Fitch Downgrades Hess to ‘BBB-‘; Outlook Revised to Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded Hess Corporation's (NYSE: HES) Issuer Default Rating (IDR) to 'BBB-' from 'BBB' and revised the Rating Outlook to Stable from Negative. Pro forma for October debt repurchases... Read more »

Fitch Rates Great-West Lifeco’s Senior Unsecured Notes ‘A’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to Great-West Lifeco Inc.'s (GWO) EUR500 million 1.75% 10-year senior unsecured euro bonds issued on Dec. 7, 2016. KEY RATING DRIVERS The rating... Read more »

Fitch Rates CIFC Funding 2015-I, Ltd./LLC Refinancing Obligations

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to CIFC Funding 2015-I, Ltd./LLC (CIFC 2015-I): --$75,000,000 class A-1R notes 'AAAsf'; Outlook Stable; --$315,000,000 class A-2R loans 'AAAsf'; Outlook Stable; --$0 class... Read more »

Fitch Rates Citibank Credit Card Issuance Trust Citiseries, Class 2016-A1 & 2016-A2

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned ratings to the following classes of Citibank Credit Card Issuance Trust: --$2,000,000,000 Class 2016-A1 'AAAsf'; Outlook Stable; --$500,000,000 Class 2016-A2 'AAAsf'; Outlook Stable. KEY RATING DRIV... Read more »

Fitch Affirms Denton ISD, TX’s ULTs at ‘AA’; Outlook Stable

AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Denton ISD ratings at 'AA': --Issuer Default Rating (IDR);--Approximately $839 million in outstanding unlimited tax (ULT) bonds. The Rating Outlook is Stable. SECURITY The... Read more »

Fitch Affirms Der Neue Horizont Re’s Int’l and Nat’l IFS Ratings at ‘B’/’BBB-(mex)’; Outlook Stable

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed Der Neue Horizont Re, S.A.'s (Der Neue) 'B' International Insurer Financial Strength (IFS) rating and National Scale IFS rating at 'B'/'BBB-(mex)'. The Rating Outlook is Stable.... Read more »

20 Things NOT to Do at the Office Holiday Party

It's office holiday party season which means you should brush up on the things you definitely should not do at your upcoming small business event. Read more »

Fitch Rates $500MM Chicago Board of Ed (IL) Bonds ‘A’ on Special Revenue Analysis; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to the following Chicago Board of Education, IL bonds: --$500 million dedicated capital improvement tax bonds, series 2016. The bonds are expected to... Read more »

Fitch: Central American Insurance Outlook Stable for 2017

SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Central American Insurancehttps://www.fitchratings.com/site/re/890991 According to Fitch Ratings in a newly published report, the Central American insurance sector... Read more »

Fitch Affirms Brazos Student Finance Corporation Series 2010-1

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Brazos Student Finance Corporation Series 2010-1 (BSFC 2010-1) at 'AAAsf'. The issue has been removed from Rating Watch Negative and assigned a Stable... Read more »