Fitch affirms Beazer Homes USA at B-
Fitch Ratings has affirmed the ratings for Beazer Homes USA (BZH), including the company's issuer default rating at 'B-' to reflect the company’s solid liquidity position and business model. Fitch elaborated on this saying:
The rating for BZH is based on the company's execution of its business model in the current moderately recovering housing environment, its land policies, and geographic diversity. The company's rating is also supported by its solid liquidity position. The Stable Outlook takes into account the improving housing outlook for 2013 and 2014.