Friday September 21, 2018 17:19

Stcoks Press Release : 28 Sep 2012

Fitch Rates ICBCTL’s Guaranteed Bonds Final ‘AAA(tha)’ Stcoks—28 Sep 12

Fitch Ratings (Thailand) Limited has assigned ICBC (Thai) Leasing Company Limited’s (ICBCTL) THB3bn two-year and THB2.6bn three-year guaranteed bonds final National Long-Term Ratings of ‘AAA(tha)’. The Outlook is Stable. The bonds are

China Fishery Group Rating Lowered To 'B+' On Rising Regulatory Risk, High Parental Leverage; Stcoks—28 Sep 12

- China Fishery's business risk profile is likely to weaken due to increasing regulatory risks from its operations in Russia. - The weak financial risk profiles of China Fishery's parent companies also constrain the rating. - We are lowering our

French Real Estate Company Fonciere des Regions Assigned 'BBB-/A-3' Ratings; Outlook Stcoks—28 Sep 12

- French real estate company Foncière des Regions (FDR) has, in our view, a strong business risk profile, underpinned by a large portfolio of income-producing assets that generates stable and predictable cash flow. - We assess FDR's financial risk

S&PCORRECT: Ratings On Australian Capital Territory Affirmed At ‘AAA/A-1+’; Outlook Stcoks—28 Sep 12

(Editor's Note: In the third paragraph of this media release it incorrectly stated that the territory is currently phasing out duties over five years; duties and some taxes are being phased out over a period of 5 or 20 years depending on the duty. The

Sumitomo Electric Assigned 'A-1' Short-Term Rating; Long-Term Rating Affirmed; Outlook Is Stcoks—28 Sep 12

TOKYO (Standard & Poor's) Sept. 28, 2012--Standard & Poor's Ratings Services today assigned an 'A-1' short-term corporate credit rating to leading Japan-based wire and cable manufacturer Sumitomo Electric Industries Ltd. (A/Stable/A-1). At the same time,

Narita International Airport Preliminary Rating On Domestic Bond Shelf Rated Stcoks—28 Sep 12

TOKYO (Standard & Poor's) Sept. 28, 2012--Standard & Poor's Ratings Services today assigned its 'AA-' preliminary debt rating to Narita International Airport Corp.'s (NAA; AA-/Negative/A-1+) ¥200 billion domestic bond shelf registration effective for

Loyvic Pty Ltd.'s Senior Debt Rated 'BB+' And IPM Australia Ltd. Issuer Rating Affirmed At 'BB+'; Stcoks—28 Sep 12

MELBOURNE (Standard & Poor's) Sept. 28, 2012—Standard & Poor's Ratings Services today said that it had assigned its 'BB+' rating to Loyvic Pty Ltd.'s (LoyVic) A$1.06 billion senior secured debt. We also affirmed the issuer credit rating of 'BB+' on

Hitachi Capital Servicer Assigned ABOVE AVERAGE Ranking As A Residential Loan Special Servicer; Stcoks—28 Sep 12

- Hitachi Capital Servicer's main business activity as a residential loan special servicer is servicing defaulted loan receivables that it receives from Japan Housing Finance Agency and financial institutions. - The company is working to expand its

Rating On Hummingbird Securitisation's Series 2 Loan CDO Kept On CreditWatch Positive After Stcoks—28 Sep 12

TOKYO (Standard & Poor's) Sept. 28, 2012--Standard & Poor's Ratings Services today said that it has kept its 'CCC (sf)' rating on Hummingbird Securitisation Ltd.'s series 2 loan (Hummingbird 2 loan) synthetic collateralized debt obligation (CDO)

Fortescue Metals Group 'BB-' Rating Affirmed With Negative Outlook; Senior Unsecured Debt Rating Stcoks—28 Sep 12

MELBOURNE (Standard & Poor's) Sept. 28, 2012—Standard & Poor's Ratings Services said today that it had affirmed its 'BB-' corporate credit rating on Australia-based mining company Fortescue Metals Group Ltd. The rating outlook is negative. We have

Japan Housing Finance Agency's ?129.9 Billion Series 65 Structured Issuance Assigned 'AAA (sf)' Stcoks—28 Sep 12

- JHF's series 65 fixed-rate residential mortgage-secured pass-through notes are a structured note issuance that JHF originated. A pool of residential mortgage loans ultimately backs the notes. - We have assigned our 'AAA (sf)' rating to the notes, based

Bright Food (Group) Co. Ltd. Assigned 'BBB-' And 'cnA-' Ratings; Outlook Stcoks—28 Sep 12

- Shanghai-based food conglomerate BFG has a diversified business portfolio, strong market positions, weak profitability, and an aggressive capital structure, in our view. - We believe there is a "moderately high" likelihood of extraordinary support from

New Zealand-Based MARAC Insurance Ltd. Assigned 'BB+' Ratings; Outlook Stcoks—28 Sep 12

MELBOURNE (Standard & Poor's) Sept. 28, 2012—Standard & Poor's Ratings Services said today that it has assigned its 'BB+' financial strength and issuer credit ratings to New Zealand-based insurer MARAC Insurance Ltd. (MIL). The rating outlook is

Tod Burwell named BAFT-IFSA CEO Stcoks—28 Sep 12

Washington, September 25th 2012 - Tod Burwell has been named president and CEO of BAFT-IFSA, the leading global financial services association for international transaction banking. The board unanimously endorsed Burwell’s selection following a

Gemalto expands mobile payment software solution Stcoks—28 Sep 12

Singapore, September 26th 2012 - Gemalto, the world's leader in digital security, today announced the expansion of its mobile payment software solution to include the Western Union Money Transfer® service. Gemalto's LinqUs Mobile Payment Platform has

ATMIA publishes end-to-end encryption best practices Stcoks—28 Sep 12

September 26th 2012 - The ATM Industry Association (ATMIA), the only global non-profit association for the ATM industry, announced today the publication of new End-to-End Encryption best practices for all ATMs. The manual shows stepby-step how to encrypt

G&D adds Visa mobile approval to worldwide TSM services Stcoks—28 Sep 12

Munich, September 25th 2012 - Visa has approved the TSM (Trusted Service Manager) centers operated by Giesecke & Devrient (G&D) in Munich and Toronto for commercial NFC applications. After previously receiving MasterCard certification for its two TSM

Trevor Chudleigh appointed Fullerton business development head Stcoks—28 Sep 12

Singapore, September 25th 2012 - Fullerton Fund Management Company Ltd (Fullerton) announced the appointment of Mr Trevor Chudleigh as Head of Business Development, effective 1 October 2012. In his new role, Mr Chudleigh will be responsible for driving

WB/Costa Rica: 95,000 Youngsters, Many of Them from Low Income Backgrounds, to Access Innovative Stcoks—28 Sep 12

WASHINGTON, September 27th, 2012 — Almost 100,000 young Costa Ricans will benefit from innovative and better university education, as a result of a US$200 million loan aimed at strengthening the scientific, technological and academic capacities of

Guatemala/WB: New 2013-2016 Partnership Promotes Socially Inclusive and Stcoks—28 Sep 12

Public Safety and Gender Equality to Become Cross-Cutting IssuesIt Contemplates More than US$500 Million in Resources WASHINGTON, September 27th, 2012 — The World Bank (WB) Board of Directors approved today the new 2013-2016 Country Partnership

Haiti/Wb: 2013/14 Strategy Focuses On Reconstruction And Capacity Building For Stcoks—28 Sep 12

Reduces the vulnerability of Haiti’s population to natural disastersProvides cholera prevention education for over 1.5 million people and over 600,000 people with water treatment products and/or soapSupports the return of 45,000 people to safer

WB/Uruguay: More than 45,000 Children to Have Access to Full-Time Schools Stcoks—28 Sep 12

WASHINGTON, September 27th, 2012 — More than 45,000 children will benefit from the Support to Uruguayan Public Schools Project approved today by the World Bank (WB) Board of Directors. The US$40 million project will continue to support the

$70 Million for Karnataka Health System Development and Reform Project, India – Over a 1000 Stcoks—28 Sep 12

WASHINGTON, September 27, 2012 - The World Bank today approved a $70 million additional credit to the Karnataka Health System Development and Reform Project to further support development of the state’s health system, particularly in underserved

$84 Million for Bihar Panchayat Strengthening Project, India Stcoks—28 Sep 12

The Project will strengthen Panchayati Raj Institutions across 1,300 gram panchayats in six districts of Bihar WASHINGTON, DC, September 27, 2012- The World Bank today approved $84 million credit for the Bihar Panchayat Strengthening Project to support

$37 Million Additional Financing for Himachal Pradesh Mid Himalayan Watershed Development Project, Stcoks—28 Sep 12

This Project will scale up watershed treatment to another 102 gram panchayats to maximize the availability of water in over 700 gram panchayats in 10 districts of Himachal Pradesh WASHINGTON, September 27 2012 - The World Bank today approved additional

‘Friends of Yemen’ Meeting Delivers US$1.5 Billion Boost to Yemen’s Transition Stcoks—28 Sep 12

NEW YORK, September 27, 2012 – Additional pledges of support totaling US$1.5 billion were announced today at the ‘Friends of Yemen’ conference in New York City. This brings the total amount of international support for the two-year

High-Tech Cars Alone Can’t Fix Problem of Transport Emissions Stcoks—28 Sep 12

Turning the Right Corner - New World Bank report says broader reforms, changes in mobility patterns needed BERLIN, September 27, 2012 --- Developing countries need to transition to a low-carbon transport sector now to avoid locking themselves into an

Statement at the Conclusion of an IMF Mission to Chad Stcoks—28 Sep 12

September 27, 2012 An International Monetary Fund (IMF) mission led by Mr. Jaroslaw Wieczorek, Mission Chief for Chad, visited N’Djamena during the period September 12-27, 2011 to conduct consultations under Article IV of the IMF Articles of

Statement on the Conclusion of an IMF Staff Mission to Armenia Stcoks—28 Sep 12

September 27, 2012 An IMF mission led by Mark Horton visited Yerevan during September 5–18 to conduct discussions for the Fifth Review of the Extended Fund Facility/Extended Credit Facility arrangements and the 2012 Article IV consultations. After

CORRECTION: Ratings On Australian Capital Territory Affirmed At ‘AAA/A-1+’; Outlook Stcoks—28 Sep 12

(Editor's Note: In the third paragraph of this media release it was incorrectly stated that the territory is currently phasing out duties over 10 years; the correct phasing out period is five years. The media release is being republished to correct the

Rating Lowered To 'A' On Norco, CA Enterprise Revenue Refunding Bonds On Uneven Finances And Weaker Stcoks—28 Sep 12

SAN FRANCISCO (Standard & Poor's) Sept. 27, 2012--Standard & Poor's Ratings Services lowered its underlying rating (SPUR) to 'A' from 'AA-' on Norco Financing Authority, Calif.'s enterprise revenue refunding bonds (issue of 2009), issued for the City of

Outlook Revised To Stable On Flagstaff, AZ's GO Bonds And COPs Because Of Good Budget Stcoks—28 Sep 12

SAN FRANCISCO (Standard & Poor's) Sept. 27, 2012--Standard & Poor's Ratings Services revised its outlook to stable from negative on Flagstaff, Ariz.'s general obligation (GO) bonds and certificates of participation (COPs). At the same time, Standard &

Il Fornaio (America) Corp. 'B+' Outlook Revised To Negative On Weaker-Than-Expected Credit Stcoks—28 Sep 12

- We expect U.S. restaurant operator Il Fornaio's profitability to be lower next year than we had previously anticipated, resulting in weaker cash flows and a delay in the improvement in debt leverage we had expected. - We are revising our rating outlook