Fitch Plans to Withdraw Ratings of Home Capital Group, Inc. and Subsidiaries
Fitch currently rates Home Capital Group, Inc.as follows:
Home Capital Group, Inc.
--Long-term IDR at 'BBB-';
--Senior Debt at 'BBB-';
--Viability Rating at 'bbb-';
--Short-term IDR at 'F3';
--Support at '5';
--Support Floor at 'NF'.
Home Trust Company
--Long-term IDR at 'BBB-';
--Senior debt at 'BBB-'
--Viability Rating at 'bbb-';
--Short-term IDR at 'F3';
--Support at '5';
--Support Floor at 'NF'.
Fitch reserves the right in its sole discretion to withdraw or maintain any rating at any time for any reason it deems sufficient. The agency believes that investors benefit from increased rating coverage by Fitch and is providing approximately 30 days' notice to the market on the withdrawal of Home Capital Group, Inc. and its subsidiaries. Ratings are subject to analytical review and change up to the time Fitch withdraws the ratings.
Fitch's last rating action for the above-referenced entities was on March 30, 2015, when the ratings were affirmed with a Stable Outlook.
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