OREANDA-NEWS. Fitch Ratings plans to withdraw the ratings on PulteGroup, Inc. and Centex Corp. on or about July 8, 2016 for commercial reasons.

Fitch currently rates PulteGroup, Inc. and Centex Corp. as follows:

PulteGroup, Inc.

--Long-Term Issuer Default Rating (IDR) 'BBB-'; Outlook Stable;

--Senior unsecured notes 'BBB-';

--Unsecured revolving credit facility 'BBB-';

--Term loan 'BBB-'.

Centex Corp.

--Long-Term IDR 'BBB-'.

Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. Fitch believes that investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market of the rating withdrawal of PulteGroup, Inc. and Centex Corp. Ratings are subject to analytical review and may change up to the time Fitch withdraws the ratings.

Fitch's last rating action for the above referenced entities was on March 14, 2016. The ratings were upgraded to 'BBB-' from 'BB+' and the Rating Outlook was revised to Stable from Positive.