Fitch Downgrades Hess to ‘BBB-‘; Outlook Revised to Stable

CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded Hess Corporation's (NYSE: HES) Issuer Default Rating (IDR) to 'BBB-' from 'BBB' and revised the Rating Outlook to Stable from Negative. Pro forma for October debt repurchases... Read more »

Fitch Rates CIFC Funding 2015-I, Ltd./LLC Refinancing Obligations

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to CIFC Funding 2015-I, Ltd./LLC (CIFC 2015-I): --$75,000,000 class A-1R notes 'AAAsf'; Outlook Stable; --$315,000,000 class A-2R loans 'AAAsf'; Outlook Stable; --$0 class... Read more »

Fitch Rates Great-West Lifeco’s Senior Unsecured Notes ‘A’

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to Great-West Lifeco Inc.'s (GWO) EUR500 million 1.75% 10-year senior unsecured euro bonds issued on Dec. 7, 2016. KEY RATING DRIVERS The rating... Read more »

Fitch Rates Citibank Credit Card Issuance Trust Citiseries, Class 2016-A1 & 2016-A2

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned ratings to the following classes of Citibank Credit Card Issuance Trust: --$2,000,000,000 Class 2016-A1 'AAAsf'; Outlook Stable; --$500,000,000 Class 2016-A2 'AAAsf'; Outlook Stable. KEY RATING DRIV... Read more »

Fitch Affirms Denton ISD, TX’s ULTs at ‘AA’; Outlook Stable

AUSTIN, Texas--(BUSINESS WIRE)--Fitch Ratings has affirmed the following Denton ISD ratings at 'AA': --Issuer Default Rating (IDR);--Approximately $839 million in outstanding unlimited tax (ULT) bonds. The Rating Outlook is Stable. SECURITY The... Read more »

Fitch Affirms Der Neue Horizont Re’s Int’l and Nat’l IFS Ratings at ‘B’/’BBB-(mex)’; Outlook Stable

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed Der Neue Horizont Re, S.A.'s (Der Neue) 'B' International Insurer Financial Strength (IFS) rating and National Scale IFS rating at 'B'/'BBB-(mex)'. The Rating Outlook is Stable.... Read more »

Fitch Rates $500MM Chicago Board of Ed (IL) Bonds ‘A’ on Special Revenue Analysis; Outlook Stable

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to the following Chicago Board of Education, IL bonds: --$500 million dedicated capital improvement tax bonds, series 2016. The bonds are expected to... Read more »

Fitch: Central American Insurance Outlook Stable for 2017

SAN SALVADOR, El Salvador--(BUSINESS WIRE)--Link to Fitch Ratings' Report: 2017 Outlook: Central American Insurancehttps://www.fitchratings.com/site/re/890991 According to Fitch Ratings in a newly published report, the Central American insurance sector... Read more »

Fitch Affirms Brazos Student Finance Corporation Series 2010-1

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Brazos Student Finance Corporation Series 2010-1 (BSFC 2010-1) at 'AAAsf'. The issue has been removed from Rating Watch Negative and assigned a Stable... Read more »

Fitch Takes Various Actions on Four SLM Trusts

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following rating actions: SLM Student Loan Trust 2007-1 (SLM 2007-1): --Class A-5 affirmed at 'AAAsf'; removed from Rating Watch Negative and assigned Outlook Stable; --Class... Read more »