Fitch originally placed GFNorte and Banorte on
RWN after the announcement of an agreement to merge GFNorte and Grupo Financiero Interacciones, S.A.B.
According to Fitch, outlooks on all National Long-Term Ratings are Stable with the exception of Arab International Lease (AIL) whose ratings have been maintained on
RWN pending the outcome of negotiations entered into by France's Groupe BPCE (GBPCE, A+/Stable) with Morocco's Banque Centrale Populaire (BCP) concerning the sale of GBPCE's 60% shareholding in Banque Tuniso-Koweitienne (BTK), AIL's direct 95% shareholder.
Founded in 1978 by a group led by Jane Plitt and Mona Miller,
RWN was born of the frustration women often felt because men had their own networking opportunities, while women were relegated to stewing alone over the gender wage gap, sexual harassment and the absence of women on corporate boards.
Clear visualization of
RWN and round window membrane (RWM) through the facial recess is a prime prerequisite for the surgeon to properly localize the scala tympani, which represents an optimal target for the inserted electrode.
The Short-Term Foreign- and Local-Currency IDRs of 'F1+' and the issue ratings of 'AA' on Qatar's long-term foreign-currency senior unsecured bonds have also been placed on
RWN.
"We are pleased to be partnering with
RWN once again and this asset is a great addition to our growing portfolio of mixed use assets in the area".
Fitch has also placed on
RWN the 'BBB' Long-term foreign currency rating of KazAgro's senior unsecured $1 billion Eurobond issue due 2023 (ISIN XS0934609016).
However the SNS Bank's viability rating (VR) was downgraded from bbb- to bb, while at the same time removing it from the
RWN. No change was made on the Ratings Watch Evolving (RWE) on SRLEV's and REAAL Schadeverzekeringen's Insurer Financial Strength.
Fitch warned last month to place Spain's sovereign debt under the
RWN for
The
RWN mainly reflects the concerns over the risk of further asset quality and earnings deterioration as a result of the group's large exposure to the real estate sector, particularly land.
All ratings have been removed from rating watch negative (
RWN).
International credit agency Fitch has placed Bulgaria-based fuel distributor Petrol AD's Long-term Issuer Default Rating (IDR) of 'CC' on Rating Watch Negative (
RWN).