www.fitchratings.com Open in urlscan Pro
2600:9000:235a:5600:9:b352:9f80:93a1  Public Scan

URL: https://www.fitchratings.com/
Submission Tags: sansec.io magecart Search All
Submission: On June 27 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

 * People
 * Product
 * Insights

English
中文简体
中文繁體
日本語
Português
Español
Polski
Pусский

Contact Us
Subscribe


CONTENTS

 * 00Back to Top
 * 01Insights
 * 02Videos
 * 03Podcasts
 * 04Events


RESOURCES

 * Latest Rating Actions
 * Latest Research
 * Criteria
 * Rating Performance
 * Education Hub


TRENDING TOPICS

 * Geopolitics and Elections
 * Private Credit
 * China
 * Inflation and Rates
 * Commercial Real Estate


FITCH WIRE

 * French Insurers’ Ratings Unaffected by Current Political Uncertainty
 * 2024 Global Housing and Mortgage Outlook Mid-Year Update
 * UK Non-Conforming RMBS Arrears Breach Global Financial Crisis Peak
 * Turkish Banking Sector Outlook Revised to ‘Improving’ on Macro Policy Shift
 * Valuations, Scale and Diversification Driving UK Bank Acquisitions

More


Latest Commentary


GLOBAL HOUSING AND MORTGAGE OUTLOOK MID-YEAR UPDATE

Learn MoreMore on Outlooks
Wed 26 Jun, 2024


FITCH AFFIRMS COPPELL ISD, TX'S ULT BONDS AND IDR AT 'AA+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS CAJA LOS ANDES' IDRS AT 'BBB-'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH REVISES OUTLOOK ON REDWOOD CITY SD, CA TO POSITIVE ON CRITERIA CHANGE;
AFFIRMS IDR AT 'A+'

Wed 26 Jun, 2024


FITCH DOWNGRADES ROCKIES EXPRESS' IDR TO 'BB' POST TALLGRASS BUY-IN; OUTLOOK
NEGATIVE

Wed 26 Jun, 2024


FITCH ASSIGNS 'AAA' TEXAS PSF GUARANTY TO MANSFIELD ISD, TX'S ULT BONDS; OUTLOOK
STABLE

Wed 26 Jun, 2024


FITCH RATES FORTRESS CREDIT BSL XV LIMITED REFINANCING NOTES

Wed 26 Jun, 2024


FITCH REVISES PORT OF OAKLAND, CA'S OUTLOOK TO POSITIVE; AFFIRMS RATINGS

Wed 26 Jun, 2024


FITCH REVISES TALLGRASS ENERGY PARTNERS OUTLOOK TO NEGATIVE; AFFIRMS IDR AND
INSTRUMENT RATINGS

Wed 26 Jun, 2024


FITCH RATES AT&T RECEIVABLES FUNDING, LLC'S JUNE 2024 INVESTMENT

Wed 26 Jun, 2024


FITCH ASSIGNS 'AAA' TEXAS PSF GUARANTY TO CLEAR CREEK ISD, TX'S ULTGO & RFG
BONDS; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH TAKES VARIOUS RATING ACTIONS ON SLM STUDENT LOAN TRUSTS

Wed 26 Jun, 2024


FITCH RATES CROSS 2024-H4 MORTGAGE TRUST

Wed 26 Jun, 2024


FITCH AFFIRMS COPPELL ISD, TX'S ULT BONDS AND IDR AT 'AA+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS CAJA LOS ANDES' IDRS AT 'BBB-'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH REVISES OUTLOOK ON REDWOOD CITY SD, CA TO POSITIVE ON CRITERIA CHANGE;
AFFIRMS IDR AT 'A+'

Wed 26 Jun, 2024


FITCH DOWNGRADES ROCKIES EXPRESS' IDR TO 'BB' POST TALLGRASS BUY-IN; OUTLOOK
NEGATIVE

Wed 26 Jun, 2024


FITCH ASSIGNS 'AAA' TEXAS PSF GUARANTY TO MANSFIELD ISD, TX'S ULT BONDS; OUTLOOK
STABLE

Wed 26 Jun, 2024


FITCH RATES FORTRESS CREDIT BSL XV LIMITED REFINANCING NOTES

Wed 26 Jun, 2024


FITCH REVISES PORT OF OAKLAND, CA'S OUTLOOK TO POSITIVE; AFFIRMS RATINGS

Wed 26 Jun, 2024


FITCH REVISES TALLGRASS ENERGY PARTNERS OUTLOOK TO NEGATIVE; AFFIRMS IDR AND
INSTRUMENT RATINGS

Wed 26 Jun, 2024


FITCH RATES AT&T RECEIVABLES FUNDING, LLC'S JUNE 2024 INVESTMENT

Wed 26 Jun, 2024


FITCH ASSIGNS 'AAA' TEXAS PSF GUARANTY TO CLEAR CREEK ISD, TX'S ULTGO & RFG
BONDS; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH TAKES VARIOUS RATING ACTIONS ON SLM STUDENT LOAN TRUSTS

Wed 26 Jun, 2024


FITCH RATES CROSS 2024-H4 MORTGAGE TRUST


01INSIGHTS

Highlight


MEXICO’S NEW ADMINISTRATION - KEY CHALLENGES AND OPPORTUNITIES

Special Report / Wed 26 Jun, 2024


MORTGAGE MARKET INDEX – AUSTRALIA: THE DINKUM RMBS INDEX 1Q24 (EXCEL)

Non-Rating Action Commentary / Wed 26 Jun, 2024


AUSTRALIAN MORTGAGE ARREARS CONTINUE TO RISE

Special Report / Wed 26 Jun, 2024


MORTGAGE MARKET INDEX – AUSTRALIA: THE DINKUM RMBS INDEX 1Q24

Non-Rating Action Commentary / Wed 26 Jun, 2024


FITCH RATINGS TO HOST WEBINAR ON ITALIAN BANKS' PROFITABILITY AND ASSET QUALITY

Non-Rating Action Commentary / Wed 26 Jun, 2024


SCHOEN KLINIK’S TLB REPRICING IS CREDIT NEUTRAL

Non-Rating Action Commentary / Wed 26 Jun, 2024


FITCH RATINGS UPDATES ORIGINATOR-SPECIFIC RESIDENTIAL MORTGAGE SUPPLEMENTARY
DATA FILE FOR CYPRUS AND SLOVAKIA

Fitch Wire / Wed 26 Jun, 2024


FRENCH INSURERS’ RATINGS UNAFFECTED BY CURRENT POLITICAL UNCERTAINTY

Non-Rating Action Commentary / Tue 25 Jun, 2024


CHINA’S SPECIAL PURPOSE BONDS INCREASINGLY DRIVE INFRASTRUCTURE INVESTMENT

Special Report / Tue 25 Jun, 2024


WHAT INVESTORS WANT TO KNOW: THE MECHANISM OF SPECIAL PURPOSE BONDS

Non-Rating Action Commentary / Tue 25 Jun, 2024


CONTRACTUAL SERVICE MARGIN TO DRIVE KOREAN INSURERS' CAPITAL AND EARNINGS

Special Report / Tue 25 Jun, 2024


KOREAN INSURANCE DASHBOARD: JUNE 2024

Non-Rating Action Commentary / Tue 25 Jun, 2024


CMLS’ COMMERCIAL SERVICER RATINGS REMAIN STABLE FOLLOWING NESTO ACQUISITION



More Insights
Our approach


RATING CRITERIA

Learn More



Rating Criteria explains our forward-looking ratings approach. Criteria reports
identify rating drivers and assumptions, and highlight the scope and limitations
of our analysis. Master Criteria describe the basic foundation for our ratings
within a sector. Cross-Sector Criteria explain Fitch’s approach to topics that
relate to multiple areas or audiences. Sector-Specific Criteria describe Fitch’s
analytical approach for individual sectors, and address specific credit factors.



Our Approach


RATINGS PROCESS

Learn More



Fitch Ratings provides forward-looking credit opinions, as indicated by its
ratings, that reflect its expectations of credit behavior over a range of
scenarios. The rating process begins when an arranger, issuer, sponsor, or
underwriter contacts a member of Fitch’s Business Relationship Management (BRM)
group with a request to engage Fitch. Fitch may also initiate unsolicited rating
coverage where sufficient public information is available to provide insight to
subscribers and the public debt market.



Outlook 2024


GLOBAL ECONOMIC OUTLOOK



Fitch Ratings has raised its forecasts for world growth in 2024 in its latest
Global Economic Outlook as confidence in European recovery prospects improve,
China’s export sector revives and domestic demand in emerging markets excluding
China (EM excl. China) shows stronger momentum.



Learn More
VIDEO


ISLAMIC FINANCE TRENDS - ESG SUKUK MARKET OUTLOOK 1Q2024



In this video, our senior analyst explores the ESG sukuk market expansion,
highlighting the recent market developments and share the ESG sukuk outlook for
the rest of 2024. Here is Amjad Alkabra on ESG sukuk.



Learn More
Video Player is loading.
Play Video
Play
Mute

Current Time 0:00
/
Duration 2:25
Loaded: 6.77%


0:00
Stream Type LIVE
Seek to live, currently behind liveLIVE
Remaining Time -2:25
 
1x
Playback Rate

Chapters
 * Chapters

Descriptions
 * descriptions off, selected

Captions
 * captions settings, opens captions settings dialog
 * captions off, selected

Audio Track
 * en (Main), selected

Picture-in-PictureFullscreen

This is a modal window.



Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
Reset restore all settings to the default valuesDone
Close Modal Dialog

End of dialog window.

Close Modal Dialog

This is a modal window. This modal can be closed by pressing the Escape key or
activating the close button.


Get Onboard


JOIN OUR TALENT COMMUNITY



Our people are credit experts, experienced professionals, and global citizens
who collaborate in offices in over 30 countries, to help our clients and
communities.



Careers


02VIDEOS

VAST DEBT FROM ‘A’ CATEGORY GLOBAL CORPORATES AT RISK OF DOWNGRADE

VAST DEBT FROM ‘A’ CATEGORY GLOBAL CORPORATES AT RISK OF DOWNGRADE

LARGE DEFICITS TO KEEP U.S. DEBT BURDEN RISING AFTER NOVEMBER’S ELECTIONS

EASING ASSET QUALITY, LIQUIDITY PRESSURES TO SUSTAIN VIETNAM BANKS'
PROFITABILITY

ISLAMIC FINANCE TRENDS - ESG SUKUK MARKET OUTLOOK 1Q2024

SOLID DEMAND, HOME PRICE GROWTH WILL CONTINUE TO BOOST US HOUSING ECONOMY

INDIA’S ELECTIONS BRING BROAD POLICY CONTINUITY BUT GREATER REFORM CHALLENGES

JAPANESE LIFE INSURERS' CAPITALISATION AND EARNINGS TO REMAIN ROBUST IN FYE25

FITCH RATINGS – THE RATING AGENCY OF CHOICE

CHINA FISCAL OUTLOOK

INDIA’S CENTRAL BANK DIVIDEND PROVIDES NEAR-TERM SUPPORT TO FISCAL PERFORMANCE

APAC CORPORATES: A DECADE OF FALLEN ANGELS

RATE CYCLE TURNING IN DEVELOPED EUROPE; RENEWED RATE UNCERTAINTY IN THE US

HIGHER GENERATION CAPACITY, GAS PLANTS TO HELP MEET INDIA’S HIGH SUMMER POWER
DEMAND

PRIVATE DEBT IS ESTABLISHED IN EUROPEAN LEVFIN, BUT COMPETITION RISES

SLOW INDONESIAN AUTO SALES ADD TO PRESSURE ON FINCOS TO DIVERSIFY LENDING

BANK CORRUPTION CASE HIGHLIGHTS VIETNAM’S SUPERVISORY GAPS, UNDERLINES STATE
SUPPORT

FITCH RAISES INDONESIA’S BANKING SECTOR OE SCORE

ISLAMIC FINANCE TRENDS - GLOBAL SUKUK MARKET TRENDS 2024

KOREAN INSURERS WILL BE RESILIENT TO OVERSEAS COMMERCIAL REAL ESTATE
DETERIORATION

INCREASING US BANK REGULATION TO FURTHER IMPEDE M&A



More Videos


INSIDE CREDIT



Inside Credit features the latest credit market research, with our weekly recap
of noteworthy content across all sectors and regions.



Newsletter Sign Up


03PODCASTS

More Podcasts
Fitch Learning


FINANCIAL TRAINING COURSES



Courses cover corporate credit, bank and insurance company analysis, corporate
finance, risk, and more.



View upcoming courses


04EVENTS


EVENTS

Event Type
 * All Events
 * Hosted
 * Third Party
 * Webinars

Sort
 * Upcoming Events
 * Past Events

Filter
 * Sector
 * Region

JUNE
JUN, 27

11:00 - 12:00 New York




LATAM NBFI REFINANCING RISK: 2024

Webinars

JUN, 27

11:00 - 12:00 Hong Kong




ASIA-PACIFIC SOVEREIGN CREDIT HIGHLIGHTS

Webinars

JUN, 28

10:00 - 11:00 London




ITALIAN BANKS' PROFITABILITY AND ASSET QUALITY OUTLOOKS

Webinars

JULY
JUL, 02

15:00 - 16:00 London




M&A IN THE MINING INDUSTRY: HELP OR HINDRANCE SPOTLIGHT ON COPPER, NICKEL AND
LITHIUM

Webinars

JUL, 02

15:30 - 19:30 Paris




FITCH ON BANKING 2024 PARIS

Hosted

JUL, 03

16:00 - 16:30 Seoul




FITCH ASSIGNS LOTTE RENTAL FIRST-TIME 'BBB-' RATING; OUTLOOK STABLE

Webinars

JUL, 04

15:00 - 16:00 Hong Kong




FITCH ON BANKING 2024 APAC WEBINAR

Webinars

JUL, 09

13:00 - 18:00 New York




FITCH ON BANKING 2024 NEW YORK

Hosted

JUL, 10

08:30 - 13:15 Tokyo




2024 FITCH ON JAPAN

Hosted

JUL, 10

09:00 - 11:45 Bangkok




GLOBAL FINANCIAL MARKET AND THAILAND’S CORPORATE CREDIT OUTLOOK 2024

Hosted

JUL, 10

11:00 - 12:00 New York




U.S. CROSS-SECTOR HOUSING MONITOR WEBINAR

Webinars

JUL, 11

10:00 - 11:00 New York




INSIGHTS ON HYUNDAI MOTOR AND HYUNDAI CAPITAL AMERICA

Webinars

JUL, 11

10:30 - 12:00 New York




FITCH ON BANKING 2024 LATIN AMERICA

Webinars

JUL, 11

11:00 - 12:00 Hong Kong




HAS THE APAC REINSURANCE CYCLE TURNED?

Webinars

JUL, 20 -
JUL, 23

09:00 - 17:00 Chicago




NACUBO

Third Party



June
July
August
September
October
November
December
January
February
March
April
May
region
 * Africa
 * Asia-Pacific
 * Europe
 * Latin America
 * Middle East
 * North America
 * Afghanistan
 * Albania
 * Algeria
 * American Samoa
 * Andorra
 * Angola
 * Anguilla
 * Antarctica
 * Antigua & Barbuda
 * Argentina
 * Armenia
 * Aruba
 * Australia
 * Austria
 * Azerbaijan
 * Bahamas
 * Bahrain
 * Bangladesh
 * Barbados
 * Belarus
 * Belgium
 * Belize
 * Benin
 * Bermuda
 * Bhutan
 * Bolivia
 * Bosnia and Herzegovina
 * Botswana
 * Bouvet Island
 * Brazil
 * British Indian Ocean Territory
 * Brunei
 * Bulgaria
 * Burkina Faso
 * Burundi
 * Cambodia
 * Cameroon
 * Canada
 * Cape Verde
 * Cayman Islands
 * Central African Republic
 * Central America
 * Chad
 * Channel Islands
 * Chile
 * China
 * Christmas Island
 * Cocos (Keeling) Islands
 * Colombia
 * Comoros
 * Congo, Democratic Republic
 * Congo, Republic of the
 * Cook Islands
 * Costa Rica
 * Cote D'Ivoire
 * Croatia
 * Cuba
 * Curacao
 * Cyprus
 * Czech Republic
 * Denmark
 * Djibouti
 * Dominica
 * Dominican Republic
 * Ecuador
 * Egypt
 * El Salvador
 * Equatorial Guinea
 * Eritrea
 * Estonia
 * Eswatini
 * Ethiopia
 * Falkland Islands
 * Faroe Islands
 * Fiji
 * Finland
 * France
 * France, Metro
 * French Guiana
 * French Polynesia
 * French Southern Territories
 * Gabon
 * Gambia
 * Georgia
 * Germany
 * Ghana
 * Gibraltar
 * Greece
 * Greenland
 * Grenada
 * Guadeloupe
 * Guam
 * Guatemala
 * Guernsey
 * Guinea
 * Guinea-Bissau
 * Guyana
 * Haiti
 * Heard & McDonald Islands
 * Honduras
 * Hong Kong, China
 * Hungary
 * Iceland
 * India
 * Indonesia
 * Iran
 * Iraq
 * Ireland
 * Isle of Man
 * Israel
 * Italy
 * Jamaica
 * Japan
 * Jersey
 * Jordan
 * Kazakhstan
 * Kenya
 * Kiribati
 * Kosovo
 * Kuwait
 * Kyrgyzstan
 * Laos
 * Latvia
 * Lebanon
 * Lesotho
 * Liberia
 * Libya
 * Liechtenstein
 * Lithuania
 * Luxembourg
 * Macao, China
 * Madagascar
 * Malawi
 * Malaysia
 * Maldives
 * Mali
 * Malta
 * Marshall Islands
 * Martinique
 * Mauritania
 * Mauritius
 * Mayotte
 * Mexico
 * Micronesia
 * Moldova
 * Monaco
 * Mongolia
 * Montenegro
 * Montserrat
 * Morocco
 * Mozambique
 * Myanmar
 * Namibia
 * Nauru
 * Nepal
 * Netherlands
 * Netherlands Antilles
 * New Caledonia
 * New Zealand
 * Nicaragua
 * Niger
 * Nigeria
 * Niue
 * Norfolk Island
 * North Korea
 * North Macedonia
 * Northern Mariana Islands
 * Norway
 * Oman
 * Pakistan
 * Palau
 * Panama
 * Papua New Guinea
 * Paraguay
 * Peru
 * Philippines
 * Pitcairn
 * Poland
 * Portugal
 * Puerto Rico
 * Qatar
 * Reunion
 * Romania
 * Russia
 * Rwanda
 * Saint Martin (French Part)
 * Samoa
 * San Marino
 * Sandwich Islands
 * Sao Tome & Principe
 * Saudi Arabia
 * Senegal
 * Serbia
 * Seychelles
 * Sierra Leone
 * Singapore
 * Sint Maarten (Dutch Part)
 * Slovakia
 * Slovenia
 * Solomon Islands
 * Somalia
 * South Africa
 * South Korea
 * South Sudan
 * Spain
 * Sri Lanka
 * St. Helena
 * St. Kitts & Nevis
 * St. Lucia
 * St. Pierre & Miquelon
 * St. Vincent & The Grenadines
 * Sudan
 * Suriname
 * Svalbard & Jan Mayen
 * Sweden
 * Switzerland
 * Syria
 * Taiwan, China
 * Tajikistan
 * Tanzania
 * Thailand
 * Timor-Leste
 * Togo
 * Tokelau
 * Tonga
 * Trinidad and Tobago
 * Tunisia
 * Turkiye
 * Turkmenistan
 * Turks & Caicos Islands
 * Tuvalu
 * Uganda
 * Ukraine
 * United Arab Emirates
 * United Kingdom
 * United States
 * United States Minor Outlying Islands
 * Uruguay
 * Uzbekistan
 * Vanuatu
 * Vatican
 * Venezuela
 * Vietnam
 * Virgin Islands (British)
 * Virgin Islands (U.S.)
 * Wallis & Futuna Islands
 * West Bank and Gaza
 * Western Sahara
 * Yemen
 * Zambia
 * Zimbabwe



ResetSubmit



ABOUT

 * About UsContactCareersFeedbackMedia Relations

REGULATORY

 * Regulatory AffairsCriteriaCode of Conduct & EthicsPrivacy
   PolicyWhistleblowing Policy and Reporting

PRODUCT

 * Rating ActionsCoverageResearch & AnalyticsRating Products & ToolsRating
   PerformanceNewsletters

REGION

 * EuropeNorth AmericaAfricaAsiaLatin AmericaMiddle East

SECTORS

 * EconomicsBanksInsuranceSovereignsCorporatesStructured FinanceNon-Bank
   Financial InstitutionsPublic Finance - InternationalPublic Finance - United
   StatesInfrastructure & Project Finance

FITCH GROUP

 * Fitch GroupFitch RatingsFitch SolutionsFitch BohuaFitch Learning

Copyright © 2024 Fitch Ratings, Inc., Fitch Solutions, Inc. and their
subsidiaries. Policies | Manage CookiesBuild v4.7.58
 * 
 * 


We use cookies to deliver our online services, to understand how they are used
and for advertising purposes. Details of the cookies we use and instructions on
how to disable them are set out in our Privacy Policy.
DeclineAcceptOptions