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LONDON, May 07 Fitch Ratings has affirmed Banca Antonveneta's Long-term Issuer Default Rating at' BBB' with Negative Outlook, Short-term IDR at' F3' and Support Rating at' 2'. The withdrawal follows the merger of Antonveneta into its parent Banca Monte dei Paschi di Siena.
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SINGAPORE/ HONG KONG, May 06 Fitch Ratings has affirmed China- based Bright Food Co., Ltd.' s Long-Term Issuer Default Rating at' BBB-' with Stable Outlook and its senior unsecured rating at' BBB-'. Fitch has also assigned Bright Food Hong Kong Limited's proposed senior unsecured USD notes an expected' BBB-' rating.
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CHICAGO, May 06 Fitch Ratings has affirmed and simultaneously withdrawn all of its ratings on Crown Holdings, Inc., and its subsidiaries Crown Cork& Seal Company, Inc., Crown Americas, LLC., and Crown European Holdings, SA. Fitch simultaneously affirms and withdraws the following ratings:. --Issuer Default Rating at' BB+';.
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CHICAGO, May 06 Fitch Ratings has affirmed the Issuer Default Ratings for CITGO Petroleum Corporation at' BB-' and the company's senior secured ratings at' BB+' and revised the Outlook to Positive from Stable.
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Fitch Ratings has downgraded China- based Winsway Coking Coal Holdings Ltd's Long-Term Issuer Default Rating and senior unsecured rating to' B' from' BB-'. This strategy, which allowed it to enjoy around HKD250/ ton cash gross profit in 2011, fell apart in 2012 as coking coal prices dropped and remained volatile.
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HONG KONG, May 06 Fitch Ratings has downgraded China- based Winsway Coking Coal Holdings Ltd's Long-Term Issuer Default Rating and senior unsecured rating to' B' from' BB-'. This strategy, which allowed it to enjoy around HKD250/ ton cash gross profit in 2011, fell apart in 2012 as coking coal prices dropped and remained volatile.
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COLOMBO, May 05 Fitch Ratings has assigned Sri Lanka- based Hatton National Bank PLC's (HNB; AA-/ Stable) issue of unsecured subordinated redeemable debentures of up to LKR4bn a final National Long-Term rating of' A+'. The final rating is at the same level as the expected rating assigned on 11 April 2013 (see' Fitch Rates Sri Lanka's HNB's Subordinated Debt Issue' A+'' at.
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BARCELONA, May 06 Fitch Ratings has today affirmed the Long-term Issuer Default Ratings of Caja Laboral Popular Cooperativa de Credito, Caja Rural de Navarra, Sociedad Cooperativa de Credito, Grupo Cooperativo Iberico de Credito and Banco Cooperativo Espanol at' BBB'. The Rating Outlook on the Long-term IDRs is Negative.
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The notes, which were issued under BOC Aviation's USD2bn euro medium-term note programme, were assigned a final' A-' rating on 2 May 2013. The notes are rated at the same level as BOC Aviation's' A-' Long-Term Issuer Default Rating.
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Fitch has also assigned Golden Eagle's proposed USD notes an expected senior unsecured rating of' BBB-'. The notes are rated at the same level as Golden Eagle's senior unsecured rating of' BBB-' as they will represent direct, unconditional, unsecured and unsubordinated obligations of the company.
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NEW YORK, May 03 Fitch Ratings has affirmed Thomson Reuters Corp.' s long-term Issuer Default Ratings and its senior unsecured note ratings at' A-'. The Rating Outlook is Stable.
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PARIS/ LONDON, May 03 Fitch Ratings has affirmed all AXA entities' Insurer Financial Strength ratings at' AA-'. Fitch has also affirmed AXA SA's Long-term Issuer Default Rating at' A' and Short-term IDR at' F1'. Fitch has also assigned Deutsche Arzteversicherung an IFS rating of' AA-' and AXA Global P&C an IFS rating of' A+'.
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CHICAGO, May 03 Fitch Ratings has affirmed Merck& Co.' s ratings, including the Issuer Default Rating at' A+'. The ratings apply to approximately $20.5 billion in outstanding debt. On April 1, Merck announced the expansion of its share repurchase program by $15 billion to $16.1 billion.
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T Mezzanine S.A. Compartment 2' s class B1 notes as follows: EUR30.8m class B1 notes: affirmed at' Csf', assigned a Recovery Estimate of' RE0%' KEY RATING DRIVERS. Fitch notes that 12 loans with a total amount of EUR56.25m did not repay on the scheduled maturity date.
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LONDON, May 03 Fitch Ratings has affirmed Aegon N.V.' s Long-term Issuer Default Rating at' A' and senior unsecured debt at' A-'. Fitch has also affirmed Aegon's primary North American life insurance subsidiaries Insurer Financial Strength ratings at' AA-'.
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EUR68.5m Class A: affirmed at' A+ sf'; Outlook Stable EUR27.5m Class B: affirmed at' A+ sf'; Outlook Stable EUR27.5m Class C: affirmed at' Asf; Outlook Stable EUR21.0m Class D: affirmed at' BBsf'; Outlook Stable KEY RATING DRIVERS. Loans more than 90 days in arrears have increased to 5.4% of the portfolio from 3.6% in March 2012.
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Fitch Ratings has upgraded BBVA Leasing 1, FTA's class A1 and A2 notes and affirmed the class B and C notes as follows: EUR78.7m Class A1 notes upgraded to' BB+ sf' from' BBsf'; Outlook Stable EUR 168.6 m Class A2 notes upgraded to' BB+ sf' from' BBsf'; Outlook Stable EUR82.5m Class B notes affirmed at' CCCsf'; Recovery Estimate 80% EUR61.3m Class C notes affirmed at' Csf'; Recovery Estimate 0%.
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Fitch Ratings has assigned Commercial Bank of Dubai's USD2bn EMTN programme a Long-term senior debt rating of' A-' and Short-term senior debt rating of' F2'. Established in 1969, CBD has a well-established corporate banking franchise in the UAE.
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LONDON, May 03 Fitch Ratings has assigned Commercial Bank of Dubai's USD2bn EMTN programme a Long-term senior debt rating of' A-' and Short-term senior debt rating of' F2'. Established in 1969, CBD has a well-established corporate banking franchise in the UAE.
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Fitch Ratings has set the Insurer Financial Strength ratings and Long-Term Issuer Default Rating PT Asuransi Export Indonesia respectively at' BBB-'. Fitch also provides National IFS rating and National Long-term ratingsrespectively at' AAA'. Outlook for all ratings is stable.