MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed Proteccion Agropecuaria Compania de Seguros, S.A.'s (Proagro) International Insurer Financial Strength Rating (IFS) at 'BBB-' and a National Scale IFS rating at 'AA-(mex)'. The Rating Outlo... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has revised the basis of the Short-term 'F1+' rating on $150,000,000 in Texas Transportation Commission (TTC) State of Texas mobility fund bonds, series 2006-B (multi-modal bonds), to reflect... Read more »
SAN FRANCISCO--(BUSINESS WIRE)--Fitch Ratings upgrades the following Indio Public Financing Authority, CA (the authority) lease revenue bonds: --$22.5 million lease revenue refunding bonds, series 2012 (public capital improvements) to 'A+' from 'BBB+'.... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB-' Issuer Default Rating (IDR) and senior unsecured ratings on Kinder Morgan, Inc. (KMI) and its wholly owned subsidiaries, subject to the cross guarantee agreement... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded Radio e Televisao Bandeirantes Ltda.'s (RTB) long-term foreign-currency and local-currency Issuer Default ratings (IDR) to 'B' from 'BB-'. Fitch has also downgraded the company's National Long-term... Read more »
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 »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised its outlook to negative from stable for the U.S. life/annuity (L/A) industry, citing increased volatility across economic and regulatory fronts, which includes continuing interest rate pressures.... Read more »
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an 'F2' rating to Thermo Fisher Scientific Inc.'s (Thermo Fisher) new EUR1 billion commercial paper (CP) program. There will be two issuers under the program, Thermo... Read more »
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned ratings to the Morgan Stanley Capital I Trust 2016-UBS12 commercial mortgage pass-through certificates. KEY RATING DRIVERS Concentrated Pool by Loan Size: The top 10 loans comprise 62.4%... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of Modern Woodmen of America (Modern... Read more »