Wednesday November 21, 2018 23:38

Stcoks Press Release : 23 Mar 2017

CIMB enables Alipay mobile wallet in Malaysia Stcoks—23 Mar 17

CIMB-Alipay mobile wallet provides Chinese tourists a more seamless payment experience in Malaysia CIMB Group ("CIMB") and Ant Financial Services Group ("Ant Financial"), the parent company of Alipay, the world's largest online and mobile payment

U.K. Rolling Stock Company Eversholt Upgraded To #BBB+# On Supportive Outlook Stable Stcoks—23 Mar 17

LONDON--23 Mar--S&P Global Ratings

LONDON (S&P Global Ratings) March 23, 2017--S&P Global Ratings today raised its long-term corporate credit rating on the U.K.-based rolling stock operating company (ROSCO) Eversholt Investment Ltd. to 'BBB+' from 'BBB'. The outlook is stable.

In addition, we raised our ratings on various secured bonds issued by Eversholt to 'BBB+' from 'BBB'.

The rating action follows Eversholt's continued stable performance under its parent Hong Kong-based Cheung Kong Infrastructure Holdings Ltd. (CKI), an infrastructure arm of the group's ultimate parent CK Hutchison Holdings Ltd. (CKHH). CKHH and CKI acquired Eversholt via 50/50 joint venture UK Rails S.a.r.l. from a group of financial investors in 2015. Since the acquisition, Eversholt has continued to invest in enhancing its existing fleet and in four new build orders, and has adhered to a flexible distribution policy.

We believe that Eversholt's parent will continue to be supportive of the company's growth plans and, if necessary, curtail distribution--as it did once before when Eversholt had some exceptional one-off items following an internal restructure together with a substantial payout on a new build contract. This is also supported by our view of CKI's conservative approach to managing the capital structure of the entities that ar

Shipping Co. Navios Maritime Partners Outlook Revised To Stable On Improved #B# Rating Stcoks—23 Mar 17

LONDON (S&P Global Ratings) March 23, 2017--S&P Global Ratings today revised its outlook on Marshall Islands-registered dry-bulk and container shipping company Navios Maritime Partners L.P. (Navios Partners) to stable from negative and affirmed

Ausdrill Ltd. Outlook Revised To Positive On New Contracts, Reduced Costs And #B+# Ratings Stcoks—23 Mar 17

MELBOURNE (S&P Global Ratings) March 23, 2017--S&P Global Ratings said today that it had revised its rating outlook on Australian mining services provider Ausdrill Ltd. to positive from stable. At the same time, we affirmed the issuer credit

U.K.-Based Rosco Porterbrook Rail Finance #BBB# Rating Outlook Stable Stcoks—23 Mar 17

LONDON (S&P Global Ratings) March 23, 2017--S&P Global Ratings today said it has affirmed its 'BBB' long-term corporate credit rating on U.K.-based rolling stock operating company (Rosco) Porterbrook Rail Finance Ltd. (Porterbrook). The outlook

Barminco Holdings Pty Ltd. Ratings Placed On CreditWatch Positive On Progress In Refinancing Stcoks—23 Mar 17

MELBOURNE(S&P Global Ratings) March 23, 2017--S&P Global Ratings said today that it had placed the 'B-' issuer credit rating on Australian hard-rock contract mining company Barminco Holdings Pty Ltd. (Barminco) on CreditWatch with positive

JCOM Pulsar050 And 051 Ratings Affirmed At #AAA (sf)# Stcoks—23 Mar 17

TOKYO (S&P Global Ratings) March 23, 2017--S&P Global Ratings today said it has affirmed its 'AAA (sf)' ratings on the trust certificates issued under the JCOM Pulsar050 and 051 transactions (see list below). The trust certificates issued under

Keysight Technologies Inc. Ratings Are Affirmed At #BBB-# And Removed From C Outlook Stcoks—23 Mar 17

SAN FRANCISCO (S&P Global Ratings) March 22, 2017--S&P Global Ratings affirmed all of its ratings on Keysight Technologies Inc., including our 'BBB-' corporate credit rating, and removed the ratings from CreditWatch, where we placed them with

Allina Health Obligated Group, MN Revenue Bonds Assigned #AA-# Rating Stcoks—23 Mar 17

CHICAGO (S&P Global Ratings) March 22, 2017--S&P Global Ratings assigned its 'AA-' long-term rating to Allina Health obligated group, Minn.'s series 2017 taxable revenue bonds. In addition, S&P Global Ratings assigned its 'AA-' long-term

Telepizza Embarks on Joint Venture With Forty#s Pizza in Czech Republic Stcoks—23 Mar 17

- Telepizza has entered into a Joint Venture Agreement with Forty's Pizza, the leading pizza delivery company in the Czech Republic - The new joint venture company will be led by Mr. Jakub Slezarfounder ofForty's Pizza - Telepizza currently owns1,389

Fitch Assigns TREITs Bonds #A-(tha) Rating Stcoks—23 Mar 17

Fitch Ratings (Thailand) Limited has assigned TICON Freehold and Leasehold Real Estate Investment Trust's (TREIT, A-(tha)/Negative) new senior unsecured bonds a National Long-Term Rating of 'A-(tha)'. The bonds are rated at the same level as TREIT's

SET to launch T+2 settlement cycle on March 2, 2018 Stcoks—23 Mar 17

The Stock Exchange of Thailand (SET) announces the target implementation date for the two-day settlement cycle (T+2) on March 2, 2018. SET President Kesara Manchusree said, "The target date to move toward T+2 settlement cycle, from the current T+3, has

La Trobe Financial Capital Markets Trust 2017-1 Nonconforming RMBS Assigned Stcoks—23 Mar 17

MELBOURNE (S&P Global Ratings) March 23, 2017--S&P Global Ratings today assigned its ratings to the eight classes of nonconforming residential mortgage-backed securities (RMBS) issued by Perpetual Corporate Trust Ltd. as trustee for La Trobe

Avon Community School Corp., IN 2017 Bonds Assigned #A+# Underlying Stcoks—23 Mar 17

CHICAGO (S&P Global Ratings) March 22, 2017--S&P Global Ratings assigned its 'AA+' enhanced long-term rating and 'A+' underlying rating to Avon Community School Building Corp., Ind.'s series 2017 ad valorem property tax first mortgage refunding

Terre Haute, IN ICR Lowered Four Notches To #BB# Due To Weak Management, Outlook Stcoks—23 Mar 17

CHICAGO (S&P Global Ratings) March 22, 2017--S&P Global Ratings has lowered its issuer credit rating (ICR) on Terre Haute, Ind. four notches to 'BB' from 'BBB+'. At the same time, we lowered the long-term rating to 'BB' from 'BBB+' on Terre Haute

Russell Investments Cayman Midco Ltd. Assigned #BB# Outlook Is Negative Stcoks—23 Mar 17

NEW YORK (S&P Global Ratings) March 22, 2017--, S&P Global Ratings said it assigned its 'BB' issuer credit rating on Russell Investments Cayman Midco Ltd. The outlook is negative. We also affirmed our 'BB' issue rating on the $847 million senior