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Last updated on April 23, 2014 at 17:08 EDT

Latest Fitch Ratings Stories

2013-12-12 08:24:17

BOGOTA, Colombia, Dec. 12, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that Fitch Ratings, a credit rating agency, has upgraded its foreign and local currency ratings of Ecopetrol S.A. from BBB- and BBB to BBB and BBB+, respectively. Furthermore, both rating outlooks were revised to stable. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) This upgrade is consistent with Fitch Ratings' upgrade on December 10 of Colombia's...

2013-09-17 16:22:53

CHICAGO, Sept. 17, 2013 /PRNewswire/ -- Fitch Ratings announced on September 16(th) that it had upgraded CNA Financial Corporation's (NYSE: CNA) financial strength ratings to A with a stable outlook (from A-). More details can be found in the Fitch press release. (Logo: http://photos.prnewswire.com/prnh/20130627/NY40132LOGO ) "The upgrade reflects the work we have done to enhance our financial strength and stability, and to improve our earnings consistency. These outcomes and the...

2013-08-08 08:31:28

MILWAUKEE, Aug. 8, 2013 /PRNewswire/ -- Fitch Ratings has affirmed the AAA insurance financial strength rating for Northwestern Mutual and Northwestern Long Term Care Insurance Company. AAA is the highest possible rating from Fitch. (Logo: http://photos.prnewswire.com/prnh/20130206/CG55426LOGO) "Fitch's ratings reflect Northwestern's leading competitive position in the U.S. individual life insurance market, extremely strong balance sheet fundamentals and stable earnings profile,"...

2013-05-24 12:23:51

CHICAGO, May 24, 2013 /PRNewswire/ -- In an endorsement of The Rehabilitation Institute of Chicago's (RIC) financial strength, global reputation for excellence and vision for the future, Fitch Ratings, a global leader in financial information and corporate credit ratings, has assigned an "A-" rating to $125 million in fixed rate, 30-year bonds that the hospital will issue in June. In addition to those fixed rate bonds, RIC is issuing $275 million in variable rate bonds with terms ranging...

2012-11-26 12:29:32

HOCKESSIN, Del., Nov. 26, 2012 /PRNewswire-USNewswire/ -- ACTS Retirement-Life Communities announced today that Fitch Ratings services has given its affiliate Peninsula United Methodist Homes, Inc. (PUMH), a Delaware-based owner of three continuing care retirement communities (CCRCs), a positive assessment of its financial health by affirming its 'BBB' credit rating and upgrading its rating outlook from Stable to Positive. According to Fitch, the rating assessment of PUMH reflects the...

2012-08-08 02:22:33

SANTO DOMINGO, Dominican Republic, Aug. 8, 2012 /PRNewswire/ -- Dominican Metallurgical Complex, METALDOM, was assigned a long term A-(DOM) with positive outlook rating by Fitch Ratings, making it the strongest rated steel company in the Dominican Republic. According to Fitch Ratings, "METALDOM's rating reflects its position as one of the major participants in the manufacturing and commercialization of steel products for the construction sector." METALDOM's A-(DOM) rating was agreed based on...

2012-08-03 06:22:20

MIAMI BEACH, Fla., Aug. 3, 2012 /PRNewswire-USNewswire/ -- New York-based rating agency Fitch Ratings has upgraded Mount Sinai Medical Center's bond ratings status from BBB- to BBB. Over the past few years, Mount Sinai has continued to generate increased, positive revenues and effectively manage expenses year after year. The upgrade reflects Mount Sinai's continued improvement of operating performance and significant expense reduction while expanding into multiple locations,...

2011-12-05 10:41:00

HOCKESSIN, Del., Dec. 5, 2011 /PRNewswire-USNewswire/ -- Peninsula United Methodist Homes (PUMH), a Delaware-based owner of three continuing care retirement communities (CCRCs), recently announced that Fitch Ratings services has given a positive assessment of its financial health. According to Fitch, the 'BBB' rating assigned to PUMH reflects the benefits realized from its affiliation with ACTS Retirement-Life Communities (revenue bonds rated 'A-' by Fitch), resulting in significantly...

2011-10-20 13:31:00

NASHVILLE, Tenn., Oct. 20, 2011 /PRNewswire/ -- Healthcare Realty Trust Incorporated (NYSE: HR) recently announced it has entered into a $700 million unsecured revolving credit facility, which replaces the previous $550 million facility. The new facility matures October 14, 2015 and may be extended for an additional year at the Company's option. The facility is currently priced at 1.50% over LIBOR, with a 0.35% facility fee, and is subject to other terms and conditions customary for...

2011-10-10 13:13:00

MIAMI BEACH, Fla., Oct. 10, 2011 /PRNewswire-USNewswire/ -- New York-based rating agency, Fitch Ratings, has upgraded Mount Sinai Medical Center's bond ratings status to BBB- from BB+. Since fiscal year 2008, Mount Sinai has continued to generate increased, positive revenues while still increasing its charity care to the community year after year. The upgrade reflects Mount Sinai's continued improvement of operating performance and significant expense reduction despite having expanded...