Tag: Fitch Ratings
Origination: Chevron issues US$5.5bn as revenue slumps
Chevron issued US$5.5 billion of notes in August after a disappointing second quarter.
The energy giant reported US$44.8 billion in revenues in Q2 2025, a...
Ratings & Analysis: First Brands Group issuer ratings plunge
Autopart supplier First Brands Group has plummeted in credit agency ratings, declaring bankruptcy in the US.
Fitch dropped the company from B to CCC last...
Rules & Ratings: France falls in Fitch’s ratings
France has suffered a blow to its credit ratings, downgraded by Fitch to AA- from A+ with a stable outlook.
A catalyst for this change...
Origination: Goldman prices US$400 million in notes
Goldman Sachs has priced US$400 million in unsecured notes, due 2030.
The notes have a 5.650% coupon and are expected to be delivered around 9...
Rules & Ratings: Delta gets a positive outlook upgrade at Fitch
Fitch Ratings has revised Delta Art Lines’ credit rating outlook from stable to positive, and affirmed its BBB- long-term Issuer Default Rating (IDR).
This change...
What Mexico’s vol risk means for trading LatAm bonds
In Latin American (LatAm) markets, economic volatility may transfer into market volatility – most notably in Mexico.
In order to manage risk and seize opportunities...
Rules and ratings: S&P gives the nod to US administration’s new...
S&P Global Ratings has affirmed the United States’ credit rating of ‘AA+/A-1+’ with a stable outlook, explicitly linking the decision to the administration’s tariff...
Origination: Carnival eyes IG market with €1 billion issuance
Carnival Corporation and plc have closed their €1 billion senior unsecured notes private offering. The senior unsecured notes have a coupon of 4.125% and...
Rules & Ratings: EM credit risk on the rise, says Fitch
Fitch Ratings has revised its sector outlooks for APAC, Eastern Europe and Sub-Saharan Africa sovereign to ‘deteriorating’ from ‘neutral’ as credit risk rises.
Credit risk...
Rules & Ratings: Big Beautiful Bill highlights US credit cracks
Fitch Ratings has adjusted a quarter of its US sector outlooks for 2025 to ‘deteriorating’.
The agency cited slowing growth, increasing uncertainty and the expectation...
