Fitch Ratings News & Views

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Fitch Rates Texas A&M Univ System Rev Financing System Bonds 'AA+'; Outlook Stable External-link
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns an 'AA+' rating to $40.065 million revenue financing system (RFS) bonds, series 2013 A and $255.6 million RFS bonds, series 2013 B issued by the Texas A&M University System (TAMUS or the system). In addition, Fitch affirms the following ratings: --$1.425 billion f...
Browse Related Topics:   New York Fitch Texas A&M U... Rfs
Fitch Affirms GECCMC 2002-1 External-link
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed five classes of GE Capital Commercial Mortgage Corp., commercial mortgage pass-through certificates, series 2002-1 (GECCMC 2002-1). A detailed list of rating actions follows at the end of this press release. KEY RATING DRIVERS The affirmation is due to sufficient...
Browse Related Topics:   New York Fitch Geccmc
Fitch Revises United Continental's Outlook to Positive; Affirms IDR at 'B' External-link
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has revised the Rating Outlook on United Continental Holdings, Inc. (UAL) and its primary operating subsidiary, United Airlines, Inc. to Positive from Stable and has affirmed the Issuer Default Ratings (IDR) for both entities at 'B'. Fitch has also upgraded the Recovery Ratin...
Browse Related Topics:   New York Fitch United Airline
Fitch Affirms Plains End Financing, LLC; Outlook Stable External-link
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BB' rating on Plains End Financing, LLC's (Plains End) $117.7 million senior secured bonds (senior bonds), and 'B+' rating on the $20.3 million subordinated secured notes (sub notes). The affirmation and maintained Stable Outlook reflects the continued opera...
Browse Related Topics:   New York Llc Stable Outlook
Fitch: Houghton Mifflin Harcourt Ratings Unaffected By Term Loan Repricing External-link
NEW YORK--(BUSINESS WIRE)--The 'B+' Issuer Default Ratings (IDR) of Houghton Mifflin Harcourt Publishers Inc. (HMH) and its subsidiaries are unaffected following the announcement by the company of its plans to reprice its term loan. Fitch rates HMH's senior secured term loan at 'BB+/RR1'. All terms (except for prici...
Browse Related Topics:   New York Hmh
Fitch Reviews HSBC Latin American Subsidiaries External-link
NEW YORK & BUENOS AIRES, Argentina--(BUSINESS WIRE)--Fitch Ratings has taken various rating actions on the Latin America subsidiaries of HSBC Holdings plc (HSBC), following the May 15, 2013 review of HSBC's Long-term Issuer Default Rating (IDR) and Viability Rating (VR). The rating actions on HSBC's Latin Americ...
Fitch Publishes CLO Asset Manager Fact Sheet on American Money Management Corporation External-link
NEW YORK--(BUSINESS WIRE)--Link to Fitch Ratings' Report: American Money Management Corporation http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=708422 Fitch Ratings has published a CLO asset manager fact sheet on American Money Management Corporation (AMMC). The new fact sheet presents key par...
Browse Related Topics:   New York Company Pro... Clo Ammc
Fitch Rates $162MM Virginia Resources Auth's State Revolving Fund Bonds 'AAA'; Outlook Stable External-link
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to bonds issued by the Virginia Resources Authority (the VRA): --$162,355,000 clean water state revolving fund revenue bonds, series 2013, 'AAA'. The series 2013 bonds are expected to price via negotiation during the week of May 27. Bond proc...
Browse Related Topics:   Fitch Chicago Virginia Re... Vra
Fitch Affirms Grupo Senda's IDRs at 'B'; Outlook Stable External-link
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed Grupo Senda Autotransporte, S.A., de C.V.'s (Grupo Senda) local and foreign currency Issuer Default Ratings (IDRs) and its USD150 million senior secured guaranteed notes due in 2015 as follows: --Foreign currency Issuer Default Rating (IDR) at 'B'; --Local curren...
Browse Related Topics:   New York S.A. Grupo Senda...
Fitch Rates WhiteHorse VII, Ltd. External-link
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following rating to the class A notes of WhiteHorse VII, Ltd. (WhiteHorse VII): --$141,000,000 class A delayed draw notes 'Asf'; Outlook Stable. KEY RATING DRIVERS Credit Enhancement: Fitch's credit analysis of the notes focused on portfolio stresses at the fi...
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