Posts Tagged ‘Outlook’

Fitch Expects to Rate Ocwen Financial Corp’s New Senior Secured Term Loan ‘BB-’; Outlook Stable
NEW YORK—-Fitch Ratings expects to assign a ‘BB-’ rating to Ocwen Financial Corp’s $350 million Senior Secured facility maturing in 2015. Proceeds from the new loan facility are expected to be used to replace the bridge financing to be used to fund Ocwen’s purchase of the HomEq Servicing portfolio and as additional acquisition financing.

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Moody’s cuts rating outlook on UDR to ‘negative’
Moody’s Investors Service on Friday downgraded its rating outlook on UDR Inc. to “negative” from “stable,” citing the apartment investor’s high debt relative to its cash flow.

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Research and Markets: UK Personal Lending 2010: UK Consumer Credit Market in 2009 and Future Outlook
DUBLIN—-Research and Markets has announced the addition of the “UK Personal Lending 2010: UK Consumer Credit Market in 2009 and Future Outlook” report to their offering.

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Fitch Rates Schertz-Seguin LGC, TX’s $22MM Contract Revs ‘AA-’; Outlook Stable
AUSTIN, Texas—-Fitch Ratings assigns an ‘AA-’ rating to the following Schertz-Seguin Local Government Corporation , TX’s contract revenue bonds:

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Fitch Affirms Newfield’s IDR at ‘BB+’ and Upgrades Sr Sub Notes to ‘BB’; Outlook Stable
CHICAGO—-Fitch Ratings has affirmed Newfield Exploration Company’s Issuer Default Rating at ‘BB+’ and upgraded the company’s senior subordinated note rating to ‘BB’ from ‘BB-’.

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Positive outlook brings cheer to economy
Consumer confidence has been given a big boost, after a recent survey showed that Singaporeans are returning to their previous spending habits. According to a report by credit card giant Mastercard, local consumers are more positive about the economic outlook than compared to two years ago.

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Fitch Rates Rhode Island’s $144.7MM GO Bonds ‘AA’; Outlook Negative
NEW YORK—-Fitch Ratings assigns an ‘AA’ rating to the following State of Rhode Island and Providence Plantations’ general obligation bonds:

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Moody’s assigns B1 rating to Emaar; negative outlook
DIFC, April 27, 2010: Moody’s Investors Service has today assigned a corporate family rating (CFR) and a probability of default rating (PDR) of B1 to Emaar Properties PJSC (”Emaar”). The outlook is negative.

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Fitch Rates Starwood’s New Credit Facility ‘BB+’; Outlook Stable
NEW YORK—-Fitch Ratings has assigned a ‘BB+’ rating to Starwood Hotels & Resorts Worldwide Inc.’s new $1.5 billion unsecured credit facility. The Rating Outlook is Stable.

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Fitch Rates BayCare Health System (Florida) 2010 Rev Bonds ‘AA-’; Outlook Stable
NEW YORK—-Fitch Ratings has assigned an ‘AA-’ underlying rating on the expected issuance of approximately $196 million of City of Tampa health system revenue bonds series 2010. The bonds are expected to be issued as fixed rate bonds and will be used to refund the majority of BayCare Health System’s outstanding series 1998A bonds.

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