also expects that the Negative Rating Watch will be resolved and the Outlook will then be Stable.
Since last review, there has been an increase in the par value of the assets for which Fitch
does not expect a full par recovery.
Before consummation of the merger, Fitch
expects that MGIC-Radian will reduce their combined ownership to less than 50% in both C-BASS and Sherman.
In the fourth quarter, Fitch
upgraded 19 tranches and affirmed 71 tranches.
believes that the sale of Putnam will free MMC's management from the distraction of running an underperforming, ancillary business that shares little synergy with remaining businesses.
In addition, the CREL Surveyor Snapshot provides investors with a narrative on the performance of the deal, the top 10 assets in the pool, and Fitch
loans of concern.
In evaluating the existing ratings on the tobacco settlement asset-backed transactions, Fitch
considered cash flow stress scenarios for each rating level to determine if the tobacco settlement asset-backed bonds paid off in full by their stated legal final maturity dates.
believes the resultant reduction in financial flexibility could limit the company's ability to invest in new technologies, particularly vis-?
Although some of ORHS's ratios are not in line with Fitch
's 'A' category medians, Fitch
believes its location in one of the fastest growing regions in the U.
views the recapitalization as a shift in financial policy to higher than historical leverage.
In a constantly evolving structured credit landscape RAP CD is an essential analytical tool for investors that need to keep pace with market developments,' said Kimberly Slawek, Head of Derivative Fitch
expects that the negative rating outlook will remain in place until the company's credit profile has sufficient financial flexibility relative to the rating category to potentially accommodate such management decisions in a credit neutral manner.
NEW YORK -- In conjunction with the introduction today of Fitch
's new economic capital model known as Matrix, developed by Fitch
to provide an assessment of capital adequacy for the financial guaranty industry, Fitch
Ratings also is releasing the model's financial results for those same guarantors rated by Fitch
NEW YORK -- Fitch
views the proposed sale of Eastman Kodak Company's (Kodak) Health Group for $2.
CHICAGO -- Fitch
has affirmed Universal Health Services, Inc.