Fitch Takes Various Rating Actions on Enhanced Municipal Bonds and TOBs

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken various conforming rating actions on enhanced municipal bonds and tender option bonds (TOBs) corresponding to actions taken on their associated enhancement providers or underlying bonds. Long-term... Read more »

Fitch Affirms Green Loan Services’ Commercial Mortgage Servicer Rating

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the commercial mortgage loan level special servicer rating of Green Loan Services LLC (GLS) at 'CLLSS2-'. The rating reflects GLS' extensive experience handling large complex loans,... Read more »

Fitch Upgrades Rutherford County, NC’s IDR and GOs to ‘AA’ and LOBs to ‘AA-‘ on Criteria Change

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the following Rutherford County, North Carolina (the county) ratings: --Issuer Default Rating (IDR) to 'AA' from 'AA-'; --$0.96 million general obligation bonds (GOs), series 2008 to... Read more »

Fitch: U.S. Public Power Still Faces Long-Term Carbon Pressures

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: U.S. Public Power and Electric Cooperative Sector https://www.fitchratings.com/site/re/891054 Despite increased uncertainty over the future of the Clean Power Plan (CPP) in light o... Read more »

Fitch Rates Texas State University System Revs ‘AA’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AA' rating to the following bonds issued by the Board of Regents, Texas State University System (TSUS): --$595.0 million revenue financing system (RFS) revenue and... Read more »

Fitch Rates Texas A&M University System’s 2017AB Rev Bonds ‘AAA’; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'AAA' rating to approximately $621 million taxable series 2017A and tax-exempt series 2017B revenue financing system (RFS) revenue and refunding bonds issued by the Board of... Read more »

Fitch Rates Federated Institutional Tax-Free Cash Trust ‘AAAmmf’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'AAAmmf' rating to the Federated Institutional Tax-Free Cash Trust, a registered 2a-7 money market fund managed by Federated Investment Management Company. KEY RATING DRIVERS The... Read more »

Fitch Affirms Orange County, CA’s Pension Obligation and Lease Revenue Bonds at ‘AA’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Orange County, California: --Issuer Default Rating (IDR) at 'AA+'; --$229.3 million taxable pension obligation bonds (POBs), series 2016A at 'AA'; --$14.1 million... Read more »

Fitch Rates Citigroup Commercial Mortgage Trust 2016-P6; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch rates Citigroup Commercial Mortgage Trust 2016-P6, Commercial Mortgage Pass-Through Certificates, Series 2016-P6. Fitch has assigned ratings and Rating Outlooks. A full list of rating actions follows at the end... Read more »

A.M. Best Affirms Credit Ratings of NEWGT Reinsurance Company, Ltd.

HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these... Read more »