Loan Authority of the State of Missouri Series 2010-1

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Higher Education Loan Authority of the State of Missouri Series 2010-1 (MOHELA 2010-1) as follows: --Class A note at 'AAAsf'; removed from Rating Watch Negative and... Read more »

Fitch: Not-for-Profit Hospitals Outlook Negative for 2017 as Downgrades Expected to Outpace Upgrades

CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: U.S. Not-for-Profit Hospitals and Healthcare Systems (Growing Pressure and Rising Uncertainty) https://www.fitchratings.com/site/re/891119 The sector outlook for U.S. not-for-profit... Read more »