Fitch Ratings

Company description

Fitch Ratings Inc. is a jointly owned subsidiary of Hearst Corporation and FIMALAC SA. On April 12, 2012, Hearst increased their stake in the Fitch Group to 50%. Previously, Hearst owned a 40% stake in the company, while FIMALAC was the majority owner with a 60% stake.  Fitch Ratings is dual-headquartered in New York, USA, and London.

Fitch Ratings was founded as the Fitch Publishing Company on December 24, 1913, by John Knowles Fitch. Located in the heart of the Financial District in New York City, the Fitch Publishing Company began as a publisher of financial statistics. Today, Fitch Ratings has over 2,000 professionals at more than 50 worldwide offices.

Company details

New York
One State Street Plaza

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • May 10, 2022

    Aegea issues debentures to finance Teresina waterworks PPP project

    Aegea Saneamento e Participações SA (Aegea), the project owner of the Teresina waterworks concession in Brazil, has proposed fourth sustainable debenture issue of Águas de Te...

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  • March 17, 2022

    Fitch to rate private activity revenue bonds of Maryland Light Rail Purple Line P3

    Fitch Ratings has assigned a 'BBB(EXP)' expected rating to approximately US$100 million of private activity revenue bonds (PABs) series 2022A (green bonds) and US$509 million of series 2022B PABs (gre...

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  • November 23, 2017

    Ferrovial places a 500 million euro 2.124% perpetual hybrid bond

    Ferrovial has successfully priced a €500 million (US$ 588,49 million) perpetual hybrid bond. The issue will pay a 2.124% annual coupon until 14 May 2023.

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  • June 16, 2017

    Indiana to reclaim control of I-69 Project

    The state of Indiana plans to take control of the troubled I-69 Section 5 P3 project from Bloomington to Martinsville three years after hiring a private developer for it.

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  • March 23, 2017

    Ferrovial places a 500 million euro 8-year bond at a 1.375% coupon

    Taking advantage of the current market conditions with low interest rates, Ferrovial has priced a €500 million (US$540 million) 8-year senior bond. The issue was priced at 85 basis points ov...

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  • September 28, 2016

    Fitch says US PPP Growth constrained without federal leadership

    The poor condition of US infrastructure is a national issue but future infrastructure investment and growth in public-private partnerships (PPPs) to meet this challenge will be constrained without mea...

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  • June 21, 2016

    Financial close reached for Maryland rail P3

    The financing includes an $875 million TIFIA loan from United States Department of Transportation and $313 million of "Green Bond" designated Private Activity Bonds underwri...

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  • June 01, 2016

    Fitch assigns rating for financing of Maryland transit P3

    Fitch Ratings has assigned an expected rating of 'BBB+(EXP)' to approximately US$323 million of senior Maryland Economic Development Corporation private activity bonds (PABs), series 2016A-D issued on...

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  • April 12, 2016

    Fitch downgrades Private Activity Bonds of Isolux I-69 P3

    Fitch Ratings has recently announced that it has downgraded the Indiana Finance Authority's private activity bonds (PABs) issued on behalf of I-69 Development Partners for the I-69...

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  • February 09, 2016

    Fitch Ratings appoints Head of EMEA Infrastructure Group

    Fitch Ratings has announced the appointment of Ian Dixon as Managing Director and Analytical Head of the EMEA Infrastructure & Project Finance Group.

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