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Fitch Ratings has placed the United Kingdom's 'AAA' Long-term Issuer Default Ratings on rating watch negative (RWN) indicating a heightened probability of a downgrade in the near term
Fitch Ratings has assigned Bharti Airtel International (Netherlands) BV's proposed foreign-currency senior unsecured notes an expected 'BBB-(EXP)' rating
According to Fitch Ratings, U.S. credit card delinquencies tied to securitized loans closed out 2012 at a rate of 1.63%, the lowest level recorded by the firm since it started its Prime Credit Card Index in 1991.More quotes »
Newsday's coverage
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Fitch warns it may downgrade Nassau's credit
likely would downgrade Nassau County's credit if a federal court decision throwing out an employee wage freeze is upheld. Fitch Ratings amended its evaluation of Nassau's financial condition to reflect the "adverse court opinion" by U.S. District Court Judge Read more »
Around the web
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Fitch Rates Wyndham's Proposed Credit Agreement 'BBB-'
YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BBB-' rating to Wyndham's proposed $1.5 billion unsecured revolving credit facility due 2018. The agreement will replace its existing $1 billion revolving credit facility that was set to expire in 2016. 16 m ago from Business Wire Read more »
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Fitch Rates District Energy Corporation, NE's 2013 Revs 'AA+'; Outlook Stable
YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an initial rating of 'AA+' to the following District Energy Corporation (DEC) bonds: The bonds are expected to price via negotiation on June 6, 2013. Proceeds will be used to redeem outstanding revenue bond 16 m ago from Business Wire Read more »
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Fitch Expects to Rate STHEA 2013-1
YORK--(BUSINESS WIRE)--Fitch Ratings expects to assign the following ratings to the South Texas Higher Education Authority (STHEA) student loan-backed bonds, series 2013-1 as follows: High Collateral Quality: Although the trust consists of 45.6% of FFELP Rehabilitation 10:06 AM from Business Wire Read more »
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Fitch Affirms South Shore Health and Educational Corp. (MA) Revs at 'A-'; Outlook Stable
YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'A-' rating on the following revenue bonds issued by Massachusetts Health and Educational Facilities Authority on behalf of South Shore Hospital (SSH): The bonds are secured by a pledge of gross revenues. 10:06 AM from Business Wire Read more »
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Fitch: Lease-accounting change could lead to short-term leases
to structure shorter-term leases to avoid placing them on their balance sheets, as the standard would require, according to Fitch Ratings. Receive similarly curated and summarized stories from SmartBrief. SmartBrief saves you time and keeps you smart about 5/21/13 from SmartBrief: CPA Read more »
