Stay updated with breaking news from Default Rating. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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. “The affirmation of the IDR and the bond rating at ‘A-’ is based on UMass’s market position as ...