Fitch Ratings News and Credit Updates
Fitch Ratings upgrades 99 U.S. CLO classes, affirms 367 in credit review
Structured credit markets remain under close surveillance as rating agencies track loan performance and payment capacity across collateralized loan obligations. Fitch Ratings says its latest ...
Contra Costa Transportation Authority refunding bonds rated AAA by Fitch
Contra Costa Transportation Authority is moving ahead with a $97.4 million sales tax revenue refunding that is aimed at debt service savings without extending bond maturities. The planned sale ...
Manhattan Beach school district gets AA- IDR, AAA rating on $75 million bonds
California school districts continue to face tight budgetary flexibility, a factor that shapes how rating agencies assess reserve strength and spending capacity. Against that backdrop, Manhattan ...
Sequoia Mortgage Trust 2026-14 receives expected Fitch ratings on $451 million U.S. RMBS deal
A new U.S. residential mortgage-backed securities transaction backed by prime jumbo mortgages is moving ahead with expected ratings from Fitch for Sequoia Mortgage Trust 2026-14. The deal covers ...
ABPCI Direct Lending Fund CLO XIX LP reset draws Fitch expected ratings
A reset of ABPCI Direct Lending Fund CLO XIX LP is set to refinance all existing notes from the original October 2024 transaction. The issuer plans to use net proceeds from secured and ...
XPO gains investment-grade Fitch upgrade as cash flow and leverage improve
XPO has secured an investment-grade credit rating from Fitch after strengthening cash flow, reducing debt and improving execution in its less-than-truckload operations. The upgrade to 'BBB-' with ...
Carlyle U.S. CLO 2022-5 refinancing notes win expected Fitch ratings
Ahead of a planned November refinancing, Carlyle U.S. CLO 2022-5 is set to refinance part of its capital structure while keeping existing lower-rated notes in place. The transaction continues to ...
Coca-Cola FEMSA ratings affirmed at A as Fitch keeps stable outlook
Coca-Cola FEMSA retains its investment-grade ratings as Fitch assesses the bottler's market strength across Latin America and its solid balance sheet through 2029. The agency expects low leverage, ...
IHS Holding rating affirmed at B+ as Fitch keeps positive outlook
IHS Holding retains a positive rating trajectory as stronger free cash flow and a firmer financial structure support its credit profile. The assessment also hinges on how the company adapts after ...
HILD 2026-NQM1 mortgage trust receives final Fitch ratings ahead of closing
A nonprime residential mortgage-backed securities deal backed by 381 loans is set to close on Nov. 6, 2026 after securing final ratings from Fitch Ratings. The pool has an aggregate balance of ...
Stonepeak Motion gets BB issuer rating after Castrol stake acquisition
Stonepeak Motion has secured a final 'BB' long-term issuer rating from Fitch after completing its acquisition of an indirect 65% stake in Castrol Group Holdings. The stable outlook reflects ...
Fitch assigns expected ratings to Chase Home Lending Mortgage Trust 2026-12
JPMorgan Chase is preparing a $458 million prime residential mortgage-backed securities deal backed by 352 fixed-rate home loans, with closing set for Nov. 30, 2026. The transaction, Chase Home ...
Delphos Securities CLN expected rating set at BBB+sf by Fitch
Delphos Securities SARL's Compartment VR 1 is preparing its first Fitch-rated issuance under the Delphos programme with a credit-linked note due in 2034. The expected 'BBB+sf' rating carries a ...
Brisa rating affirmation reflects resilient cash flow profile in Portugal
Portugal's toll road sector remains exposed to traffic volatility and regulatory pressure, yet Brisa continues to show stable operating momentum. Fitch Ratings affirms the company at 'A-' with a ...
Madison Park Euro Funding XIV DAC notes keep ratings as Fitch cuts F-R outlook
Madison Park Euro Funding XIV DAC's latest rating review highlights rising pressure on its most junior rated debt as the CLO moves further beyond its reinvestment period. Fitch revised the Outlook ...
PayPal ratings affirmed at A- as Fitch cites stable outlook
PayPal enters 2027 with its credit profile supported by strong cash generation, low leverage and a broad global payments platform. Fitch expects the company to face slower near-term growth and ...
BNG Bank ratings affirmed at top level as Fitch maintains stable outlook
The Dutch policy lender retains its top-tier credit standing as state backing remains central to its rating profile. Fitch keeps BNG Bank N.V.'s Long-Term Issuer Default Rating at 'AAA' with a ...
Kcell rating upgrade reflects stronger parental support link
Kcell has secured an investment-grade rating after Fitch raised its Long-Term Issuer Default Rating to BBB- from BB+ and assigned a Stable Outlook. The move places the Kazakh mobile operator on ...
Mobico ratings placed on watch as cash takeover clouds debt structure
Mobico Group's credit ratings are under review as a proposed cash acquisition raises questions over how the company's debt stack will look after the deal closes. The review could last beyond six ...
St. Petersburg utility bond rating affirmed at AA with stable outlook
St. Petersburg, Florida's public utility system retains a high-grade credit profile as borrowing plans remain aligned with prior expectations. Fitch Ratings says the city's water, sewer, reclaimed ...
Eurofins rating affirmed at BBB- as Fitch cites resilient cash flow and deleveraging path
Eurofins Scientific keeps its investment-grade ratings as the laboratory testing group navigates slower growth in parts of its BioPharma business. The Stable Outlook reflects expectations that ...
