Monday September 24, 2018 14:52

Stcoks Press Release : 14 Mar 2017

Photo Release: SCB dominates as Most Powerful Brand in banking three times in a row Stcoks—14 Mar 17

Siam Commercial Bank was recently honored with a Most Powerful Brands of Thailand 2016 award in the Banking category for the third consecutive time by the Department of Marketing, Faculty of Commerce and Accountancy, Chulalongkorn University. The

Shandong Yuhuang Chemical Co. Ltd. And Proposed Notes Assigned #B+# And #cnBB# Outlook Stable Stcoks—14 Mar 17

HONG KONG--14 Mar--S&P Global Ratings

HONG KONG (S&P Global Ratings) March 14, 2017--S&P Global Ratings said today it assigned its 'B+' long-term corporate credit rating to China-based commodity chemical producer and oil refiner Shandong Yuhuang Chemical Co. Ltd. (Yuhuang). The outlook is stable. At the same time, we assigned our 'B+' long-term rating to the senior unsecured notes issued by Yuhuang's wholly-owned subsidiary Rock International Investment Inc. (Rock International) and guaranteed by Yuhuang. The issue rating is subject to our review of the final issuance documentation. In addition, we also assigned our 'cnBB' long-term Greater China regional scale rating to the company and the proposed notes.

"The rating on Yuhuang reflects the company's small scale, limited geographic and product diversification, average profitability, and high financial leverage. We expect the company's debt leverage will stay high over the next two years because of steep capital expenditure for its U.S. gas-to-methanol project," said S&P Global Ratings credit analyst Danny Huang.

We anticipate that Yuhuang's limited scale to remain a constraint. Yuhuang's refining capacity of 44 thousand barrels per day (kbpd) is small relative to China's national oil companies as well as independent refineries. Yuhuang will remain a small refiner eve

Firstmac Mortgage Funding Trust No.4 Series 1-2017 Prime RMBS Assigned Preliminary Stcoks—14 Mar 17

MELBOURNE (S&P Global Ratings) March 14, 2017--S&P Global Ratings today assigned preliminary ratings to five of the six classes of prime residential mortgage-backed securities (RMBS) to be issued by Firstmac Fiduciary Services Pty Ltd. as trustee

Pepper Residential Securities Trust No.16 Class A1-u2 Notes Assigned Three Classes Stcoks—14 Mar 17

MELBOURNE (S&P Global Ratings) March 14, 2017--S&P Global Ratings today assigned its 'A-1+ (sf)' rating to the class A1-u2 notes of nonconforming residential mortgage-backed securities (RMBS) issued by Permanent Custodians Ltd. as trustee of

MAS cautions investors on risks in trading binary options with unregulated Stcoks—14 Mar 17

The Monetary Authority of Singapore (MAS) today issued a warning to investors on the trading of binary options with unregulated platforms. This comes in the wake of an increase in the number of complaints from investors who have suffered financial losses

Photo Release: AEON Launches 365 Days Enjoy Shopping with AEON Credit Card Stcoks—14 Mar 17

Mr. Kiyoyasu Asanuma (left), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited, together with Mr. Nuntawat Chotvijit (right), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited, presided over the recent

La Trobe Financial Capital Markets Trust 2017-1 Nonconforming RMBS Assigned Preliminary Stcoks—14 Mar 17

MELBOURNE (S&P Global Ratings) March 14, 2017--S&P Global Ratings today assigned its preliminary ratings to the eight classes of nonconforming residential mortgage-backed securities (RMBS) to be issued by Perpetual Corporate Trust Ltd. as trustee

Palomar Community College District, CA GO Bond Ratings Raised To #AA# On Increased Available Fund Stcoks—14 Mar 17

SAN FRANCISCO (S&P Global Ratings) March 13, 2017--S&P Global Ratings raised its long-term and underlying rating (SPUR) to 'AA' from 'AA-' on Palomar Community College District, Calif.'s existing general obligation (GO) bonds. At the same time,

Labor Market Improvements Can Help Unlock Potential of Bulgarias Digital Landscape, Says World Stcoks—14 Mar 17

RUSE, March 14, 2017− Countries in the European Union (EU) must enact policies designed to better help workers adapt to new jobs being created by the internet if they want to avoid increasing inequality and exclusion in the region, notes a new

Lao PDR to Improve Trade and Business Environment Stcoks—14 Mar 17

VIENTIANE, MARCH 13, 2017 – Representatives of the Ministry of Industry and Commerce, the World Bank, and the Australian Embassy met today to officially launch the Additional Financing to the ongoing Second Trade Development Facility Project, which

Sun Life Financial Inc. and Core Subsidiaries Ratings Outlook Revised to Stcoks—14 Mar 17

NEW YORK (S&P Global Ratings) March 13, 2017--S&P Global Ratings said today it revised our outlook on Sun Life Financial Inc. (SLF) to positive from stable, reflecting our expectation that SLF's capital adequacy will prospectively remain above

Thailand Can Revive Inclusive Growth, says New World Bank Report Stcoks—14 Mar 17

BANGKOK, March 13, 2017 – A new World Bank report explores how Thailand can restart its economic engine in ways that benefit all people in the country and help protect the environment. The report, "Getting Back on Track: Reviving Growth and

Bolivia#s Proposed Up To US$1 Billion Notes Rated #BB# Stcoks—14 Mar 17

BUENOS AIRES (S&P Global Ratings) March 13, 2017--S&P Global Ratings today said it assigned its 'BB' issue rating on the Plurinational State of Bolivia's proposed up to US$1 billion senior unsecured notes issuance. The rating on the notes is the

World Bank Approves New Financing to Support Infrastructure Development across Stcoks—14 Mar 17

WASHINGTON, March 13, 2017— The World Bank's Board of Executive Directors approved on March 10, 2017, $100 million in financing that will enable subnational governments to scale up investments in infrastructure and improve the welfare of

World Bank Supports Albanias Reforms to Strengthen Financial Sector Stcoks—14 Mar 17

WASHINGTON, March 13, 2017— The World Bank's Board of Executive Directors today approved a US$100 million Financial Sector Development Policy Loan (DPL) to the Republic of Albania. The policy operation supports reforms aimed at strengthening the

IMF Executive Board Completes the Second and Third Reviews of Kosovos Stand-By Stcoks—14 Mar 17

Completion of review makes €100 million available. Arrangement extended until August to facilitate policy continuity. Stronger public finances have been key to the program's success. On March 13, 2017, the Executive Board of the International