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DIARY-Government Debt Auctions to Sept. 29

Aug 27- For other diaries, please see: Top Economic Events Polling unit diary Today in Washington Political and general news. DATE TIME COUNTRY AMOUNT AUCTION DETAILS. 29 August Italy Bills auction 29 August France Auction of BTF treasury notes 30 August Italy Medium long-term auction 30 August Belgium Auction of Treasury bills 30 August Japan Auction of 2-...

Source: Reuters

Novelis Announces Preliminary Results of Tender Offer for 8.375% Senior Notes due 2017

ATLANTA, Aug. 26, 2016/ PRNewswire/-- Novelis Inc., the world leader in aluminum rolling and recycling, announced today the results of its previously announced cash tender offer for any and all of its 8.375% Senior Notes due 2017, upon the terms and conditions included in the Offer to Purchase, dated August 15, 2016, as amended. As of the Early Tender Deadline, which was...

Source: PR Newswire

Investors pull out of European stocks in record outflow streak, pile into bonds

Investors prefer bonds over stocks, and European equities are well out of favor, according to the latest fund flow data.

Source: CNBC.com

Fitch Affirms Hurst-Euless-Bedford ISD, TX ULT GO Bonds at 'AA+'; Outlook Stable

NEW YORK---- Fitch Ratings has affirmed the' AA+' rating on $274 million Hurst-Euless-Bedford Independent School District, Texas unlimited tax bonds. The bonds are payable from an unlimited property tax levied against all taxable property within the district and are further backed by the Texas Permanent School Fund bond guaranty program, rated' AAA' by Fitch..

Source: Business Wire

A.M. Best Downgrades Ratings of Istmo Compañía de Reaseguros, Inc., Aseguradora del Istmo, S.A. and Liffey Reinsurance Company Ltd.; Places Under Review With Negative Implications

Best has downgraded the financial strength rating to B++ from A- and the issuer credit ratings to“ bbb” from“ a-” of Istmo Compañía de Reaseguros, Inc., Aseguradora del Istmo, S.A. and Liffey Reinsurance Company Limited. Best has placed the ratings under review with negative implications. As of March 2016, Istmo Re’ s financial leverage and interest coverage ratios...

Source: Business Wire

Fitch Places Ratings of 25 Tax Supported Hospital Districts Revenue and GO Bonds on Rating Watch

CHICAGO---- Fitch Ratings has placed the ratings of 25 tax supported hospital districts and authorities on Rating Watch Evolving, listed in the attachment. The action impacts approximately $5.6 billion of total debt outstanding. Tax-Supported Rating Criteria on April 18, 2016.

Source: Business Wire

Fitch Upgrades Niagara Falls, NY's IDR and GOs to 'BBB+'; Outlook Stable

NEW YORK---- Fitch Ratings has upgraded the following Niagara Falls, NY ratings to' BBB+' from' BBB':. Niagara Falls' IDR at the' BBB+' level incorporates its narrow, tourism-dependent economy, generally flat revenue performance, adequate expenditure controls and moderate liability burden. Niagara Falls is a city of approximately 49,000 residents located on the western...

Source: Business Wire

Fitch Downgrades Four Classes of MSCI 2005-IQ9

NEW YORK---- Fitch Ratings has downgraded four and affirmed 10 classes of Morgan Stanley Capital I Trust's commercial mortgage pass-through certificates, series 2005- IQ9. Fitch modeled losses of 26.9% of the remaining pool; expected losses on the original pool balance total 5.8%, including $29.8 million in realized losses to date. As of the August 2016...

Source: Business Wire

Fitch Affirms Ingredion Inc.'s IDR at 'BBB'; Outlook Stable

CHICAGO---- Fitch Ratings has affirmed the long-term Issuer Default Rating for Ingredion Inc. at' BBB'. The rating applies to approximately $1.8 billion in outstanding debt. The Rating Outlook is Stable.

Source: Business Wire

AllianceBernstein Global High Income Fund, Inc. Reports First Quarter Earnings

NEW YORK, Aug. 26, 2016/ PRNewswire/-- AllianceBernstein Global High Income Fund, Inc., a registered closed‑ end investment company, today announced earnings for the first quarter ended June 30, 2016. Total net assets of the Fund on June 30, 2016 were $1,129,804,493, as compared with $1,090,254,836 on March 31, 2016 and $1,186,420,436 on June 30, 2015.

Source: PR Newswire