Friday November 16, 2018 08:58

Stcoks Press Release : 23 May 2014

Fitch: Thailand#s Coup not an Immediate Ratings Trigger Endorsement Stcoks—23 May 14

The military takeover of Thailand's government on 22 May is not in itself a negative sovereign ratings trigger, Fitch Ratings says. The key factor for Thailand's sovereign credit profile is the speed at which the country can move towards installing an

Korea Hydro Nuclear Power#s U.S. Dollar-Denominated Senior Unsecured Bonds Rated Stcoks—23 May 14

HONG KONG (Standard & Poor's) May 23, 2014--Standard & Poor's Ratings Services today assigned its 'A+' rating to Korea Hydro & Nuclear Power Co. Ltd.'s (KHNP; A+/Stable/--) US$200 million floating-rate senior unsecured bonds maturing May 22,

Photo Release: EcoLightTech Asia 2014 inks pact with KBANK to offer easy and fast approval Stcoks—23 May 14

EcoLightTech Asia 2014, represented by N.C.C. Exhibition Organizer (NEO) General Manager Mr. Panithan Bumrasarinpai (left), along with Mr. Photjanart Sangpruaksa (right), First Senior Vice President, Kasikorn Bank (KBank), will offer 100% full loan with

Ratings On Hydra V Funding RMBS Senior Bonds And Subordinated Beneficial Interests Stcoks—23 May 14

At closing, six underlying trusts were established to hold six pools (one pool per underlying trust) of mortgage loan receivables respectively originated by Bank of the Ryukyus, The Tottori Bank, Fukushima Bank, SBI Mortgage, Shinsei Property Finance,

Ratings On Singapore Affirmed At #AAA/A-1+# On Robust Public Outlook Stcoks—23 May 14

Singapore's robust public finances, strong external position, political stability, and prudent economic management support the ratings. Some vulnerability to shocks remain nonetheless. We are affirming the 'AAA' long-term and 'A-1+' short-term sovereign

French City of Marseille #A/A-1# Ratings Outlook Stable Stcoks—23 May 14

The ratings on the French City of Marseille reflect our favorable assessment of the institutional framework for French cities, and our view that the city has sound budgetary performance and a clear financial strategy of debt containment. We are affirming

Ratings On Government of Georgia Affirmed At #BB-/B#; Outlook Stable Stcoks—23 May 14

After accelerating in 2014, Georgia's longer term growth prospects should remain strong, in our view, but will likely be tempered by subdued investment and frailties in both the regional economy and political environment in the short term. We expect that

Ratings On Swiss Confederation Affirmed At #AAA/A-1+#; Outlook Stable Stcoks—23 May 14

The Swiss Confederation has a prosperous, competitive, and diversified economy with a strong external position and significant monetary flexibility. We are therefore affirming our 'AAA/A-1+' long- and short-term sovereign credit ratings on

The Netherlands #AA+/A-1+# Ratings Outlook Stable Stcoks—23 May 14

We believe that the Dutch government will continue to consolidate its budgetary position, supported by a gradually improving economic background.We are therefore affirming our 'AA+/A-1+' ratings on The Netherlands.The outlook is stable as we currently

Greater London Authority Rating Affirmed At #AA+# On Continued Government Outlook Stcoks—23 May 14

The Greater London Authority's (GLA's) credit profile benefits from the strong ongoing and extraordinary support it receives from the U.K. government. The GLA's forecast financial performance and debt levels are mainly driven by the authority's

Swedish Municipality of Huddinge #AA+/A-1+# And #K-1# Ratings Affirmed On Sound Budgetary P Outlook Stcoks—23 May 14

In our base case through 2016, we expect the Swedish Municipality of Huddinge to maintain sound operating balances and modest capital expenditures. We think Huddinge's tax-supported debt will remain adequate over our 2014-2016 outlook horizon, despite

Russian Samara Oblast Outlook Revised To Negative On Weakened #BB+# And #ruAA+# Ratings Stcoks—23 May 14

We expect the budgetary performance of Russia's Samara Oblast to be only modest in the next three years because of slowing tax revenue growth and the need to meet social and capital spending needs. We now view the oblast's liquidity as "neutral," as we

City of Stockholm #AAA/A-1+# Ratings Affirmed On Robust Budgetary Performance, Very Positive Stcoks—23 May 14

Sweden's capital city of Stockholm will retain robust budgetary performance, in our view, as sound operating balances and substantial capital revenues are offsetting the city's budgetary pressures from increasing capital expenditures and contributions to

Outlook On Japan-Based Tokyu REIT Revised To Ratings Affirmed At #A/A-1# Stcoks—23 May 14

Tokyu REIT (TRE) is a listed J-REIT that invests in office buildings and retail properties. We believe TRE's rental revenue is stabilizing as Japan's office leasing market gradually recovers, and we expect its profitability indicators and financial

Italian Province of Rome #BBB# Rating Affirmed On Sound Budgetary P Outlook Remains Stcoks—23 May 14

We anticipate that the Italian Province of Rome will maintain sound budgetary performance, with robust cash flows and a reduction in high tax-supported debt. We currently assume that the administrative transformation of Rome province into a "metropolitan

Ratings On Genworth Australia Affirmed Following Settlement Of Partial Outlook Revised To Stcoks—23 May 14

MELBOURNE (Standard & Poor's) May 23, 2014--Standard & Poor's Ratings Services said today that the ratings on Genworth Financial Mortgage Insurance Pty. Ltd. (Genworth Australia; AA-/Stable) have been affirmed and the outlook revised to stable

Ratings On States of Jersey Affirmed At #AA+/A-1+#; Outlook Stable Stcoks—23 May 14

In our view, Jersey has mature political and institutional settings, transparent economic decision-making, and high fiscal flexibility.It also has a wealthy, market-oriented, and open economy. We are affirming our 'AA+/A-1+' long- and short-term

French Region of Nord Pas de Calais #A+/A-1# Ratings Affirmed On Positive Liquidity Despite Further Stcoks—23 May 14

We believe the French Region of Nord Pas de Calais (NPDC) has a favorable institutional framework and a positive liquidity position. In the context of decreasing state transfers and still large capital expenditures, it will post deteriorating budgetary

Emirate of Sharjah #A/A-1# Ratings Affirmed On Robust Economic Outlook Stcoks—23 May 14

We think that the Emirate of Sharjah's GDP per capita will increase on the back of strong growth in the United Arab Emirates (UAE). We expect Sharjah's government interest expenditures, as a percentage of government revenues, to increase to about 12% in

Ratings On Czech City of Olomouc Affirmed At #A-/A-2#; Outlook Remains Stcoks—23 May 14

- Despite the Czech city of Olomouc recording a somewhat weaker budgetary performance than we had previously expected in 2013, we still see a reasonable likelihood that its financial indicators will improve in 2014-2016. - We are affirming our issuer

Ratings On Turkey Outlook Remains Negative Stcoks—23 May 14

- We believe Turkey's policy environment has become less predictable, and that this could weigh on the economy's resilience to external shocks and hamper its long-term growth. - The current account deficit is high, in our view, despite signs of some

Ratings On Czech City of Ostrava Affirmed At #A+/A-1#; Outlook Stable Stcoks—23 May 14

- The Czech city of Ostrava continues to deliver sound budgetary performances and maintain a very positive liquidity position on the back of robust cash generation, largely in line with our previous expectations. - We forecast that the city's debt will

2013 Default Statistics and Rating Transition Rates Stcoks—23 May 14

The Thai economy expanded by only 2.87% year-on-year (y-o-y) in 2013, lower than earlier projections of the 4.5%-5% y-o-y growth. According to the National Economic and Social Development Board (NESDB), gross domestic product (GDP) growth was lower than

Ratings On Spain Raised To #BBB/A-2# On Improved Economic Outlook Stcoks—23 May 14

-We have revised our average 2014-2016 real GDP growth projections for Spain upward to 1.6% from 1.2% reflecting the effects of labor and other structural reforms. -We are therefore raising our long- and short-term sovereign credit ratings on Spain to

KTC breaks new ground with provincial marketing for credit card business. The firm begins with Stcoks—23 May 14

Mrs. Pranaya Nithananon, Vice President - Credit Card Business, “KTC” or Krungthai Card Public Company Limited, said, “We have announced our mandate of becoming number one in the credit card business in five years. One strategy of ours

Maricopa County Unified School District No. 11 (Peoria), AZ Outlook Revised To Negative On Stcoks—23 May 14

SAN FRANCISCO (Standard & Poor's) May 22, 2014--Standard & Poor's Ratings Services revised its outlook to negative from stable on its 'AA-' long-term rating and underlying rating (SPUR) on Maricopa County Unified School District No. 11 (Peoria),

Chorus Ltd. #BBB# Rating Affirmed, Off Outlook Negative On Reducing Covenant Stcoks—23 May 14

MELBOURNE (Standard & Poor's) May 23, 2014--Standard & Poor's Ratings Services said today that it had affirmed its 'BBB' ratings on New Zealand fixed-line telecommunications network company Chorus Ltd. and the company's related debt issues. At

Maryland Department of Transportation#s 2014 Transportation Bonds Rated #AAA#, Parity Debt Rating Stcoks—23 May 14

NEW YORK (Standard & Poor's) May 22, 2014--Standard & Poor's Ratings Services assigned its 'AAA' long-term rating, and stable outlook, to Maryland Department of Transportation's (MDOT) $100 million consolidated transportation bonds, series 2014.

Rockwall CDO Ltd. Ratings Raised On Six One Rating Raised And One Affirmed From Claris III Stcoks—23 May 14

Rockwall CDO Ltd. is a CLO transaction that closed in May 2006 and Claris III Ltd.'s series 16 is a retranche of Rockwall CDO Ltd.'s class A-1LA notes. We raised our ratings on the class A-1LA, A-1LB, A-2L, A-3L, A-4L, and B-1L notes from Rockwall CDO

Reynolds American And Lorillard Ratings Placed On CreditWatch Negative On Possible Stcoks—23 May 14

CHICAGO (Standard & Poor's) May 22, 2014--Standard & Poor's Ratings Services today placed all of its ratings on Winston-Salem, N.C.-based Reynolds American Inc. (RAI), including the 'BBB-' corporate credit rating, on CreditWatch with negative

Recovery do Brasil Consultoria S.A. Ranked ABOVE AVERAGE As A Master And Consumer Special Stcoks—23 May 14

We assigned our ABOVE AVERAGE rankings to Recovery do Brasil Consultoria S.A., both as a master servicer and as a consumer special servicer in the Brazilian market. The overall rankings reflect the lower of the company's management and organization and

Announcing the Advisory Council for the Strategic Framework for Mainstreaming Citizen Engagement in Stcoks—23 May 14

WASHINGTON, May 22, 2014--The World Bank Group has established an Advisory Council to guide the development and implementation of a Strategic Framework for Mainstreaming Citizen Engagement in World Bank Group Operations. The framework is a follow-up to

Barclays appoints Dan Miller head of equities sales trading for HK, China and Stcoks—23 May 14

Hong Kong - Barclays today announces the appointment of Dan Miller as Managing Director, Head of Equities Sales Trading for Hong Kong, China and ASEAN. Mr Miller, who is based in Hong Kong, is responsible for managing and developing Barclays’s low

DBS CFO Chng Sok Hui appointed council member of the International Integrated Reporting Stcoks—23 May 14

SINGAPORE – DBS Chief Financial Officer Chng Sok Hui has been appointed as a Council Member of the International Integrated Reporting Council (IIRC). She is the first member from a Southeast Asia corporate and one of the first from a listed company

AIG Seguros Mexico #mxAAA# National Scale Rating And #A+# Global Scale Financial Strength Rating Stcoks—23 May 14

The ratings on Mexico-based insurer AIG Mexico continue to be explicitly supported by a guarantee provided by American Home Assurance Co. We are affirming our 'A+' global scale financial strength and 'mxAAA'national scale ratings on AIG Mexico. The

Donation of Computer Equipment to Charitable/Non-Profit Organizations in Stcoks—23 May 14

The World Bank office in Croatia invites charitable/non-profit organizations active in Croatia to apply for a donation of used computer equipment. The equipment will be donated to one or more organizations on an ‘as-is, where-is’ condition,

MasterCard acquires ElectraCard Stcoks—23 May 14

Singapore; Purchase, New York; Pune, India – MasterCard (NYSE: MA) today announced that it has entered into an agreement with Opus Software Solutions Pvt. Ltd., (“Opus”) to acquire its subsidiary, ElectraCard Services Private Limited,

Thomson Reuters expands buy-side equity trading capabilities Stcoks—23 May 14

Buy-side customers to gain aggregate view of broker liquidity and improved trade execution capabilities through integration of Autex Indications of Interest data and FlexTrade Execution Management System in Thomson Reuters flagship financial markets

World Bank to Support Chinas Economic Reform Stcoks—23 May 14

WASHINGTON, May 22, 2014 - Today the World Bank Board of Executive Directors approved a loan of $35 million to the People’s Republic of China to support government’s policymaking and strengthen capacity to implement priority reform

World Bank Boosts Support for Recovery in Ukraine Stcoks—23 May 14

WASHINGTON, May 22, 2014 – The World Bank’s Board of Executive Directors today approved three new projects for Ukraine amounting to US$1.48 billion. This new financing will be reinforced by technical assistance and policy dialogue to help

World Bank Helps Guinea-Bissau Expand Agriculture Sector, Create Job Opportunities for Stcoks—23 May 14

WASHINGTON, May 22, 2014 – The World Bank Board of Executive Directors has approved an US$8.2 million credit from the International Development Association (IDA)* to help Guinea-Bissau create jobs and combat food insecurity and poverty by expanding

World Bank Group Supports Romania to Ensure Strong Economic Growth and Prosperity for All its Stcoks—23 May 14

WASHINGTON, May 22, 2014 – The World Bank Group Board of Directors discussed today a Country Partnership Strategy (CPS) for Romania for 2014-2017. The new strategy outlines the Bank’s cooperation with the Government of Romania over the next

IMF Releases Updated Global Standards for External Debt Statistics Stcoks—23 May 14

The IMF has released the 2013 External Debt Statistics: Guide for Compilers and Users (2013 EDS Guide), which contains updated global standards for the compilation, reporting, and analytical use of external debt statistics. The 2013 EDS Guide was