Fitch Rates TPS Shares Issued by Nuveen Closed-End Fund ‘AA’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned 'AA' ratings to the following Term Preferred Shares (TPS) issued by Nuveen Floating Rate Income Fund (JFR): --$25,000,000 of TPS, Series 2022, term redemption on Jan.... Read more »

Fitch Affirms ENAP’s Foreign Currency IDR at ‘A’ and National Scale Rating at ‘AAA(cl)’

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Long-Term Foreign Currency Issuer Default Rating (IDR) of Empresa Nacional de Petroleo (ENAP) at 'A'/Negative Outlook. Fitch has also affirmed ENAP's National Long-Term Rating at 'AAA(cl)'/Stable... Read more »

Fitch Affirms BSCMS 2007-PWR18

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed all classes of Bear Stearns Commercial Mortgage Securities Trust series 2007-PWR18. A detailed list of rating actions follows at the end of this press release. KEY... Read more »

Fitch Affirms Discovery’s IDR at ‘BBB-‘; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB-' Issuer Default Rating (IDR) assigned to Discovery Communications, LLC (Discovery). The Rating Outlook is Stable. A full list of Fitch's ratings on Discovery follows... Read more »

A.M. Best Revises Outlooks to Positive for Argus Group Holdings Limited and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” of... Read more »

A.M. Best Assigns Issue Credit Rating to UnitedHealth Group Incorporated’s Forthcoming Senior Unsecured Notes

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb+” to the forthcoming $1.5 billion senior unsecured notes of UnitedHealth Group Incorporated (UnitedHealth) (Minnetonka, MN) [NYSE:UNH]. The outlook assigned... Read more »

Fitch Upgrades One Class of Commercial Capital Access One Series 3

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded one and affirmed two classes of Commercial Capital Access One, Series 3 (CCA One, Series 3) commercial mortgage pass-through certificates. A detailed list of rating actions... Read more »

Fitch Withdraws Bank of N.T. Butterfield & Son Ltd.’s Preferred Stock Rating

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn Bank of N.T. Butterfield & Son Ltd.'s (BNTB) preferred stock rating following BNTB's mandatory redemption of its 8% preferred stock on December 15. BNTB's senior and... Read more »

Fitch Affirms Rhode Island’s GOs and IDR at ‘AA’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following state of Rhode Island ratings: --State of Rhode Island and Providence Plantations (RI) general obligation (GO) bonds at 'AA'; --Issuer Default Rating (IDR) at... Read more »

Fitch Takes Action on Chilean Banks Following Sovereign Outlook Revision to Negative

NEW YORK & SANTIAGO, Chile--(BUSINESS WIRE)--Fitch Ratings has conducted a portfolio review of selected Chilean banks after the Outlook revision of Chile's sovereign rating to Negative from Stable announced on Dec. 13,... Read more »