BOGOTA, Colombia--(BUSINESS WIRE)--Fitch Ratings has recalibrated its Dominican Republic National Ratings scale following upgrades of the sovereign rating. The recalibration has resulted in several national scale rating revisions for issuers in corpora... Read more »
NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: Peer Review: Recession Clouds Ecuadorian Banks’ Performance https://www.fitchratings.com/site/re/891157 The Ecuadorian banking sector remains vulnerable to a weak economy, with an expected contraction of 2% at... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published an Unrated Issuer Report (UIR) on Nationwide Mutual Insurance Group. UIRs provide analytical perspective and transparency on key issues that impact an organization's creditworthiness but without pro... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Chile's Long-term Foreign- and Local-currency Issuer Default Ratings (IDRs) at 'A+' and 'AA-', respectively, and has revised the Outlook to Negative. The issue ratings on Chile's... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of The Cincinnati Insurance Company, the lead property/casualty... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has withdrawn the 'A-' rating on New Jersey Educational Facilities Authority (NJ) (Higher Education Capital Improvement Fund Issue) revenue bonds series 2016C as the bonds did not sell.... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has maintained a negative outlook on the commercial lines segment of the U.S. property/casualty industry for 2017, reflecting continuing pressure points that are likely to drive deterioration in... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB/RR3' rating to AmeriGas Partners, LP's (APU) senior unsecured note offering due 2025. The notes are being co-issued with AmeriGas Finance Corp. Proceeds are expected... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best is holding its outlook for the global reinsurance sector at negative, citing the continued market challenges that will hinder the potential for positive rating actions over time and... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB+/RR1' rating to Rackspace Hosting Inc.'s (Rackspace) repriced senior secured term loan B. Rackspace's 'BB-' Long-Term Issuer Default Rating (IDR) Outlook remains Positive. Fitch's actions affec... Read more »