View post on imgur.com France’s credit rating was cut by Fitch Ratings in another blow to politically embattled President Emmanuel Macron as he tries to bolster the country’s public finances with unpopular overhauls. Fitch reduced France’s credit rating to AA- …
Fitch Ratings cut its credit ratings on Russia further into junk territory and warned that Moscow was likely to default on its debts shortly. The ratings company slashed its rating on Russia by six notches to a single-C grade, near …
by laflammaster https://www.fitchratings.com/research/structured-finance/fitch-takes-various-actions-on-already-distressed-bonds-in-two-us-cmbs-transactions-21-01-2022 https://www.fitchratings.com/research/structured-finance/fitch-takes-various-actions-on-already-distressed-bonds-in-two-us-cmbs-transactions-21-01-2022
Fitch says a third of rated Chinese developers would face cash crunch in a scenario where sales fall by 30% China’s real estate sector has been hit by a debt crisis in recent months as the cash crunch of …
by laflammaster Tue 07 Dec, 2021 – 2:08 AM ET Fitch Ratings – Hong Kong – 07 Dec 2021: Fitch Ratings has downgraded China Aoyuan Group Limited’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘C’, from ‘CCC-‘. Fitch has also …
by laflammaster However, data from known developer firms in trouble, shows that Fantasia’s bond debt was only 3.1% ($1.82B) vs Country Garden (19%), Evergrande (16%), and Sunac and Kaisa (both 13%). Fantasia is just a drop in a bucket, a …
by laflammaster Watch the rating agency scene in the big short if you wanna get really pissed:
by laflammaster Caption: UBS https://www.fitchratings.com/research… Caption: COMM https://www.fitchratings.com/research… Caption: Benchmark https://www.fitchratings.com/research… [CSWIDS] More Fitch ratings, this time on RMBS. Towd with only 10.4% above a long-term sustainable level. Starwood contain 54.2% are nonqualified mortgage. Oak with 65.1% designated as non-qualified …
by laflammaster Any data sources would be appreciated outside of Fitch, and a source for a fancy template for calendar would not hurt either.
by laflammaster Caption: Sunac https://www.fitchratings.com/research… Caption: Times China https://www.fitchratings.com/research… Caption: BoA Meryl Lynch https://www.fitchratings.com/research…
by laflammaster Kaisa: We sincerely ask investors to give Kaisa Group more time and patience.
h/t laflammaster
by laflammaster https://www.fitchratings.com/research/corporate-finance/fitch-downgrades-yango-to-c-on-distressed-debt-exchange-02-11-2021
by alfielad2021 October 26 2021 – By Stan Szymanski Yesterday, I wrote a piece titled ‘Whistling Past The Graveyard-Investors Cheer The Interest Payment Made By Evergrande at the 11th hour-The Veiled Risks And Deception Of The Orients’ Real Estate Developers’ …
Settling debts with your cousin in China pic.twitter.com/YiZSGBCuX8 — The Long View (@HayekAndKeynes) September 29, 2021 #Evergrande crisis is spreading to global soccer market:#FabioCannavaro, head coach of Guangzhou Evergrande FC, has left his post by mutual consent, the club confirmed …
Fitch Ratings: Global Bank Rating Out-looks More Negative Than In Mid-2018 https://t.co/xdYmpqRT3X — LiveSquawk (@LiveSquawk) January 29, 2019 Positive S&P500 price action despite fewer beats, more misses, UBS says: Proportion of comps beating/missing expectations has turned neg. 44% of reporters …
We are ‘worst prepared’ for a crisis in the post-war era, IIF CEO says from CNBC. via CNBC: Government debt hit $66 trillion through the end of 2018, or about 80 percent of global GDP, according to Fitch Ratings. An …
via Marketwatch: “I think people are looking at the CBO (Congressional Budget Office) numbers. If people take the time to look at that you can see debt levels moving higher, you can see the interest burden in the U.S. government …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Use of this financial instrument has ballooned. No one knows to what extent because there’s no disclosure. But it was a “key contributor” to the sudden collapse of outsourcing giant Carillion. As regulators and stiffed creditors …
by stockboardasset Las Vegas, one of the epicenters of the real estate crash in 2007 to 2009, has yet to recover from its August 2006 speculative bubble peak, but recently, upside momentum in 2018 prices has Fitch Ratings, a nationally recognized statistical …
