Form 8-K Och-Ziff Capital Managem For: Sep 29
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall St set for higher open but weekly losses loom
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
Fitch Places Och-Ziff (OZM) on Watch for Downgrade
September 30, 2016 12:34 PM EDTFitch Ratings has placed its 'BBB-' Long-Term Issuer Default Rating (IDR) and 'BBB-' senior unsecured debt rating for Och-Ziff Capital Management LLC (NYSE: OZM) and its subsidiaries on Rating Watch Negative.
KEY RATING DRIVERS
IDR AND SENIOR UNSECURED DEBT
The Rating Watch Negative follows yesterday's announcement that OZM has entered into a settlement with the Department of Justice (DOJ) and Securities and Exchange Commission (SEC) regarding violations of the Foreign Corrupt Practices Act (FCPA). The settlement includes a $412 million fine and deferred prosecution agreement for OZM and a guilty plea by one of... More
S&P Downgrades Och-Ziff (OZM) to 'BBB-'; Outlook is Negative
September 30, 2016 12:04 PM EDTS&P Global Ratings said it lowered its issuer credit ratings on Och-Ziff Capital Management Group LLC (NYSE: OZM), as well as OZ Management LP, OZ Advisors LP, and OZ Advisors II LP (collectively, these three partnerships are referred to as the operating group), and Och-Ziff Finance Co. LLC to 'BBB-' from 'BBB'. The outlook is negative. At the same time, we lowered our senior unsecured debt ratings to 'BBB-' from 'BBB'.
The company recently announced that it has reached settlements with the Department of Justice (DOJ) and the SEC, resolving their investigations... More
