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Chicago Mayor Brandon Johnson appointed Ashlee Gabrysch, formerly senior director at Fitch Ratings, to serve as chief financial officer.
1h ago -
Some public pensions "don't have good regular reporting on where their public equities are," which makes it hard to gauge the extent of the concentration, Equable Executive Director Anthony Randazzo said.
August 10 -
Fitch cited very strong revenue defensibility and the expectation the utility's finacial profile and performance will improve.
July 28 -
Leverage issues led to Fitch lowering the outlook on the AA-minus-rated bonds.
July 27 -
Fitch Ratings upgraded Cook County to AA-plus from AA on Monday, citing the county's moderating long-term liability burden and sustained resource base growth.
July 15 -
Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.
April 28 -
Fitch Ratings released a draft of climate vulnerability in rating criteria for public finance issuers that earned a thumbs-up from Municipal Market Analytics.
February 26 -
KBRA and Fitch Ratings downgraded Chicago's general obligation bonds to BBB-plus from A-minus on Wednesday, and both kept their rating outlooks at negative.
February 25 -
Fitch Ratings downgraded Nebraska's Regional West Health Services by two notches, lowering its long-term issuer default rating to CCC from B-minus.
December 31 -
Fitch Ratings cited the hospital's growing revenue and other factors in lifting the issuer's outlook.
October 16 -
Fitch cited the system's operating performance and plans for up to $4.2 billion in addional debt.
September 18 -
Fitch cited improved long-term liability metrics.
September 12 -
The rating agency cited stong debt service coverage and modest leverage.
August 11 -
Fitch said the train line's ridership and revenue ramp-up continue to lag projections.
July 31 -
The negative outlook affects about $1.1 billion in combined GO and lease revenue debt, according to Fitch.
July 11 -
Public pension benefit improvements could put credit pressure on states that enact them, the rating agency said this week.
October 22 -
Fitch cited economic and demographic factors in explaining the downgrade.
September 11 -
Fitch also upgraded the city's Georgia Municipal Association certificates of participation (city of Atlanta public safety projects) to AA-plus from AA.
September 10 -
Agency cites growing debt levels and midrange demographic and economic factors.
August 26 -
Long-term liabilities have gone down and revenues have gone up, Fitch said.
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