FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / ...

ABL Advisor Search Results

News Stories (18 Results) - Corporate Ratings

The U.S. sovereign rating is supported by structural strengths that include the size of the economy, high per capita income and a dynamic business environment. The U.S. benefits from issuing the U.S. dollar, the world's pre-eminent reserve currency... Read Story

March 30, 2020, 09:10 AM

Fitch Ratings has affirmed the 'BB' Long-Term Issuer Default Rating (IDR) and debt ratings of Fifth Street Finance Corp (FSC). The Rating Outlook is Negative. Fitch has chosen to withdraw the ratings of FSC for commercial reasons. A full list of... Read Story

June 08, 2016, 07:29 AM

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to the Class A Notes and the Class B Notes (together, the “Notes”) issued by Oxford Finance Funding 2016-1 LLC. Oxford Finance LLC is the originator and servicer of the Oxford Finance... Read Story

May 31, 2016, 07:36 AM

Fitch Ratings has affirmed Ares Capital Corporation's (Ares) Long-Term Issuer Default Rating (IDR) and secured and unsecured debt ratings at 'BBB' following the announced acquisition of American Capital, Ltd. (ACAS). The Rating Outlook is Stable. The... Read Story

May 24, 2016, 07:01 AM

After five issuer defaults already this month accounting for nearly $2 billion in new volume, Fitch Ratings now expects the US high-yield default rate to end 2015 at around 3.5% -- above the 2.9% trailing 12- month (TTM) rate through September. This... Read Story

October 12, 2015, 07:23 AM

Fitch Ratings does not anticipate any current impact to Ares Capital Corporation's (Ares Capital) 'BBB' ratings resulting from General Electric Corporation's (GE) announcement that it plans to divest the majority of General Electric Capital... Read Story

April 15, 2015, 07:12 AM

Fitch Ratings has assigned a 'BBB-/RR1' rating to Staples, Inc.'s new credit facilities, composed of a $3 billion five-year asset based lending (ABL) revolver and a $2.75 billion six-year secured term loan. Fitch currently rates Staples' Long-term... Read Story

April 13, 2015, 08:00 AM

Fitch Ratings has downgraded the Long-term Issuer Default Rating (IDR) for RadioShack Corporation (RadioShack) to 'D' from 'C' following the company's announcement that it has filed Chapter 11. Fitch has also affirmed the 'CCC-/RR2' rating on... Read Story

February 09, 2015, 07:15 AM

RadioShack Corporation announced that Standard General LP and certain other investors have replaced GE Capital as the lead lender under RadioShack's $585 million senior secured asset based lending (ABL) credit facility (which included a $50 million... Read Story

October 07, 2014, 07:26 AM

Fitch Ratings has assigned issuer and expected issue level ratings related to Burger King Worldwide, Inc.'s (Burger King; NYSE: BKW) proposed acquisition of Tim Hortons, Inc. The debt is being issued by 1011778 B.C. Unlimited Liability Company... Read Story

September 19, 2014, 07:09 AM

Widening in J.C. Penney's (JCP) five-year credit default swap (CDS) spreads underscores continued investor concern, according to Fitch Solutions. The retailer said last week it would close 33 stores nationwide and cut 2,000 jobs as it struggles to... Read Story

January 21, 2014, 07:04 AM

Fitch Ratings has affirmed its 'CCC' Long-term Issuer Default Rating (IDR) on RadioShack Corporation (RadioShack). Fitch has also assigned ratings to the company's new credit facilities. Key Rating Drivers:The IDR reflects the significant decline in... Read Story

December 24, 2013, 08:02 AM

Fitch Ratings has assigned a 'BB-/RR1' rating to J.C. Penney's new five-year $1.75 billion senior secured term loan facility. The closing of the new facility is contingent upon the successful tendering or defeasance (of at least two-thirds of the... Read Story

May 01, 2013, 07:03 AM

Fitch Ratings rates Flowers Foods, Inc.'s new five-year senior unsecured term loan 'BBB' with commitment levels of up to $300 million. Pricing will be approximately LIBOR + 187.5 basis points. The proceeds will be used to help finance the pending... Read Story

April 15, 2013, 07:27 AM

Fitch Ratings maintains the Rating Watch Positive on Dole Food Co., Inc. (Dole; NYSE DOLE) and Solvest Ltd. - Dole's wholly-owned subsidiary ratings as follows: Dole (Operating Company) Long-term Issuer Default Rating (IDR) 'B+'; Asset-based... Read Story

March 19, 2013, 08:03 AM

Fitch Ratings has assigned a rating of 'BB-/RR1' to Rite Aid Corporation's (Rite Aid) proposed new $1.725 billion secured revolving credit facility due 2018, $900 million senior secured term loan B due 2020, and $470 senior secured second lien term... Read Story

February 06, 2013, 08:07 AM

Fitch Ratings has affirmed SUPERVALU Inc.'s (SVU) Issuer Default Rating (IDR) at 'CCC' following its announcement of a definitive agreement to sell its Albertsons, Acme, Jewel-Osco, Shaw's and Star Market stores and related Osco and Sav-on (brands... Read Story

January 14, 2013, 07:04 AM

Fitch Ratings has affirmed its ratings on Neiman Marcus, including the Issuer Default Rating (IDR) on Neiman Marcus, Inc. and its subsidiary, The Neiman Marcus Group, Inc., at 'B'. The Rating Outlook has been revised to Positive from Stable. NMG had... Read Story

November 30, 2012, 07:26 AM