Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc. - S&P Global Ratings’ Credit Research

Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc.

Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc. - S&P Global Ratings’ Credit Research
Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc.
Published Jan 02, 2014
Published Jan 02, 2014
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Abstract:

FNF announced that it has closed on its acquisition of LPS. We are affirming our 'BBB-' rating on FNF and affirming our ratings on FNF's senior unsecured notes. We are raising our rating on LPS's senior notes and removing it from CreditWatch based the guarantee of these notes from FNF and today's transaction. We are withdrawing our corporate credit and all other ratings on LPS. The stable outlook reflects our expectation for a broader and more-diversified post-closing business profile, continued market-share leadership, and strong profitability for FNF's title insurance group. On Jan. 2, 2014, Standard&Poor's Ratings Services affirmed its 'BBB-' long-term counterparty credit rating on Fidelity National Financial Inc. (FNF). The outlook is stable. We have also affirmed

  
Report Type:

Research Update

Ticker
Issuer
GICS
Property & Casualty Insurance (40301040)
Sector
Global Issuers , Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc." Jan 02, 2014. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fidelity-National-Financial-Inc-BBB-Rating-Affirmed-On-Acquisition-Of-Lender-Processing-Services-Inc-1235470>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Fidelity National Financial Inc. 'BBB-' Rating Affirmed On Acquisition Of Lender Processing Services Inc. Jan 02, 2014. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Fidelity-National-Financial-Inc-BBB-Rating-Affirmed-On-Acquisition-Of-Lender-Processing-Services-Inc-1235470>
  
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