senior bonds

Rating Agency Developments

On September 27, Fitch updated its global rating criteria for trade receivables securitizations.  Fitch Report. 

On September 26, S&P requested comment on collateral coverage and issue notching rules for “1+” and “1” recovery ratings on senior bonds secured by utility real property.  S&P Report.     

On September 21, Fitch updated its criteria for analyzing large loans in U.S. CMBS.  Fitch Report. 

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