ATHENS, May 14- Ratings agency Fitch upgraded its sovereign credit rating for Greece by one notch on Tuesday, citing progress in cutting its budget deficit and the risk of a euro zone exit receding.
CHICAGO, May 07 Fitch Ratings has affirmed the' A' Issuer Default Rating of Aetna Inc. and the' AA-' Insurer Financial Strength ratings of various Aetna insurance operating subsidiaries and removed the ratings from Rating Watch Negative.
NEW YORK, May 07 Fitch Ratings has affirmed the Long-term Issuer Default Rating and Short-term IDR of First Republic Bank at' BBB+' and' F2'. The Rating Outlook remains Positive. These strengths are balanced against earnings headwinds and a geographically concentrated loan portfolio with approximately 50% loans in the San Francisco area.
NEW YORK, May 07 Fitch Ratings has assigned a rating of' BB+/ RR1' to US Airways' proposed senior secured term loan facility. The Issuer Default Ratings for US Airways, Inc. and its parent company US Airways Group, Inc. remain unchanged at' B+' with a Positive Outlook.
NEW YORK, May 07 Fitch Ratings has affirmed the Long-term Issuer Default Rating and Short-term IDR of City National Corporation and its lead bank subsidiary, City National Bank, at' A-' and' F1', respectively. The Rating Outlook is Stable. A complete list of ratings affected by this action is provided at the end of this release.
LONDON, May 07 Fitch Ratings has affirmed seven Qatari banks following a peer review. The seven banks included in this peer review are Qatar National Bank, Commercial Bank of Qatar, Qatar Islamic Bank, Doha Bank, Ahli Bank Q.S.C., Al Khalij Commercial Bank Q.S.C., and Qatar International Islamic Bank.
LONDON, May 07 Fitch Ratings has affirmed Aareal Bank's outstanding mortgage covered bonds at' AAA' with a Stable Outlook. The affirmation follows the conclusion of Fitch's periodic review of the credit risk of the cover pool and the cash flow mismatches between the programme's assets and liabilities.
LONDON, May 07 Fitch Ratings has affirmed Portugal Telecom SGPS SA's Long-term Issuer Default Rating at' BBB' with a Negative Outlook. At the same time, the agency has affirmed the senior unsecured rating of the bonds issued by Portugal Telecom International Finance BV at' BBB.'.
NEW YORK, May 07 Fitch Ratings has assigned a' BBB+' rating to Xcel Energy Inc.' s new 0.75% $450 million issuance of senior unsecured notes due May 9, 2016.
Fitch Ratings has assigned Kazakhstan Mortgage Company's upcoming KZT10bn domestic bond issue with five-year maturity and KZT10bn domestic bond issue with seven-year maturity, expected Long-term local currency ratings of' BBB-'. The final ratings are contingent upon the receipt of final documents conforming to information already received.
Fitch Ratings has affirmed Angola's Long-term foreign and local currency Issuer Default Ratings at' BB-' with a Positive Outlook. The decision to affirm Angola's rating with a Positive Outlook reflects the following factors:.
LONDON, May 07 Fitch Ratings has affirmed Angola's Long-term foreign and local currency Issuer Default Ratings at' BB-' with a Positive Outlook. The decision to affirm Angola's rating with a Positive Outlook reflects the following factors:.
Fitch Ratings has assigned Far-East Capital Limited S.A.' s USD500m 8% notes due 2018 and USD300m 8.75% notes due 2020 a final senior unsecured rating of' B+' with a Recovery Rating of' RR4'. The notes are guaranteed by the majority of the operating subsidiaries of the Far-East Shipping Company PLC.
LONDON, May 07 Fitch Ratings has assigned Far-East Capital Limited S.A.' s USD500m 8% notes due 2018 and USD300m 8.75% notes due 2020 a final senior unsecured rating of' B+' with a Recovery Rating of' RR4'. The notes are guaranteed by the majority of the operating subsidiaries of the Far-East Shipping Company PLC.
Fitch Ratings has assigned an expected rating to the asset-backed debentures to be issued by Eternal 6 Special Purpose Vehicle Co., Ltd. as follows:. THB2.97bn* Fixed Interest Rate Asset-Backed Debentures expected due 2016 and finally due 2018:' A- sf'; Outlook Stable.
Fitch Ratings has assigned a rating program Global Medium-Term Note/ Global Medium-Term Bonds of USD 5 Pertamina billion which will be published in the' BBB-'.
JAKARTA/ TAIPEI/ SINGAPORE, May 07 Fitch Ratings has assigned Indonesia- based PT Astra Sedaya Finance a National Long-Term rating of' AAA' with a Stable Outlook. ASF's rating reflects Fitch's expectation of continued strong support and commitment from its majority shareholder, PT Astra Internasional Tbk.