|
|
|
Kuwait: Standard and Poor's Ratings Services said it downgraded its long- and short-term counterparty credit ratings on Kuwait-based wholesale institution Gulf Investment Corporation G.S.C. (GIC) to 'BBB-/A-3' from 'BBB/A-2'....
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-” of Allstate Insurance Group (Allstate) and its members. Additionally, A.M. Best has affirmed the ICR of...
Fitch Ratings has affirmed four and downgraded four classes of notes issued by Race Point CLO Ltd./Inc. (Race Point CLO). Cash flow and portfolio default modeling were conducted in accordance with Fitch's 'Global Criteria for...
Fitch Ratings assigns an 'AA+' rating to bank bonds corresponding to the following two series of New York City Transitional Finance Authority (TFA) bonds: --Future tax secured bonds fiscal 2003 series C-5; --New York City...
Fitch Ratings has affirmed Transportadora de Gas Internacional S.A. E.S.P.'s (TGI) foreign and local currency Issuer Default Ratings (IDRs) at 'BB'. Higher Leverage and Parent Support: TGI's leverage level is moderately high...
Ohio Attorney General Richard Cordray has filed a lawsuit against national securities and credit ratings agencies Standard & Poor’s, Moody’s and Fitch over what the AG's office called "false and misleading" securities...
NEW YORK----Fitch Ratings has affirmed the following ratings for Bon-Ton and revised the Rating Outlook to Stable from Negative. The Outlook revision reflects Bon-Ton's success in amending and extending its credit facility,...
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed Flowserve Corporation's Issuer Default Rating (IDR) and senior secured bank facilities as follows: --Senior secured bank facilities at 'BB+'. The Positive Rating Outlook...
In the wake of the sharp downturn in the valuations of mortgage-backed securities last year, financial firms justified their investment in these non-transparent instruments on the triple ratings accorded to them.
Woodside Petroleum Ltd's credit ratings are under pressure after the oil and gas producer said that costs at its Pluto LNG project had blown out by up to 10 per cent. Standard & Poor's Ratings Services said on Friday it had...
