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2008-11-11 15:00:22

Fitch Ratings has assigned an 'AA-' rating to approximately $196.6 million of Wisconsin Health and Educational Facilities Authority revenue bonds, series 2008A&B issued on behalf of Froedtert & Community Health Obligated Group (F&CH). Fitch also affirms the 'AA-' ratings on approximately $290 million of Wisconsin Health and Educational Facilities revenue bonds, series 2001 and 2005A-D currently outstanding. The Rating Outlook is Stable. The series 2008A bonds are...

2008-08-21 18:00:00

Fitch Ratings confirms its underlying 'AA' rating on the Harris County Facilities Development Corporation (Texas Children's Hospital's (TCH)) approximately $548.0 million outstanding bonds. The Rating Outlook is Stable. --$159,000,000 Harris County Health Facilities Development Corporation hospital revenue bonds (Texas Children's Hospital Issue), series 1999B-1; --$89,800,000 Harris County Health Facilities Development Corporation hospital revenue bonds (Texas Children's Hospital...

2008-08-11 12:01:05

S&P RAISES RECOMMENDATION ON SHARES OF FANNIE MAE TO HOLD FROM SELL (FNM; 9.12): Our upgrade is based on a combination of our positive view of FNM's capital management efforts, and a share price decline of roughly 25% over the past few days. With $9.4 billion of capital in excess of requirements, we believe FNM can absorb losses for at least the next few quarters, giving it time to potentially raise added capital from private investors, which we would view as positive. On higher second...

2007-09-26 18:00:27

Fitch Ratings has assigned an 'AA-' rating to $511.5 million in gas project revenue bonds for the Southern California Public Power Authority (SCPPA) as follows: --Series 2007A (fixed-rate); --Series 2007B (LIBOR Index Rate) --Series 2007C (SIFMA Index Rate). The rating and Fitch's analysis assume the final documents will be in a form satisfactory to Fitch and consistent with the structure described below. The bonds are expected to price on Oct. 3, with Goldman Sachs as the sole...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'