Latest Fitch Group Stories
Fitch Ratings assigns an 'A' underlying long-term rating to the City of Cleveland, Ohio's airport system revenue bonds, series 2008A-H, scheduled for negotiated sale the week of July 14. Fitch also affirms its 'A' rating on the airport's approximately $909 million of outstanding parity debt.
Fitch Ratings assigns an 'A+' rating to Miami-Dade County (the county), FL's approximately $68 million water and sewer system revenue bonds, series 2008A and $400 million water and sewer system revenue refunding bonds, series 2008B.
Fitch Ratings assigns an 'A+' to the Louisville Regional Airports Authority, Kentucky's (the authority), approximately $37 million airport revenue bonds 2008 series A (subject to the federal alternative minimum tax), scheduled for sale July 9th.
Fitch Ratings, New York Michael Burger, 212-908-0555 Jeff Schaub, 212-908-0680 Christopher Kimble, 212-908-0226 (Media Relations) Fitch Ratings has downgraded Rhode Island Health and Educational Building Corporation's $18.6 million series 1999 revenue bonds (St.
Fitch Ratings has downgraded Rhode Island Health and Educational Building Corporation's $18.6 million series 1999 revenue bonds (St. Joseph Health Services of Rhode Island Issue; SJHS) to 'BB' from 'BBB-'. Fitch has also revised the Rating Outlook to Negative from Stable.
Fitch Ratings has downgraded Delaware Health Facilities Authority (Nanticoke Health Services Project) outstanding bonds to 'BBB-' from 'BBB+' and places the rating on Rating Watch Negative.
Fitch Ratings assigns an 'A+' rating to approximately $528,245,000 Dormitory Authority of the State of New York (the authority) mental health services facilities improvement revenue bonds, consisting of $161,755,000 series 2008A, $79,950,000 series 2008B, $37,570,000 series 2008C (AMT), $207,370,000 series 2008D and $41,600,000 series 2008E.
Fitch Ratings Judi M. Rossetti, CPA, CFA, +1-312-368-2077 (Chicago) Wesley E.
Fitch Ratings earlier today revised the Outlook to Negative on the ratings of the two main Brazilian airlines, TAM and GOL. Fitch expects the near-term outlook for the global airlines sector to remain difficult, and the Brazilian airline sector is no exception.
Fitch Ratings believes that U.S. packaged food and agribusiness companies face increased risk of credit deterioration as commodity prices soar, according to a special report.
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