Fitch Ratings

Press release: Leonteq becomes market maker at BX Swiss

Retrieved on: 
星期三, 四月 10, 2024

Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.

Key Points: 
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • Leonteq AG has a BBB credit rating by Fitch Ratings, was assigned with an AA ESG rating by MSCI and is listed on the SIX Swiss Exchange (SIX: LEON).
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

Retrieved on: 
星期三, 四月 10, 2024

Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.

Key Points: 
  • Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.
  • The rating action follows the upgrade of Türkiye's Long-Term IDR to “B+/Positive” from “B/Stable” on March 8th, 2024.
  • The agency has also upgraded the Bank’s Long-Term Senior Unsecured Debt and Subordinated Debt ratings to “B” from “B-“ and to “B-“ from “CCC+”, respectively and the Shareholder Support rating to “b” from “b-“.
  • The Bank’s Viability Rating has also been placed on Rating Watch Positive (RWP) at “b”.

Press release: Leonteq publishes voting results of its Annual General Meeting 2024

Retrieved on: 
星期三, 四月 10, 2024

Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.

Key Points: 
  • Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Inspired Receives Affirmation of Credit Rating by Fitch

Retrieved on: 
星期四, 三月 21, 2024

NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that Fitch Ratings (“Fitch”) has affirmed Inspired’s Long-Term Issuer Default Rating at ‘B’.

Key Points: 
  • NEW YORK, March 21, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that Fitch Ratings (“Fitch”) has affirmed Inspired’s Long-Term Issuer Default Rating at ‘B’.
  • The outlook for the rating is stable.
  • In addition, Fitch has also affirmed Inspired's senior secured instrument rating at ‘BB-’ with a Recovery Rating of ‘RR2’.
  • In affirming the credit ratings Fitch cited that Inspired’s Virtuals and Interactive segments are “highly profitable and have higher structural growth, which should contribute positively to group profitability.” Fitch also noted that, “The Stable Outlook reflects our assumptions that Inspired's organic deleveraging in the upcoming years will be followed by timely addressing its upcoming debt maturities through refinancing.”

Fitch Upgrades Kite Realty Group Trust’s Rating Outlook to ‘Positive’ from ‘Stable’

Retrieved on: 
星期三, 三月 13, 2024

INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Issuer Default Rating.

Key Points: 
  • INDIANAPOLIS, March 13, 2024 (GLOBE NEWSWIRE) -- Kite Realty Group Trust (NYSE: KRG) announced today that Fitch Ratings (“Fitch”) revised its rating outlook for KRG to ‘Positive’ from ‘Stable’ and affirmed the Company’s ratings, including the ‘BBB’ Issuer Default Rating.
  • In its public announcement on the matter, Fitch noted the revision reflects significantly improved leverage and acknowledged KRG’s diversified portfolio “affords KRG the opportunity to take advantage of favorable demographic trends in Texas and Florida (37% of ABR), while also benefitting from the strong asset liquidity and leveragability of select strategic gateway markets such as New York City, Washington, D.C., and Seattle” and noted “if the Company is able to maintain this path, there could be positive rating momentum over the next 12 to 24 months.”

Independence Realty Trust Completes Sale of Three Additional Properties as Part of Portfolio Optimization and Deleveraging Strategy

Retrieved on: 
星期二, 四月 2, 2024

Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the sale of three properties in three markets, as part of the Company’s Portfolio Optimization and Deleveraging Strategy.

Key Points: 
  • Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) announced today the sale of three properties in three markets, as part of the Company’s Portfolio Optimization and Deleveraging Strategy.
  • The total gross sales price of the three properties was $168.1 million, with each property sale closing in March 2024.
  • In total, since the Portfolio Optimization and Deleveraging Strategy was established in October 2023, the Company has sold nine of the targeted 10 properties, generating gross sales proceeds of $496.8 million.
  • Once the sale of all properties under the Portfolio Optimization and Deleveraging Strategy is complete, IRT expects to generate gross sales proceeds of approximately $525.3 million with proceeds used to delever the balance sheet.

HNRC REPORTS RESULTS FOR PERIOD ENDING DECEMBER 31, 2023

Retrieved on: 
星期二, 三月 19, 2024

HOUSTON, March 19, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today results for the year ending December 31, 2023. 

Key Points: 
  • HOUSTON, March 19, 2024 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today results for the year ending December 31, 2023.
  • Financial Results: Twelve Months December 31, 2023 vs Twelve Months December 31, 2022
    Earnings per share for twelve months were $ 0.06 per share.
  • The company has a net asset value of $ 0.42 per share as of December 31, 2023.
  • As of September 30, 2023, total assets of LHO were $70.4 million ( www.hnra-nyse.com )
    HNRC acquired a 40% interest in Rhino Energy Pty Ltd ("Rhino").

West Monroe Unveils Suite of Offerings to Tackle Pressing Challenges in Healthcare Industry

Retrieved on: 
星期一, 三月 18, 2024

CHICAGO, March 18, 2024 /PRNewswire/ -- In a strategic move to address the evolving and critical challenges within the healthcare sector, West Monroe announced the launch of four innovative offerings. These solutions, which are built on the firm's proven capabilities but augmented by access to new technologies, partnerships, and cutting-edge data and analytics, are meticulously designed to confront the pressing issues currently plaguing the healthcare industry, including labor challenges, escalating costs, and the imperative to adapt to new Medicare Star Ratings.

Key Points: 
  • Casey Foss, Chief Commercial Officer at West Monroe, emphasized the significance of West Monroe's new offerings for the healthcare industry.
  • Larry Briski, leader of the healthcare sector at West Monroe over the payer and provider sectors, highlights the comprehensive approach of these offerings.
  • Collectively, West Monroe has either saved money or opened new revenue streams for its healthcare clients in the billions.
  • For more information about West Monroe's healthcare expertise and these offerings, please visit West Monroe Healthcare & Life Sciences .

Press release: Leonteq and Glarner Kantonalbank launch innovative 'bench' 3a pension savings solution

Retrieved on: 
星期三, 三月 13, 2024

Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.

Key Points: 
  • Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Press release: Leonteq publishes agenda and proposals of the Board of Directors for the Annual General Meeting 2024

Retrieved on: 
星期三, 三月 13, 2024

Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.

Key Points: 
  • Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.