Wednesday November 21, 2018 07:12

Stcoks Press Release : 22 Feb 2017

mai to list specialty chemicals distributor Megachem on February 23 Stcoks—22 Feb 17

Market for Alternative Investment (mai) will list Megachem (Thailand) pcl, a distributor of specialty chemicals, on February 23, under the ticker symbol "MGT". The company has a market capitalization at its initial public offering (IPO) of THB 756

Quintiles IMS Holdings Inc. Subsidiary#s New Debt Management And Governance Score Revised To Fair Stcoks—22 Feb 17

NEW YORK--22 Feb--S&P Global Ratings

NEW YORK (S&P Global Ratings) Feb. 22, 2017--S&P Global Ratings said today that it had assigned its 'BBB-' issue-level rating to the U.S.-dollar and euro-denominated senior secured term loans issued by Quintiles IMS Inc., an operating subsidiary of Quintiles IMS Holdings Inc. We assigned a 'BB+' issue-level rating to the senior unsecured euro-denominated notes.

At the same time, we affirmed the 'BBB-' corporate credit rating on Quintiles IMS Holdings Inc. The outlook is stable.
In addition, we revised our management and governance score on Quintiles IMS Holdings Inc. to fair from satisfactory.

Our ratings are unchanged following the incremental debt transaction and recently announced buybacks. While leverage will increase somewhat, we think debt to EBITDA will remain about 4x over time. Free cash flow remains solid, at over $700 million annually. We expect the company to continue to aggressively repurchase shares and make tuck-in acquisitions rather than pay down debt. Our leverage estimate reflects the possibility of some integration friction.

Our ratings on Quintiles IMS continue to reflect our view that the company has two leadership positions in the contract research organization (CRO) and pharmaceutical market data industries. We believe the company has stron

Ocean Wealth II Ltd.#s Credit-Enhanced Loan Participation Notes Rated Stcoks—22 Feb 17

HONG KONG (S&P Global Ratings) Feb. 22, 2017--S&P Global Ratings today assigned its 'BBB+' long-term issuer credit rating and 'cnA+' Greater China regional scale rating to the proposed Chinese renminbi 850 million loan participation notes (LPN)

Ratings On BIS Industries Ltd. Lowered To #CCC-# On Continued Subdued Operating P Outlook Stcoks—22 Feb 17

MELBOURNE (S&P Global Ratings) Feb. 22, 2017--S&P Global Ratings said today that it had lowered its corporate credit rating on Australia-based resource logistics company BIS Industries Ltd. (BIS) to 'CCC-', from 'B-'. The outlook is negative. At

Asteron Life Affirmed At #A+#; Off CreditWatch Outlook Stable Stcoks—22 Feb 17

MELBOURNE (S&P Global Ratings) Feb. 22, 2017--S&P Global Ratings said today that it had affirmed its 'A+' financial strength and issuer credit ratings on Asteron Life Ltd. (Asteron). At the same time, we removed the ratings from CreditWatch,

China Jinmao Holdings# Proposed Guaranteed U.S. Dollar Senior Unsecured Notes Assigned #BBB-# And Stcoks—22 Feb 17

HONG KONG (S&P Global Ratings) Feb. 22, 2017--S&P Global Ratings today assigned its 'BBB-' long-term issue rating and 'cnBBB+' long-term Greater China regional scale rating to a proposed issue of U.S. dollar-denominated senior unsecured notes by

Results of Thailands inaugural SOEs Bond e-Bidding Stcoks—22 Feb 17

Mr. Suwit Rojanavanich, Director General of the Public Debt Management Office (PDMO), announced that the Government Guaranteed Loan Bond (GGLB) of BAAC was auctioned on the SOEs electronic bidding (e-Bidding) platform for the first time on February 20,

Photo Release: KTC and Sports Revolution make donation to the Foundation of Paralympic Thai Stcoks—22 Feb 17

"KTC" or Krungthai Card Public Company Limited by Mrs. Pittaya Vorapanyasakul, Executive Vice President - Credit Card Business (second from left), and, Miss Sireerat Corvanich, Senior Manager - Credit Card Business (left), together with Sports Revolution

Photo Release: Bangkok Bank joins The Emporium and The EmQuartier to offer privileges in the Enjoy Stcoks—22 Feb 17

Bangkok Bank Vice President of Credit Card Marketing Department Voranuch Siratharanont (left), together with The Emporium Group Senior Director Customer Relationship Management & Shopping Complex Promotion's Pantalika Siriwongpairat (2nd from left),

Photo Release: EXIM Thailand Launches New Credit Facility Export Credit Plus to Assist SMEs Stcoks—22 Feb 17

Mr. Pisit Serewiwattana, President of Export-Import Bank of Thailand (EXIM Thailand), announced in a press conference the launch of EXIM Export Credit Plus, a working capital loan facility combined with export credit insurance to help SMEs to penetrate

WHA Group to develop first Industrial Zone in Nghe An Province, Vietnam Stcoks—22 Feb 17

With an investment of USD 100 million, Phase 1 WHA Hemaraj Industrial Zone of 498 hectares is part of a long term plan potentially totaling up to 3,200 hectares in Nghe An province, 290 km south of Hanoi WHA Group, Thailand's leader in fully-integrated

UnionPay mobile QuickPass product debuts in Hong Kong Stcoks—22 Feb 17

UnionPay has made new progress in rolling out mobile QuickPass worldwide. Following the issuance of UnionPay HCE mobile QuickPass products in Macau and South Korea, UnionPay International now cooperates with Bank of China (Hong Kong) in offering UnionPay

Norican Announces Acquisition of Light Metal Casting Solutions Group Stcoks—22 Feb 17

Norican Global A/S ("Norican") the world's leading metallic parts enhancement company (by virtue of its ownership of both DISA and Wheelabrator Group) is pleased to announce that the company has entered into a binding agreement with Auctus Fund III GmbH

EXIM Thailand Launches New Credit Facility Export Credit Plus to Assist SMEs Pioneering New Markets Stcoks—22 Feb 17

Export-Import Bank of Thailand (EXIM Thailand) indicates that Thai exports in 2017 are expected to continue to expand for the second consecutive years, thanks to recovery in the global market as well as oil and commodity prices. Several emerging markets

Glow posts solid results for 2016, and proposes a full-year dividend of 5.75 THB/share to Stcoks—22 Feb 17

- Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA"), excluding adjustments for Financial Lease accounting, of THB 18,770 million, - Net Profit of THB 8,953 million, and - Normalized Net Profit ("NNP") (net profit excluding net

SET drives #Investnow campaign, cultivating savings and investing habits among Stcoks—22 Feb 17

The Stock Exchange of Thailand (SET), in collaboration with capital market alliances, continues its "#investnow" online campaign, aiming to promoteregular investment plan through stocks and mutual funds for retail investors. SET President Kesara

IMF Executive Board Concludes 2016 Article IV Consultation with Malta Stcoks—22 Feb 17

On February 17, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Malta. Malta is one of fastest-growing economies in Europe. Following an average growth of nearly 8 percent in 2014-15,

Somalia: World Bank Hosts Discussion on Country Health Status Note Stcoks—22 Feb 17

NAIROBI, February 21, 2017 – Today, the World Bank hosted a roundtable discussion on the status of the Health Sector in Somalia. World Bank experts, Somali Government counterparts and international development partners convened around the newly

WB/Argentina: Investments in online government aim to improve public services and increase Stcoks—22 Feb 17

WASHINGTON, February 21, 2017 – Improved quality and accessibility of selected government administrative services and enhanced transparency of the public administration are two main goals for the new US$80 million loan approved today by the World

World Bank to Help Improve Road Maintenance in Chinas Anhui Province Stcoks—22 Feb 17

WASHIGNTON DC, February 21, 2017 – The World Bank's Board of Executive Directors today approved a US$150 million loan to improve road maintenance in China's Anhui province. China has the second-largest road network in the world, totaling 4.46

Policy Uncertainty Weighs on World Trade Stcoks—22 Feb 17

WASHINGTON, February 21, 2017—Global trade growth continued to be slow for the fifth consecutive year, with 2016 showing the weakest trade performance since the 2008-2009 global financial crisis. According to a new paper, preliminary data suggest

Mexico Generadora de Energia, S. de R.L. Senior Secured #BBB# Debt Rating Outlook Still Stcoks—22 Feb 17

MEXICO CITY (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings said today that it affirmed its 'BBB' issue-level rating on Mexico Generadora de Energia, S. de R.L.'s (MGE) $575 million, fixed-interest senior secured bonds due Dec. 6, 2032.

BCPE Eagle Buyer LLC Assigned #B# Outlook Stable Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings today assigned its 'B' corporate credit rating to pediatric home health provider BCPE Eagle Buyer LLC. The outlook is stable. At the same time, we assigned our 'B' issue-level rating

Republic of El Salvador#s US$601 Million Notes Issuance Rated #B-# Stcoks—22 Feb 17

MEXICO CITY (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings today assigned its 'B-' issue rating on the Republic of El Salvador's senior unsecured notes issuance of US$601.085 million. The notes are due in February 2029 and have a coupon

The MetroHealth System, OH Revenue Bond Rating Placed On CreditWatch Negative On Potential Debt And Stcoks—22 Feb 17

CHICAGO (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings placed its 'A-' long-term rating on Cuyahoga County, Ohio's series 2009B taxable hospital revenue bonds, issued for The MetroHealth System, on CreditWatch with negative implications.

Hexion Inc. Outlook Revised To Stable From Credit And Issue Ratings Recovery Ratings Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings today affirmed its 'CCC+' corporate credit rating on Ohio-based Hexion Inc. and revised the rating outlook to stable from negative. At the same time, we affirmed our 'CCC+' issue

Belize #CC# Long-Term Foreign Currency Rating Placed On CreditWatch Negative Following Missed Stcoks—22 Feb 17

On Feb. 21, 2017, S&P Global Ratings placed its 'CC' long-term foreign currency sovereign credit rating on Belize on CreditWatch with negative implications. At the same time, we affirmed the 'CC' long-term local currency rating. The outlook is

Avantor Inc. Assigned #B# Corporate Credit Rating Following Merger With NuSil Technology Outlook Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings said today that it assigned our 'B' corporate credit rating to Avantor Inc. The outlook is stable. At the same time, we assigned our 'B' issue-level and '3' recovery rating to the

North Oaks Health System, LA Revenue Bond Rating Lowered To #BB+# On Weaker Outlook Stcoks—22 Feb 17

CENTENNIAL (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) to 'BB+' from 'BBB-' on the Tangipahoa Parish Hospital Service District No. 1, La.'s series 2009A taxable hospital revenue

Helix Gen Funding LLC#s Debt Assigned Preliminary #BB# Rating (Recovery Rating: Preliminary Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings said today it assigned its preliminary 'BB' rating and preliminary '2' recovery rating to Helix Gen Funding LLC's $1.54 billion term loan B and $175 million revolver. The outlook is

SLM Student Loan Trust 2004-10 Ratings Lowered On Two Four Affirmed Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings today lowered its rating on class A-8 to 'A- (sf)' from 'A (sf)' and its rating on class B to 'BBB+ (sf)' from 'A- (sf)' from SLM Student Loan Trust 2004-10. The rating actions

Race Point VIII CLO Ltd. Assigned Ratings In Connection With Refinancing Stcoks—22 Feb 17

NEW YORK (S&P Global Ratings) Feb. 21, 2017--S&P Global Ratings today assigned its ratings to the class A-R, B-R, C-R, D-R, and E-R replacement floating-rate notes from Race Point VIII CLO Ltd., a collateralized loan obligation originally issued