Fitch Updates Recovery Analyses for U.S. Homebuilding and Building Materials Issuers

CHICAGO--()--Fitch Ratings has published updated recovery analyses for U.S. Homebuilders and Building Materials companies, including:

Beazer Homes USA, Inc.

Hovnanian Enterprises, Inc.

KB Home

M/I Homes, Inc.

Standard Pacific Corp.

USG Corporation

The interactive recovery analysis worksheets are available at 'www.fitchratings.com' under the following headers:

Sectors >> Corporate Finance >> Corporates >> Research

Additional information is available at 'www.fitchratings.com'.

Applicable Criteria and Related Research:

--'Corporate Rating Methodology' (May 28, 2014);

--'Recovery Ratings and Notching Criteria for Nonfinancial Corporate Issuers' (August 14, 2012);

-- U.S. Homebuilding Industry - Recovery Rating Methodology (April 7, 2008).

Applicable Criteria and Related Research: U.S. Homebuilding, Building, and Home Products and Services Recovery Models (Second Quarter 2014)

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=799528

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Contacts

Fitch Ratings
Robert Rulla
Director
+1-312-606-2311
Fitch, Inc.
70 West Madison St.
Chicago, IL 60602
or
Robert Curran
Managing Director
+1-212-908-0515
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com

Contacts

Fitch Ratings
Robert Rulla
Director
+1-312-606-2311
Fitch, Inc.
70 West Madison St.
Chicago, IL 60602
or
Robert Curran
Managing Director
+1-212-908-0515
or
Media Relations
Sandro Scenga, New York, +1-212-908-0278
sandro.scenga@fitchratings.com