Fitch Research

Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.
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Latest Reports from Fitch Research
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UBS's 1Q25 Stable as Trading Boosts Allay Integration Costs | May 01, 2025 | ||||||||||||||||||||||
...Credit Comment # May #### fitchratings.com # Banks Universal Commercial Banks Switzerland UBS's #Q## Stable as Trading Boost Allays Integration Costs Credit Comment UBS Group AG's stable #Q## operating profit/risk-weighted assets (RWAs) ratio of #... | |||||||||||||||||||||||
American Express Credit Account Master Trust, Series 2025-2 and 2025-3 - Representations & Warranties | May 01, 2025 | ||||||||||||||||||||||
...Representations & Warranties May #, #### fitchratings.com # Structured Finance Asset-Backed Securities U.S.A. American Express Credit Account Master Trust, Series ####-# and ####-# Related Presale Report American Express Credit Account Master Trust, Series ####-#... | |||||||||||||||||||||||
American Express Credit Account Master Trust, Series 2025-2 and 2025-3 (U.S. ABS) | May 01, 2025 | ||||||||||||||||||||||
...Presale May #, #### fitchratings.com # Structured Finance Asset-Backed Securities U.S.A. American Express Credit Account Master Trust, Series ####-# and ####-# Series ####-# Capital Structure Class Expected Rating Rating Outlook Amount ($ Mil.)a... | |||||||||||||||||||||||
Commercial International Bank (Egypt) S.A.E - Update | May 01, 2025 | ||||||||||||||||||||||
...Update # May #### fitchratings.com # Banks Universal Commercial Banks Egypt Commercial International Bank (Egypt) S.A.E Update Key Rating Drivers Commercial International Bank (Egypt) S.A.E (CIB)'s Issuer Default Ratings are driven by its standalone... | |||||||||||||||||||||||
Banque Misr (S.A.E) - Update | May 01, 2025 | ||||||||||||||||||||||
...Update # May #### fitchratings.com # Banks Universal Commercial Banks Egypt Banque Misr (S.A.E) Update Key Rating Drivers Banque Misr (S.A.E.)'s (BM) Issuer Default Ratings are driven by its standalone strength, as captured by... | |||||||||||||||||||||||
El Paso Electric Company | May 01, 2025 | ||||||||||||||||||||||
...Rating Report May #, #### fitchratings.com # Corporates Electric-Corporate United States El Paso Electric Company El Paso Electric Company's (EPE; BBB/Stable) ratings are underpinned by its operations as a vertically integrated, regulated utility in Texas and... | |||||||||||||||||||||||
North American Leveraged Finance U.S. Monitor Data File: 1Q25 | May 01, 2025 | ||||||||||||||||||||||
Hudbay Minerals Inc. | May 01, 2025 | ||||||||||||||||||||||
...Rating Report May #, #### fitchratings.com # Corporates Natural Resources Canada Hudbay Minerals Inc. Hudbay Minerals Inc.'s (Hudbay; BB-/Stable) ratings and Outlook reflect its mid-tier size, concentration in three mines, and extensive track record of operating... | |||||||||||||||||||||||
Terreno Realty Corporation | May 01, 2025 | ||||||||||||||||||||||
...Rating Report May #, #### fitchratings.com # Corporates Real Estate Investment Trusts United States Terreno Realty Corporation The ratings consider Terreno Realty Corporation's (Terreno; BBB+/Stable) portfolio concentration in strong markets, transparent industrial property-focused business model, experienced... | |||||||||||||||||||||||
Comcast Corp. | May 01, 2025 | ||||||||||||||||||||||
...Rating Report May #, #### fitchratings.com # Corporates Telecommunications United States Comcast Corp. Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Comcast Corp. (Comcast), Comcast Holdings Corporation (CHC), Comcast Cable Communications, LLC (Comcast Cable), and... | |||||||||||||||||||||||
Elvet Mortgages 2023-1 PLC | May 01, 2025 | ||||||||||||||||||||||
Oat Hill No.3 PLC | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2024-1 | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2020-3 | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2020-2 | May 01, 2025 | ||||||||||||||||||||||
Nelnet Student Loan Trust 2020-2 | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2020-1 | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2019-1 | May 01, 2025 | ||||||||||||||||||||||
ECMC Group Student Loan Trust 2018-2 | May 01, 2025 | ||||||||||||||||||||||
Navient Student Loan Trust 2018-3 | May 01, 2025 | ||||||||||||||||||||||