Fitch Takes Various Actions on Four SLM Trusts

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions: SLM Student Loan Trust 2007-1 (SLM 2007-1): --Class A-5 affirmed at 'AAAsf'; removed from Rating Watch Negative and assigned Outlook Stable; --Class... Read more »

Fitch Affirms Arendal at ‘RD’; Withdraws Ratings

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Arendal, S. de R.L. de C.V. (Arendal)'s Long-term Foreign and Local Currency Issuer Default Ratings at 'RD' and the long-term rating of Arendal's outstanding senior unsecured debt... Read more »

Fitch Publishes Inversiones Atlantida, S.A.’s IDRs of ‘B’; Outlook Stable

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has today published Inversiones Atlantida, S.A.'s (Invatlan) Long-Term Issuer Default Ratings (IDRs) of 'B'. A full list of rating actions is at the end of this release. KEY... Read more »

Fitch Assigns MEG Energy Corp First-Time Rating of ‘B’; Outlook Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a first-time Long-Term Issuer Default Rating (IDR) of 'B' to MEG Energy Corp. Approximately CAD $4.9 billion (USD $3.8 billion) is affected by today's rating action. A... Read more »

Kroll Bond Rating Agency Assigns Long-Term Rating of A- with Stable Outlook to the New Jersey Educational Facilities Authority Revenue Bonds, Higher Education Capital Improvement Fund Issue, Series 2016B and Series 2016C Bonds

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has assigned a long-term rating of A- with a Stable Outlook to the New Jersey Educational Facilities Authority (the “Authority” or “NJEFA”) Revenue Bonds, Higher... Read more »

Fitch: Stable Sector Outlook for Nonprofit Continuing Care Retirement Communities in 2017

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Nonprofit Continuing Care Retirement Communities https://www.fitchratings.com/site/re/891307 The sector and rating outlooks for nonprofit continuing care retirement communities (CC... Read more »

Fitch: New Projects Boost Midstream Sector in 3Q16

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: North American Midstream: Third-Quarter Earnings Wrap Up (Double-Barreled Volley: Credit Bolstered, Growth Continue) https://www.fitchratings.com/site/re/891403 Gas gathering and processing, and... Read more »

It’s Official! Wrestling Entrepreneur Tweets She’s the New SBA Chief

Linda McMahon confirmed in a tweet on Wednesday that President-elect Donald Trump has selected her as the next Small Business Administration Chief. Read more »

Fitch Rates Tender Option Bond Series 2016-YX1035 Trust

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-YX1035 'A/F1', Stable Outlook;... Read more »

Fitch: LatAm High Yield Corporate Downgrades to Outpace Upgrades 3 to 1

CHICAGO--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Latin America Leveraged Finance Statistics (2016 First Half Review) https://www.fitchratings.com/site/re/889754 Year-to-date, 42 Latin American high-yield corporates have been downgraded, versus ... Read more »