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

NEW YORK--()--Link to Fitch Ratings' Report: U.S. Homebuilding, Building, and Home Products and Services Recovery Tools

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=864740

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' (Aug. 14, 2012);

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

Applicable Criteria and Related Research:

Corporate Rating Methodology - Including Short-Term Ratings and Parent and Subsidiary Linkage

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=749393

Recovery Ratings and Notching Criteria for Non-Financial Corporate Issuers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=813588

US Homebuilding Industry -- Recovery Rating Methodology

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=381568

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

Contacts

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

Contacts

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