Page 3 - Default Rating News Today

Saracen Development LLC, a wholly-owned company of the Quapaw Nation, announced upgrades in its credit rating on Thursday by Moody's and S&P, two of the world's three largest credit rating agencies.

Wall Street ratings agency Fitch Ratings of New York has affirmed Umass Memorial Health Care, Inc. of Worcester is a healthy organization in a stable financial position, according to a Wednesday report. The report is designed for potential investors looking at buying bonds issued by UMass Memorial, or make other investments in the $2.5-billion organization. The credit rating firm affirmed the healthcare provider’s A- Issuer Default Rating and, secondarily, also affirmed an A- bond rating. “...