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Published on 1/25/2018 in the Prospect News High Yield Daily.

Fitch ups Christian Savings to BB-

Fitch Ratings said it upgraded Christian Savings Ltd.’s long-term issuer default rating to BB- from B+ and viability rating to bb- from b+.

The outlook is stable.

Fitch said the upgrades reflect the improvement in the organization's risk appetite, a significant uplift in capitalization, and earnings and profitability that were better than the agency expected.


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