E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers K > Headlines for KB Home > News item
Published on 9/14/2017 in the Prospect News Bank Loan Daily, Prospect News Convertibles Daily and Prospect News High Yield Daily.

Fitch raises KB Home debt to BB-

Fitch Ratings said it affirmed the issuer default rating of KB Home at B+ and upgraded the unsecured debt rating to BB-/RR3 from B+/RR4.

The outlook was revised to positive from stable.

Fitch said the outlook revision reflects its expectation of continued deleveraging trends, driven by the company's strong revenue growth, improving profitability and debt paydown.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.