"Kasım 5, 2024" Arşivleri

Arşiv Sayfaları

Fitch downgrades — then upgrades — FOA issuer default rating

Credit rating agency Fitch announced this week that its long-term issuer default rating for Finance of America was downgraded to “restricted default” status following its recently publicized debt exchange plan. The rating was then upgraded to “CCC” following the completion of the exchange agreement. Fitch explained its rationale for the whipsaw of ratings by characterizing…

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