Latest Fitch Group Stories
Fitch Ratings has assigned a rating of 'AA(chl)' to the shelf registration (tranche A and tranche B) of Chilquinta`s Energia S.A. (Chilquinta) against the line of bonds No. 549 and No. 550. In addition, Fitch Chile has upgraded the shelf registration No. 549 and No. 550 to 'AA(chl)' from 'AA-(chl)'.
Fitch Ratings Jesse Ortega, +1-415-732-5628 (San Francisco) Vanessa Roy, +1-212-908-0508 (New York) Michael McDermott, +1-212-908-0605 (New York) Media Relations: Cindy Stoller, +1-212-908-0526 (New York) Fitch Ratings assigns a long-term underlying rating of 'A' to bank bonds corresponding to variable rate demand obligations (VRDOs) issued by the Airport Commission, City and County of San Francisco, CA, San Francisco International Airport (SFO or the airport), second series variable...
Fitch Ratings has placed Eli Lilly and Co.'s (Eli Lilly) Issuer Default Rating (IDR) and outstanding debt ratings on Rating Watch Negative as follows: -- IDR 'AA'; -- Bank loan 'AA'; -- Senior unsecured debt 'AA'; -- Short-term IDR 'F1+'.
Fitch Ratings has affirmed Eli Lilly and Co.'s (Eli Lilly) ratings as follows: --Issuer Default Rating (IDR) 'AA'; --Bank loan 'AA'; --Senior unsecured debt 'AA'; --Short-term IDR 'F1+'. The Rating Outlook is Stable.
Fitch Ratings does not anticipate rating changes for Energy Transfer Partners, L.P. (ETP) and Energy Transfer Equity, L.P. (ETE) as a result of today's announcement of the planned formation of ETP Enogex Partners LLC (JVCo), a joint venture between ETP and OGE Energy Corp. (OGE).
Fitch Ratings has assigned an 'A-' to the Long Island Power Authority's (LIPA) planned issuance of $549.9 million series 2008 A and B fixed rate electric system general revenue and refunding bonds. Proceeds from the 2008 bonds will be used for refunding and general capital purposes.
Fitch Ratings has affirmed the underlying 'A' rating on Covenant Health's (Covenant) approximately $210,000,000 million series 2006A and 2006B refunding and improvement bonds. Fitch also affirms the rating on the system's series 2002 bond issue.
Fitch Ratings affirms the outstanding ratings for Central Hudson Gas & Electric (CHG&E) as follows: --Issuer default rating (IDR) at 'A-'; --Senior Unsecured at 'A'; --Preferred Stock at 'A-'; --Short Term at 'F1'. The Rating Outlook is stable.
Effective Sept. 11, 2008, Fitch Ratings confirms the underlying 'A' rating to approximately $300 million City of Chicago, Illinois, general airport third lien revenue bonds (GARBs) O'Hare International Airport (O'Hare), consisting of $200 million in series 2005C and $100 million in series 2005D.
Fitch Ratings Michael Burger, +1-212-908-0555 (New York) Jim LeBuhn, +1-312-368-2059 (Chicago) Cindy Stoller, +1-212-908-0526 (Media Relations, New York) Fitch Ratings has upgraded the rating on approximately $53.6 million of Indiana Health and Educational Facility Financing Authority hospital revenue bonds, issued on behalf of Jackson County Schneck Memorial Hospital (JCSMH) to 'A' from 'A-'.
- A political dynamiter.