Ninth Edition of the Fitch 50: Fitch Ratings profiles 50 prominent U.S. leveraged issuers in this recurring structure-focused special report series. This compilation illustrates capital structures with organizational debt diagrams, and highlights Fitch’s rating rationales and key credit drivers. The companies included in this report have a cumulative $506.7 billion of debt outstanding, comprising high-yield bonds and leveraged loans. This is down from $586 billion last year, reflecting a smaller median company size of $5.05 billion in revenue, compared with $5.5 billion in last year’s edition.