Continental Resources looks to save millions with new financial agreement
Continental Resources Inc. this week completed two financial deals designed to strengthen the company's balance sheet, executives said Thursday during the company's third-quarter conference call with...
View ArticleFitch: First Data Corp's Rating Unaffected by $3.5 Billion in Proceeds from...
NEW YORK--(BUSINESS WIRE)--First Data Corp.'s (FDC) announcement that its direct parent company, First Data Holdings Inc., intends to sell $3.5 billion of common equity and dedicate the proceeds...
View ArticleFitch Downgrades Chesapeake Energy's IDR to 'B'; Outlook Negative (Fitch Inc)
(Source: Fitch Inc) 16 Dec 2015 5:42 PM EST Fitch Ratings-Chicago-16 December 2015: Fitch Ratings has downgraded Chesapeake Energy Corporation's (Chesapeake; NYSE: CHK) Long-term Issuer Default Rating...
View ArticleFitch Affirms BlackRock Kelso at 'BBB-'; Outlook Revised to Negative
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR), secured debt rating, and unsecured debt rating of BlackRock Kelso Capital Corporations (BKCC) at 'BBB-'....
View ArticleFitch Upgrades Health Care REIT, Inc.'s IDR to 'BBB+'; Outlook Stable
Fitch Ratings has upgraded the credit ratings for Health Care REIT, Inc. (NYSE: HCN) as follows: --Issuer Default Rating (IDR) to 'BBB+' from 'BBB'; --$2.5 billion senior unsecured revolving credit...
View ArticleFitch Rates Whirlpool's Proposed $800MM Sr. Notes Offering 'BBB'; Outlook Stable
Fitch Ratings has assigned a 'BBB' rating to Whirlpool Corporation's (NYSE: WHR) proposed offering of $800 million senior unsecured notes. The offering is expected to be comprised of 3-year notes,...
View ArticleFitch Rates AIMCO's $125MM 6.875% Series A Preferred Stock 'BB-'; Outlook...
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a 'BB-' rating to the $125 million 6.875% series A preferred stock issued by Apartment Investment and Management Company (AIMCO). Net proceeds of...
View ArticleFitch Affirms Kinder Morgan, Inc. and subs. at 'BBB-'; Outlook Stable (Fitch...
(Source: Fitch Inc) 09 Dec 2015 10:23 AM EST Fitch Solutions-New York-09 December 2015: Fitch Ratings has affirmed its 'BBB-' Issuer Default Rating (IDR) and senior unsecured ratings on Kinder Morgan,...
View ArticleFitch Affirms Valero's Ratings at 'BBB'; Outlook Stable (Fitch Inc)
(Source: Fitch Inc) 23 Jul 2015 4:18 PM GMT/UTC Fitch Affirms Valero's Ratings at 'BBB'; Outlook Stable Fitch Ratings-Chicago-23 July 2015: Fitch Ratings has affirmed Valero Energy Corporation's...
View ArticleFitch Affirms Ventas, Inc.'s IDR at 'BBB+' Upon ARC Healthcare & Holiday...
Fitch Ratings has affirmed the ratings for Ventas, Inc. (NYSE: VTR or Ventas) as detailed below. The affirmation follows announcements by Ventas that it agreed to acquire American Realty Capital...
View ArticleFitch Assigns 'BBB-' Rating to FS Investment Corp; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) and secured debt rating of 'BBB-' to FS Investment Corp's (FSIC). The Rating Outlook is Stable. KEY RATING...
View ArticleFitch Affirms Bunge's IDR at 'BBB'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Bunge Ltd.'s (Bunge) 'BBB' long-term IDR. The ratings apply to approximately $5.9 billion of total outstanding debt (granting 50% equity credit for...
View ArticleOklahoma City-based Continental Resources reduces drilling operations budget...
Continental Resources Inc. executives Tuesday cut the company's drilling budget again as oil prices continue to weigh on the oil and natural gas industry. The Oklahoma City-based oil and natural gas...
View ArticleFitch Rates Kimco's $500MM 3.2% Senior Unsecured Notes Due 2021 'BBB+'
Fitch Ratings has assigned a credit rating of 'BBB+' to the $500 million of 3.2% senior unsecured notes due 2021. The notes were priced at 99.8% of par to yield 3.232% to maturity at a 105 bps spread...
View ArticleFitch Upgrades Boston Properties' IDR to 'BBB+'; Outlook Stable
Fitch Ratings has upgraded the credit ratings for Boston Properties, Inc. (NYSE: BXP) and Boston Properties Limited Partnership as follows: Boston Properties, Inc. --Issuer Default Rating (IDR) to...
View ArticleFitch Assigns Initial 'BBB-' Ratings to TPG Specialty Lending; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has assigned an initial long-term Issuer Default Rating (IDR), a secured debt rating and an unsecured debt rating of 'BBB-' to TPG Specialty Lending, Inc....
View ArticleContinental Resources Reports Fourth Quarter And Full-Year 2015 Results Three...
, Feb. 24, 2016 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (the "Company") today announced fourth quarter and full-year 2015 operating and financial results. Continental reported a net...
View ArticleContinental Resources Announces 2016 Budget Of $920 Million In...
(Source: Continental Resources Inc) , /PRNewswire/ -- (NYSE: CLR) ('' or the 'Company') today announced a budget of in non-acquisition capital expenditures for 2016, a 66% reduction from 2015's budget....
View ArticleFitch Upgrades Comcast's IDR to 'A-'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded to 'A-' from 'BBB+' the Issuer Default Ratings (IDRs) assigned to Comcast Corporation (Comcast) and its wholly owned subsidiaries included in...
View ArticleFitch Affirms Forest City's IDR at 'BB-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Forest City Enterprises, Inc. (NYSE: FCEA, NYSE: FCEB, collectively 'FCE') as follows: --Issuer Default Rating (IDR) at 'BB-';...
View ArticleFitch Affirms Tenet's IDR at 'B'; Outlook Revised to Stable (Fitch Inc)
(Source: Fitch Inc) 18 Mar 2016 2:58 PM EST Fitch Ratings-New York-18 March 2016: Fitch Ratings has affirmed Tenet Healthcare Corp.'s (Tenet) ratings, including the long-term Issuer Default Rating...
View ArticleFitch Affirms Chesapeake Energy's IDR at 'BB-'; Outlook Revised to Negative...
(Source: Fitch Inc) 04 Dec 2015 11:30 AM EST Fitch Ratings-Chicago-04 December 2015: Fitch Ratings has affirmed Chesapeake Energy Corporation's (Chesapeake; NYSE: CHK) Long-term Issuer Default Rating...
View ArticleFitch Affirms KKR at 'A' and KKR Financial Holdings at 'A-'; Outlook Stable...
(Source: Fitch Inc) 05 Nov 2015 5:41 PM GMT/UTC Fitch Ratings-New York-05 November 2015: Fitch Ratings has affirmed the long-term Issuer Default Ratings (IDRs) of KKR & Co. L.P. and its related...
View ArticleFitch Affirms Ventas, Inc.'s IDR at 'BBB+' on SNF Spin-off and Ardent...
(Source: Fitch Inc) Fitch Affirms Ventas, Inc.'s IDR at 'BBB+' on SNF Spin-off and Ardent Announcements; Outlook Stable RatingsEndorsement Policy 06 Apr 2015 9:13 AM (EDT) Fitch Ratings-New York-06...
View ArticleFitch Affirms Chesapeake Energy's IDR at 'BB'; Outlook Revised to Stable...
(Source: Fitch Inc) 04 Jun 2015 11:39 AM Fitch Affirms Chesapeake Energy's IDR at 'BB'; Outlook Revised to Stable Fitch Ratings-Chicago-04 June 2015: Fitch Ratings has affirmed all ratings for...
View ArticleContinental Resources Reducing 2015 Capital Spending To Align With Projected...
OKLAHOMA CITY, Sept. 8, 2015 /PRNewswire/ --Â Continental Resources, Inc. (NYSE: CLR) (Continental or the Company) today announced plans to spend approximately $300 to $350 million less than its...
View ArticleFitch Withdraws Public Storage's Ratings (Fitch Inc)
(Source: Fitch Inc) 18 Sep 2015 2:57 PM GMT/UTC Fitch Withdraws Public Storage's Ratings Fitch Ratings-New York-18 September 2015: Fitch Ratings has affirmed and withdrawn the following ratings for...
View ArticleFitch Affirms Ventas, Inc.'s IDR at 'BBB+' on SNF Spin-off and Ardent...
Fitch Ratings has affirmed its ratings on Ventas, Inc. (NYSE: VTR) and certain rated subsidiaries (collectively, Ventas) following the company's announcements that it intends to spin-off 355 primarily...
View ArticleFitch Expects to Rate Caterpillar's Planned Sr Unsec Notes 'A'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings expects to assign a rating of 'A' to Caterpillar Inc.'s (CAT) planned issuance of approximately $2 billion of senior unsecured notes. The new notes will consist...
View ArticleContinental Resources Reducing 2015 Capital Spending To Align With Projected...
OKLAHOMA CITY, Sept. 8, 2015 /PRNewswire/ --Â Continental Resources, Inc. (NYSE: CLR) (Continental or the Company) today announced plans to spend approximately $300 to $350 million less than its...
View ArticleEnergy firms turn attention to cash flow
The oil business no longer is focused primarily on how much oil can be found, produced and moved to market. Twenty months into the ongoing oil price downturn and eight years into a low natural gas...
View ArticleFitch Affirms Buckeye Partners at 'BBB-'; Outlook Stable (Fitch Inc)
(Source: Fitch Inc) 31 Aug 2015 1:58 PM GMT/UTC Fitch Affirms Buckeye Partners at 'BBB-'; Outlook Stable Fitch Ratings-New York-31 August 2015: Fitch Ratings has affirmed the Issuer Default Rating...
View ArticleFitch: Weatherford's Equity and Equity-Like Offering Has No Near-Term Rating...
(Source: Fitch Inc) 21 Sep 2015 8:00 PM GMT/UTC Fitch: Weatherford's Equity and Equity-Like Offering Has No Near-Term Rating Impact Fitch Ratings-Chicago-21 September 2015: Weatherford International...
View ArticleContinental Resources Reducing 2015 Capital Spending To Align With Projected...
(Source: Continental Resources Inc) OKLAHOMA CITY, Sept. 8, 2015 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) (Continental or the Company) today announced plans to spend approximately $300...
View ArticleFitch Affirms Ladder Capital's IDR at 'BB'; Outlook Stable (Fitch Inc)
(Source: Fitch Inc) 08 Sep 2015 6:01 PM GMT/UTC Fitch Affirms Ladder Capital's IDR at 'BB'; Outlook Stable Fitch Ratings-New York-08 September 2015: Fitch Ratings has affirmed the long-term Issuer...
View ArticleMatson Secures Attractive New Financing Arrangements - Enters into agreement...
HONOLULU, July 30, 2015 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today announced that it has entered into a private placement...
View ArticleFitch Upgrades Brixmor LLC's IDR to 'BB+'; Outlook to Positive
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the credit ratings of Brixmor LLC (Brixmor) as follows: --Issuer Default Rating (IDR) to 'BB+' from 'BB-'; --Senior unsecured notes to 'BB+' from...
View ArticleFitch Rates Brixmor OP's $500MM 3.875% Notes due 2022 'BBB-'; Outlook Stable...
(Source: Fitch Inc) 04 Aug 2015 4:08 PM GMT/UTC Fitch Rates Brixmor OP's $500MM 3.875% Notes due 2022 'BBB-'; Outlook Stable Fitch Ratings-New York-04 August 2015: Fitch Ratings has assigned a 'BBB-'...
View ArticleContinental Resources reports $140M loss in fourth quarter
Continental Resources Inc. on Wednesday reported a net loss of $140 million, or 38 cents a share, in the fourth quarter as increased production and lower costs partially offset much lower oil prices....
View ArticleFitch Affirms Caterpillar and Caterpillar Financial at 'A'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and long-term debt ratings at 'A' for Caterpillar Inc. (CAT), Caterpillar Financial Services Corporation (CFSC),...
View ArticleFitch Upgrades Goodyear's IDR to 'BB'; Outlook Stable (Fitch Inc)
(Source: Fitch Inc) 14 Mar 2016 10:14 AM EST Fitch Ratings-Chicago-14 March 2016: Fitch Ratings has upgraded the Issuer Default Ratings (IDR) of The Goodyear Tire & Rubber Company (GT) and its...
View ArticleAmend: Fitch Affirms Caterpillar and Caterpillar Financial at 'A'; Outlook...
CHICAGO--(BUSINESS WIRE)--(This will serve as a correction to the release that went out earlier today: it amends the information previously disclosed regarding Fitch's calculation of CFSC's balance...
View ArticleContinental Resources Announces 2016 Budget Of $920 Million In...
OKLAHOMA CITY, Jan. 26, 2016 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") today announced a budget of $920 million in non-acquisition capital expenditures...
View ArticleContinental Resources Announces 2016 Budget Of $920 Million In...
OKLAHOMA CITY, Jan. 26, 2016 /PRNewswire/ -- Continental Resources, Inc. (NYSE: CLR) ("Continental" or the "Company") today announced a budget of $920 million in non-acquisition capital expenditures...
View ArticleContinental cuts drilling budget by two-thirds but predicts price recovery
Continental Resources Inc. said Tuesday it will cut capital expenditures by two-thirds amid lower oil prices, but company leaders predict a price recovery later this year. Continental said it plans to...
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