Outlook

2024 - 4 - 8

The Rollercoaster Ride of Leveraged Markets in 2023 and Beyond

Alumni Awards - Financial Markets - Fitch Ratings - Global Economy

Discover the latest updates on leveraged markets and high-speed rail operators in South Korea with Fitch Ratings.

The year 2023 brought a rollercoaster ride for leveraged markets globally, as challenges loomed over the financial landscape. Fitch Ratings highlighted the deteriorating outlook for leveraged markets, setting the tone for a turbulent period. As the market braced itself, the 2024 Annual Manual shed light on the intricate workings of the U.S. leveraged finance market, providing insights for investors and analysts alike.

In the midst of this financial turbulence, Fitch Ratings made significant affirmations and assignments in the market. From affirming South Korea's high-speed rail operator SR Co., Ltd.'s Long-Term Foreign Rating to assigning Zhejiang Changsanhe Holding Group its first-time Long-Term Ratings, the market saw notable movements. These actions signal key developments in the sector, reflecting the dynamic nature of leveraged finance.

On the housing front, disparities emerged among countries in feeling the financial pinch. While some countries experienced immediate effects, others may face delayed impacts due to varying interest rates. Homeowners are on edge as mortgage rates fluctuate, emphasizing the interconnectedness of global financial markets.

Amidst the market fluctuations, Fitch Ratings maintained stability by affirming China-based Xiaomi Corporation's Long-Term Ratings. With a stable outlook, Xiaomi navigates through the financial uncertainties, showcasing resilience in a volatile market environment.

Did you know that high-speed rail operators, like SR Co., play a vital role in South Korea's transportation infrastructure, driving economic growth and connectivity? Additionally, Zhejiang Changsanhe Holding Group's entry into the leveraged finance market marks a significant milestone, reflecting the evolving landscape of global finance.

Deteriorating Outlook for Leveraged Market After Challenging 2023 (Fitch Ratings)

Related Content: The 2024 Annual Manual (A Primer on the U.S. Leveraged Finance Market)Fitch Ratings-New York-08 April 2024: The leveraged finance marke.

Fitch Affirms SR's IDR at 'A+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Singapore/Sydney-08 April 2024: Fitch Ratings has affirmed South Korea-based high-speed rail operator SR Co., Ltd.'s (SR) Long-Term Foreig.

Fitch Assigns Zhejiang Changsanhe Holding Group First-Time 'BBB ... (Fitch Ratings)

Fitch Ratings-Hong Kong/Shanghai-08 April 2024: Fitch Rating has assigned Zhejiang Changsanhe Holding Group Co., Ltd. (ZCHG) Long-Term Foreign and Local.

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Housing is One Reason Not All Countries Feel Same Pinch of ... (International Monetary Fund)

Effects may be delayed in some countries: if interest rates remain higher for longer, homeowners will likely feel their effects as mortgage rates adjust.

Fitch Affirms Xiaomi at 'BBB'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Hong Kong-08 April 2024: Fitch Ratings has affirmed China-based Xiaomi Corporation's Long-Term Foreign- and Local-Currency Issuer Default.

Fitch Affirms Hangzhou Fuyang City Construction Investment at 'BBB ... (Fitch Ratings)

Fitch Ratings-Hong Kong/Shanghai-08 April 2024: Fitch Ratings has affirmed Hangzhou Fuyang City Construction Investment Group Co., Ltd.'s (FCCI) Long-Te.

Fitch Affirms ING Bank A.S. at 'B '; Outlook Positive (Fitch Ratings)

Fitch Ratings-London-08 April 2024: Fitch Ratings has affirmed ING Bank A.S.'s (INGBT) Long-Term (LT) Foreign-Currency (FC) Issuer Default Rating (IDR)

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Alum improves HIV and AIDS outlook in Nigeria (University of Leeds)

Chikaodili Mary-Kate Deng (MPh Public Health 2009) has been recognised with a Study UK Alumni Award for her contribution to care systems for HIV and AIDS in ...

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Dark Clouds in the Distance but Bright Spots Remain: Nova Scotia's ... (conferenceboard.ca)

This annual economic forecast for the province of Nova Scotia examines the economic outlook for the province, including gross domestic product (GDP), ...

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Aging and Energy Crossroads: Alberta's Outlook to 2045—April 2024 (conferenceboard.ca)

This annual economic forecast for the province of Alberta examines the economic outlook for the province, including gross domestic product (GDP), ...

Fitch Affirms Sonic Automotive's IDR at 'BB'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Chicago-08 April 2024: Fitch Ratings has affirmed Sonic Automotive, Inc.'s Long-Term Issuer Default Rating (IDR) at 'BB'. The Rating Outlo.

Fitch Publishes Grupo Nutresa's 'BBB' Ratings; Outlook Stable (Fitch Ratings)

Fitch Ratings-New York/Bogota-08 April 2024: Fitch Ratings has published Grupo Nutresa S.A.'s 'BBB' Long-Term Foreign and Local Currency Issuer Default.

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China uncertainty clouds outlook for luxury sector (Reuters India)

Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand ...

External Emails Will Be Tagged in Outlook Starting April 10 (University of Arkansas Newswire)

Securing our campus community is an ongoing effort as cybercriminals continue to mature. In this era of persistent cyber threats, our university can be secure ...

Fitch Affirms Perenti at 'BB+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Sydney-09 April 2024: Fitch Ratings has affirmed Perenti Limited's Long-Term Issuer Default Rating (IDR) at 'BB+'. The Outlook is Stable.T.

Fitch Affirms ERG S.p.A. at 'BBB-'; Outlook Stable (Fitch Ratings)

Fitch Ratings-Milan-09 April 2024: Fitch Ratings has affirmed Italian renewables generation company ERG S.p.A.'s Long-Term Issuer Default Rating (IDR) a.

Fitch Downgrades ATP Tower to 'BB-' from 'BB'; Outlook Negative (Fitch Ratings)

Fitch Ratings-Monterrey-09 April 2024: Fitch Ratings has downgraded ATP Tower Holdings, LLC's (ATP) Long-Term Foreign Currency Issuer Default Rating and.

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Sustaining Momentum Amidst Changing Conditions: Alberta's Five ... (conferenceboard.ca)

This issue briefing presents the economic outlook for Alberta for the next five years. It looks at the labour market and how high interest rates and ...

Fitch Affirms Silgan Holdings IDR at 'BB+'; Outlook Stable (Fitch Ratings)

Fitch Ratings-New York-09 April 2024: Fitch Ratings has affirmed Silgan Holdings Inc.'s Long-Term Issuer Default Rating (IDR) at 'BB+'. In addition, Fit.

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