Fitch Assigns First-Time Rating of ‘B+’ to Transocean Proteus; Outlook Negative

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned ratings to Transocean Proteus Limited (Proteus), a wholly-owned subsidiary of Transocean, Inc. Fitch rates Proteus' Long-Term Issuer Default Rating (IDR) 'B+' and senior secured notes 'BB-'/'RR3'. Th... Read more »

A.M. Best Affirms Credit Ratings of AXA Mansard Insurance Plc

LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb-” of AXA Mansard Insurance Plc (AXA Mansard) (Nigeria), the majority-owned... Read more »

Fitch Affirms Alaska Air at ‘BBB-‘; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has removed Alaska Air Group Inc.'s (ALK) ratings from Rating Watch Negative and affirmed the ratings at 'BBB-'. The Rating Outlook is Stable. The rating action follows the Department... Read more »

Fitch: North American Energy Infrastructure Eyeing CPP Fallout in 2017

NEW YORK--(BUSINESS WIRE)--A stable outlook remains in place for North American energy infrastructure in 2017, though the potential demise of the EPA's flagship power plan could create some interesting ripples for the... Read more »

Fitch Takes Various Actions on EdSouth Indenture No. 10, LLC

NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the senior notes at 'AAAsf' and upgrades the subordinate notes to 'AAsf' from 'Asf' of EdSouth Indenture No. 10, LLC. The Rating Outlook remains Stable for all... Read more »

Fitch: LatAm Metals and Mining Faces Mixed Outlooks in 2017

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Latin America Metals and Mining (Cash Flow Improvement Forthcoming) https://www.fitchratings.com/site/re/890458 The 2017 rating outlook for Latin American metals and mining remains... Read more »

Fitch Assigns ‘BBB-‘ to New EUR500 Million Term Loan

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Equinix, Inc.'s Long-Term Issuer Default Rating at 'BB'. In addition, Fitch has also assigned a 'BBB-'/RR1 rating to the EUR500 million Term Loan that is expected to... Read more »

Fitch Affirms Marsh & McLennan’s Ratings at ‘A-‘; Outlook Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Marsh & McLennan Companies, Inc.'s (MMC) Long-Term Issuer Default Rating (IDR) and existing senior unsecured debt ratings at 'A-' and short-term ratings at 'F2'. The Rating Outlook... Read more »

Fitch Rates Ecuador’s 2026 USD Bond ‘B’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'B' rating to Ecuador's $750 million notes maturing 2026. Proceeds from this issuance will be used for general budgetary financing purposes. KEY RATING DRIVERS The... Read more »

Fitch: 2017 Outlook for South American Banks Reflects Mixed Degrees of Robustness

NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: South American Banks (Exc. Brazil) (Mixed Degrees of Financial Flexibility Amid a Challenging Environment) https://www.fitchratings.com/site/re/890986 Fitch Ratings has published a... Read more »