Wednesday September 19, 2018 16:27

Stcoks Press Release : 22 Nov 2016

Digital Ventures Accelerator program is keen to drive Thai startups to achieve sustainable growth Stcoks—22 Nov 16

Marking progress in realizing Digital Ventures' vision to make Thailand one of the best startup ecosystems in South East Asia Digital Ventures, the financial technology investment arm of Siam Commercial Bank (SCB) with ambition to drive changes in Thai

DTC Four Funding RMBS Class A-1, A-2, And D Ratings Class B And C Ratings Affirmed Stcoks—22 Nov 16

TOKYO--22 Nov--S&P Global Ratings

TOKYO (S&P Global Ratings) Nov. 22, 2016--S&P Global Ratings today said it has raised its ratings on classes A-1, A-2, and D by one notch and affirmed its ratings on classes B and C issued under the DTC Four Funding Ltd. (DTC4) transaction (see list below). Class E has already been fully redeemed. Today's rating actions reflect the following:

The construction company Daito Trust Construction Co. Ltd. entered into a master lease agreement with each borrower of the apartment construction loans underlying the transaction.
The borrowers continue to repay principal and pay interest on the loans using the stable income from the master leases.

As a result, the delinquency and default rates of the pool of loans underlying the transaction have been extremely low since closing. The vacancy rates of the collateral properties have remained stable, even though the age of each property exceeds ten years.

For the loans currently outstanding, we assume a foreclosure frequency of about 4% and projected losses (net loss rate after accounting for recoveries from defaulted loans) of about 1% under our base-case scenario, and a foreclosure frequency of about 28% and projected losses of about 10% under our 'AA+' stress scenario.

In calculating foreclosure frequency, we did

Changsha Pilot Investment Holdings Rated #BBB-#, Outlook Proposed Notes Rated Stcoks—22 Nov 16

HONG KONG (S&P Global Ratings) Nov. 22, 2016--S&P Global Ratings today assigned its 'BBB-' long-term corporate credit rating to Changsha Pilot Investment Holdings Co. Ltd. (CPIH). The outlook is stable. At the same time, we assigned our 'cnA-'

Export-Import Bank of China#s Proposed Senior Unsecured Bonds Assigned #AA-# And #cnAAA# Stcoks—22 Nov 16

HONG KONG (S&P Global Ratings) Nov. 22, 2016--S&P Global Ratings today assigned its 'AA-' long-term issue rating to the senior unsecured bonds that Export-Import Bank of China (China EXIM: AA-/Negative/A-1+, cnAAA/cnA-1+)proposes to issue. The

MPC Funding Ltd. Underlying Rating Affirmed At #A# On Continued Strong P Outlook Remains Stcoks—22 Nov 16

SYDNEY (S&P Global Ratings) Nov. 22, 2016--S&P Global Ratings affirmed the 'A' Standard & Poor's Underlying Rating (SPUR) on the senior secured debt issued by MPC Funding Ltd., the funding vehicle for the Melbourne Convention Centre

Rating On U.K.-Based MSI Corporate Capital Affirmed, Then Withdrawn At Company#s Stcoks—22 Nov 16

TOKYO (S&P Global Ratings) Nov. 22, 2016--S&P Global Ratings today said that it has affirmed its 'A+' financial strength rating on U.K.-based MSI Corporate Capital Ltd. (MSICC). We subsequently withdrew our rating on MSICC at the company's

Beacon Interface a new startup of KBank wins Global FinTechHackcelerator in Singapore withits Stcoks—22 Nov 16

Beacon Interface, a new startup company, was awarded two prizes in Singapore FinTech Festival 2016 – aworld-class FinTech competition organized by the Monetary Authority of Singapore (MAS), the city state's financial institution regulator, in

Photo Release: EXIM Thailand Discussed with Chiang Mai FTI on SMEs Exporters and Suppliers Stcoks—22 Nov 16

Mr. Pisit Serewiwattana (second left), President of Export-Import Bank of Thailand (EXIM Thailand), recently met with Mrs. Siriporn Tuntipong (second right), Chairman of the Federation of Thai Industries (FTI), Chiang Mai, at FTI Office, Chiang Mai. The

Photo Release: EXIM Thailand Discusses with Chiang Mai Chamber of Commerce to Promote Chiang Mai as Stcoks—22 Nov 16

Mr. Pisit Serewiwattana (center), President of Export-Import Bank of Thailand (EXIM Thailand), recently met with Mr. Pantawat Kankulsoontorn (third right), Mr. Varodom Pitakanonda (second right), Mr. Nopporn Prayotjaroenpol (far right), Deputy Chairmen

The Platinum Group announces its 9 months financial result. Profit was 523 million baht Expected Stcoks—22 Nov 16

"The Platinum Group announces its 9 months financial result. Profit was 523 million baht. It is expected that Q4/2016, hi-season begins; a full- year performance growth and will meet the target insists to launch new project "Talad Neon" in this

Photo Release: KTC organizes an event Books of Dad, Read for the Blind through Read for the Blind Stcoks—22 Nov 16

"KTC" or Krungthai Card Public Company Limited by Mrs. Kandtharat Chermchitphong, Executive Vice President – Public & Corporate Affairs, and Miss Podchaneeporn Chamnanpukdee, Vice President – Human Resources, incollaboration withMr.

Fitch Affirms 5 Thai State Policy Banks Stcoks—22 Nov 16

Fitch Ratings has affirmed the ratings on the following policy banks in Thailand: Bank for Agriculture and Agricultural Cooperatives (BAAC), Export-Import Bank of Thailand (EXIM), Government Housing Bank (GH BANK), Islamic Bank of Thailand (IBANK) and

Photo Release: Summit Capital opens new branch in Phuket to meet customers rising Stcoks—22 Nov 16

Wichit Phayuhanaveechai, (middle), Chief Executive Officer, Summit Capital Leasing Co., Ltd., leads his company to continue penetrating the southern Thailand market with strategic plan focusing on providing full services and reach a wider range of

Little Thompson Water District, Co Water Sewer Revenue Bond Rating Raised To Stcoks—22 Nov 16

CENTENNIAL (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings raised its long-term rating to 'AA-' from 'A' on Little Thompson Water District, Colo.'s outstanding water and sewer revenue bonds. The outlook is stable. "The raised rating

Centre College of Kentucky Bond Rating Raised To #A# On Strong Enterprise, Financial Stcoks—22 Nov 16

NEW YORK (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings raised its underlying rating (SPUR) on Boyle County, Ky.'s existing bonds, issued on behalf of Centre College of Kentucky, to 'A' from 'A-'. At the same time, S&P Global Ratings

Rating On Grain Spectrum Funding LLC Series 2013-1 Placed On CreditWatch Stcoks—22 Nov 16

Grain Spectrum Funding LLC's series 2013-1 is backed by cellular phone wireless spectrum (transmission frequencies) leases. We placed our 'BBB+ (sf)' rating on CreditWatch negative following the CreditWatch negative placement of the rating on the parent

CSM Bakery Solutions LLC Rating Lowered To #CCC+ From #B# On Operational Outlook Remains Stcoks—22 Nov 16

NEW YORK (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings said today that it lowered its corporate credit rating on CSM Bakery Solutions LLC to 'CCC+' from 'B'. The outlook is negative. At the same time, we lowered our ratings on the

AutoZone Inc.#s Proposed $1.6 Billion Credit Facility Rated #BBB# Stcoks—22 Nov 16

NEW YORK (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings today assigned its 'BBB' issue-level rating to Memphis, Tenn.–based AutoZone Inc.'s proposed $1.6 billion revolving credit facility due 2021. The company also plans to issue a

Pennsylvania 2016 GO Bonds Assigned #AA-# Other Ratings Outlook Negative Stcoks—22 Nov 16

CHICAGO (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings has assigned its 'AA-' rating to the Commonwealth of Pennsylvania's second refunding series of 2016 general obligation (GO) bonds. At the same time, we affirmed our 'AA-' GO rating,

Caterpillar Inc. And Caterpillar Financial Services Corp. Outlook Revised To Negative On Continued Stcoks—22 Nov 16

NEW YORK (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings said today that it has revised its outlook on Peoria, Ill.-based Caterpillar Inc. (CAT) and its wholly owned finance subsidiary, Caterpillar Financial Services Corp., to negative

LCM XVII L.P. Ratings Assigned After Refinancing Stcoks—22 Nov 16

LCM XVII L.P. refinanced its class A, B-1, B-2, and C notes on Nov. 21, 2016, through an optional redemption and replacement note issuance. We withdrew the ratings on the transaction's original class A, B-1, B-2, and C notes following payment in full on

Little Thompson Water District, Co Water Sewer Revenue Bond Rating Raised To Stcoks—22 Nov 16

CENTENNIAL (S&P Global Ratings) Nov. 21, 2016--S&P Global Ratings raised its long-term rating to 'AA-' from 'A' on Little Thompson Water District, Colo.'s outstanding water and sewer revenue bonds. The outlook is stable. "The raised rating

Rating Affirmed On Guanay Finance Ltd. Notes Series 2013-1 Stcoks—22 Nov 16

Guanay Finance Ltd.'s issuance is a securitization backed by airline ticket receivables and cargo services related to services provided by LATAM Airlines Group S.A. under IATA code 045. We affirmed our 'BB' rating on the series 2013-1 notes. The rating

NRZ Advance Receivables Trust 2015-ON1 Notes Series 2016-T4 And 2016-T5 Assigned Preliminary Stcoks—22 Nov 16

NRZ Advance Receivables Trust 2015-ON1's issuance is a servicer advance transaction backed by servicer advance and accrued and unpaid servicing fee reimbursements. We assigned our preliminary ratings to the series 2016-T4 class A-T4 through E-T4 notes

MDU Resources Group Inc. Outlook Revised To Stable From Negative On Planned Sale Of Unregulated Stcoks—22 Nov 16

U.S. regulated utility MDU Resources Group Inc. (MDU) announced the sale of its Pronghorn natural gas processing facility. We are affirming our 'BBB+' issuer credit ratings on MDU and subsidiary Centennial Energy Holdings Inc. and revising the outlook to

IMF Executive Board Concludes Article IV Consultation with Former Yugoslav Republic of Stcoks—22 Nov 16

On November 9, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation[1] with the Former Yugoslav Republic of Macedonia, and considered and endorsed the staff appraisal without a meeting on a lapse of