A.M. Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited

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 NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South... Read more »

Fitch Rates $70MM Monroe County School District, FL Sales Tax Bonds ‘A+’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A+' rating to the following Monroe County School District, Florida obligations: --$70 million sales tax bonds, series 2017. In addition, Fitch has affirmed the district's... Read more »

A.M. Best Affirms Credit Ratings of Sovereign Assurance Company Limited

SINGAPORE--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Sovereign Assurance Company Limited (Sovereign) (New Zealand). The outlook of these... Read more »

Fitch Affirms Salt Lake City School District, UT’s GOs at ‘AAA’; Outlook Stable

SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Salt Lake City School District, Utah (the district) bond ratings: --Issuer Default Rating (IDR) at 'AAA'; --$49.4 million general obligation (GO) bonds at 'AAA';... Read more »

Fitch: Braskem’s Leniency Agreement Neutral to Credit Quality

CHICAGO--(BUSINESS WIRE)--Fitch Ratings views the recently announced leniency agreement between Braskem S.A.'s (Braskem) and the Brazilian authorities as neutral to credit quality. The signing of the agreement will be an important step... Read more »

Fitch Rates 14 Tender Option Bond Series 2016-XM Trusts

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-XM0433 'AA/F1', Stable Outlook;... Read more »

Fitch Affirms Bank of the West’s Long-term IDR at ‘A’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Bank of the West's (BOW) Long-Term Issuer Default Rating (IDR) at 'A'. The Rating Outlook for the Long-Term IDR is Stable. Fitch has also affirmed BOW's... Read more »

Fitch Affirms Clarksville, TN’s IDR at ‘AA’; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Clarksville, TN (the city): ---Issuer Default Rating (IDR) at 'AA'; ---$48.3 outstanding general obligation (GO) bonds, series 2011, series 2012, series 2014,... Read more »

Fitch Rates Tender Option Bond Series 2016-XX1040 Trust

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns the following ratings to the Floater Certificates and Residual Certificates of the Tender Option Bond Trust series listed below: --Floater Certificates, Series 2016-XX1040 - 'AAA/F1', Stable Outlook;... Read more »

Fitch Rates KKR CLO 16 Ltd./LLC

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following rating and Rating Outlook to KKR CLO 16 Ltd./LLC: --$455,000,000 class A-1 notes 'AAAsf', Outlook Stable. Fitch does not rate the class A-2, B-1, B-2,... Read more »