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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


U.S. DEFAULTS DROP SLIGHTLY IN MAY BUT ECONOMIC PRESSURES PERSIST

Learn More
Wed 26 Jun, 2024


FITCH RATES STEEL DYNAMICS' NEW SENIOR UNSECURED NOTES 'BBB'

Wed 26 Jun, 2024


FITCH UPGRADES MFO CRYSTAL TO 'B'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS ENCORE AT 'BB+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS AVON FINANCE NO.3 & AVON FINANCE NO.4

Wed 26 Jun, 2024


FITCH AFFIRMS ARCOR'S LONG-TERM FOREIGN AND LOCAL CURRENCY IDRS AT 'B'; OUTLOOK
STABLE

Wed 26 Jun, 2024


FITCH RATES CABARRUS COUNTY, NC'S $201.2 MILLION LOBS 'AA+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH RATES MET PIER AND EXPO AUTH, IL'S $135MM EXP PROJ RFDG BONDS 'BBB+';
OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS ACOSS AT 'AA-'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH MAINTAINS HALK ON RATING WATCH NEGATIVE

Wed 26 Jun, 2024


FITCH AFFIRMS EUROFIMA AT 'AA'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH ASSIGNS TECHEM'S TERM LOAN B AND NEW SENIOR SECURED NOTES FINAL 'B+'
RATING

Wed 26 Jun, 2024


FITCH AFFIRMS GULFPORT'S LONG-TERM ISSUER DEFAULT RATING AT 'B+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH RATES STEEL DYNAMICS' NEW SENIOR UNSECURED NOTES 'BBB'

Wed 26 Jun, 2024


FITCH UPGRADES MFO CRYSTAL TO 'B'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS ENCORE AT 'BB+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS AVON FINANCE NO.3 & AVON FINANCE NO.4

Wed 26 Jun, 2024


FITCH AFFIRMS ARCOR'S LONG-TERM FOREIGN AND LOCAL CURRENCY IDRS AT 'B'; OUTLOOK
STABLE

Wed 26 Jun, 2024


FITCH RATES CABARRUS COUNTY, NC'S $201.2 MILLION LOBS 'AA+'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH RATES MET PIER AND EXPO AUTH, IL'S $135MM EXP PROJ RFDG BONDS 'BBB+';
OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH AFFIRMS ACOSS AT 'AA-'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH MAINTAINS HALK ON RATING WATCH NEGATIVE

Wed 26 Jun, 2024


FITCH AFFIRMS EUROFIMA AT 'AA'; OUTLOOK STABLE

Wed 26 Jun, 2024


FITCH ASSIGNS TECHEM'S TERM LOAN B AND NEW SENIOR SECURED NOTES FINAL 'B+'
RATING

Wed 26 Jun, 2024


FITCH AFFIRMS GULFPORT'S LONG-TERM ISSUER DEFAULT RATING AT 'B+'; OUTLOOK STABLE


01INSIGHTS

Highlight


FITCH WINS AWARD FOR BEST RATING AGENCY FOR EMERGING MARKET BONDS

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

Fitch Wire / Tue 25 Jun, 2024


2024 GLOBAL HOUSING AND MORTGAGE OUTLOOK MID-YEAR UPDATE

Non-Rating Action Commentary / Tue 25 Jun, 2024


AIRBUS’S RATING AND OUTLOOK UNAFFECTED BY LOWER DELIVERY AND PROFIT GUIDANCE

Non-Rating Action Commentary / Tue 25 Jun, 2024


NO RATING IMPACT ON DRIVER UK MASTER S.A. - COMPARTMENT 6 FROM TAP ISSUANCE

Outlook Report / Tue 25 Jun, 2024


FITCH RATINGS 2024 MID-YEAR OUTLOOK: U.S. PUBLIC FINANCE COMPENDIUM



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


HOME PRICE GROWTH WILL CONTINUE TO BOOST US HOUSING ECONOMY



The U.S. residential housing economy is expected to continue growing in 2H24
despite record levels of unaffordability due to high home prices and mortgage
rates. Credit profiles of homebuilders should remain solid and mortgage
delinquencies low.



Learn More
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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

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

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

STRUCTURAL FACTORS REMAIN A DRAG ON KOREA’S BANK OPERATING ENVIRONMENT



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
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 * Hosted
 * Third Party
 * Webinars

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 * Sector
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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



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