Rating Case News Today

Fitch Ratings has assigned an A- rating to Burbank-Glendale-Pasadena Airport Authoritys $857.8 million series 2024A, 2024B, and 2024C airport revenue bonds. Fitch has also downgraded the ratings...

Fitch Ratings has affirmed Allison Transmission Holdings, Inc.s and subsidiary Allison Transmission, Inc.s Long-Term Issuer Default Ratings at BB+. Fitch has also affirmed the ratings on ATIs...

Fitch Ratings has revised the Outlook on US-based tobacco group Philip Morris International, Inc.s Long-Term Issuer Default Rating to Negative from Stable and affirmed the IDR and senior unsecured...

Fitch Ratings has downgraded Enviva Inc.s Long-Term Issuer Default Rating to CCC- from B+ and its senior unsecured rating to CC/RR5 from B+/RR4. The ratings have been placed on Rating...

Fitch Ratings has affirmed Reynolds Consumer Products LLC and Reynolds Consumer Products Inc.s Long-Term Issuer Default Rating at BB+ and the BBB-/RR1 rating on its first lien secured... | May 29, 2023

Fitch Ratings has placed Arconic Corporations BB+ Long-Term Issuer Default Rating and its instrument ratings on Rating Watch Negative following the announcement on May 4, 2023 that Apollo... | May 8, 2023

The rating is constrained by ATP's relatively small scale and client concentration amid increasing competitive intensity.

Fitch Ratings has placed Sri Lanka Telecom PLC’s (SLT) National Long-Term Rating of ‘A(lka)’ on Rating Watch Positive (RWP). The RWP reflects the potential rating upside due to weakening linkages with SLT’s parent, the government of Sri Lanka (Long-Term Local-Currency Issuer Default Rating: CC), due to the government’s plan to sell its 49.5% stake in...

Fitch Ratings has affirmed Kinder Morgan, Inc.’s (KMI) and its guarantee-providing subsidiaries’ Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings at ‘BBB’. Additionally, Fitch has affirmed KMI’s Short-Term IDR and CP rating at ‘F2’. The Rating Outlook is Stable. The rating is supported by KMI’s significant positions in must-run assets that comprise a meaningful ...

Fitch Ratings has affirmed the foreign- and local-currency Issuer Default Ratings (IDRs) of Vale S.A. at ‘BBB’. Fitch has also affirmed the senior unsecured debt ratings of Vale Overseas Limited and Vale Canada Limited at ‘BBB’ and affirmed the national scale rating of Vale at ‘AAA(bra)’. The Rating Outlook for all ratings remains Stable. The ...