Fitch Downgrades Hovnanian's IDR to 'B-'; On Rating Watch Negative.
Business Wire › January 18, 2008
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Fitch Downgrades Hovnanian's IDR to 'B-'; On Rating Watch Negative.
NEW YORK -- Fitch Ratings has downgraded Hovnanian Enterprises, Inc. (NYSE:HOV) Issuer Default Rating (IDR) and outstanding debt ratings as follows:
--IDR to 'B-' from 'BB-'; --Senior unsecured notes to 'B-/RR4' from 'BB-'; --Unsecured bank credit facility to '...See the full content of this document
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