Fitch Downgrades Clark County School District, NV’s $4.1B LTGOs to ‘AA-’; Outlook to Negative

Fitch Downgrades Clark County School District, NV’s $4.1B LTGOs to ‘AA-’; Outlook to Negative SAN FRANCISCO–(BUSINESS WIRE)–Fitch Ratings assigns an ‘AA-’ rating to the following Clark County School District’s general obligation (GO) (limited tax) bonds: –$90.665 million GO (limited tax) refunding bonds, series 2011A; –$38.865 million GO (limited tax) (additionally secured by pledged revenues) refunding [...]

Fitch Assigns Cencosud’s Bonds Expected ‘BBB-’ Rating

Fitch Assigns Cencosud’s Bonds Expected ‘BBB-’ Rating Fitch Ratings has assigned an expected senior unsecured rating of ‘BBB-’ with a Stable Outlook to the proposed issuance of up to USD1 billion bonds to be issued by Cencosud S.A. . Read more on Business Wire via Yahoo! Finance

Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases

Correction – Fitch: Large U.S. Bank Ratings Vulnerable to GSE Mortgage Loan Repurchases NEW YORK–(BUSINESS WIRE)–(This is a correction of a release issued earlier today. It provides additional information in the first paragraph and revises the annualized pre-provision net revenues amount in the fifth paragraph.) Recently, the main housing government sponsored enterprises (GSEs) Fannie Mae [...]

Fitch Takes Action on 3 Classes of Lehman Brothers Home Equity Loan Asset-Backed Notes 2005-1

Fitch Takes Action on 3 Classes of Lehman Brothers Home Equity Loan Asset-Backed Notes 2005-1 NEW YORK—-Fitch Ratings has downgraded 3 classes of Lehman Brothers Inc. Home Equity Loan Asset-Backed Notes, Series 2005-1. Read more on Business Wire via Yahoo! Finance