Friday November 16, 2018 08:51

Stcoks Press Release : 15 Sep 2017

Photo Release: KTC joins hands with Paragon Department Store in providing members maximum value through additional 20% discount every Friday, Saturday and Sunday in the month of September. Stcoks—15 Sep 17

"KTC" or Krungthai Card Public Company Limited by Mr. Nattasit Soontranu, Vice President – Credit Card Business, joins hands with major alliance, Paragon Department Store by Senior Marketing Manager, Miss Nonglak Lohamanop,in continuously providing

Swedish Engineering Steel Producer Ovako Outlook Revised To Proposed Senior Secured Notes Offering Rated #B-# Stcoks—15 Sep 17

PARIS--15 Sep--S&P Global Ratings

PARIS (S&P Global Ratings) Sept. 15, 2017--S&P Global Ratings today revised its outlook on Swedish engineering steel producer Ovako Group AB to positive from stable. We also affirmed our 'B-' long-term corporate credit rating on the company.

At the same time, we affirmed our 'B-' issue rating on the €300 million senior secured notes maturing 2019, issued by Ovako AB, a wholly owned subsidiary of Ovako Group AB.

We also assigned a 'B-' issue rating to the proposed €300 million senior secured notes maturing 2022, to be issued by Ovako AB. Ovako intends to use the proceeds to refinance its existing senior secured notes due 2019.

The recovery rating on the existing notes due 2019 and on the proposed notes due 2022 is '4', indicating our expectations for average recovery (30%-50%; rounded estimate: 45%) in the event of a payment default.
The issue and recovery ratings on the proposed notes are subject to the transaction's final terms and conditions being in line with our assumptions.

The outlook revision from stable to positive reflects our expectation that strong earnings momentum may continue into the second half of 2017, resulting in stronger full-year EBITDA and free cash flow generation than we had previously forecast. We also expect a more comf

Texhong Textile Group Ltd. Rating Affirmed At #BB# On Adequate Cash Outlook Stcoks—15 Sep 17

HONG KONG (S&P Global Ratings) Sept. 15, 2017--2017, S&P Global Ratings affirmed its 'BB' long-term corporate credit rating on China-based textile manufacturer Texhong Textile Group Ltd. The outlook is stable. We affirmed the ratings on Texhong

IOI Corp. Bhd. #BBB-# Rating Affirmed Following Proposed Sale Of Oleochemicals Outlook Stcoks—15 Sep 17

SINGAPORE (S&P Global Ratings) Sept. 15, 2017--S&P Global Ratings affirmed its 'BBB-' long-term corporate credit rating on IOI Corp. Bhd. The outlook is stable. At the same time, we affirmed our 'BBB-' long-term issue rating on the company's

Fitch: Thai Non-Life Insurers# Higher Growth Uncertain, Rising Claims Trim Motor Stcoks—15 Sep 17

The growth in non-life insurance direct premiums in Thailand has picked up in recent quarters, but the prospects that this will be sustained are uncertain, Fitch Ratings says. Persistently slow economic growth in Thailand may constrain public and private

Photo Release: SCB and TrueMoney expand public access to Thailand#s National e-payment system by Stcoks—15 Sep 17

Siam Commercial Bank in cooperative with TrueMoney Co., Ltd., an electronic payment service provider, to raise e-payment service standards to a higher level with the new "PromptPay Topup" feature.Responding to the Bank of Thailand's move to enhance

SCB and TrueMoney expand public access to Thailand#s National e-payment system by jointly offering Stcoks—15 Sep 17

Aiming to expand access to Thailand's national e-payment system in line with Bank of Thailand policy, Siam Commercial Bank in cooperative with e-payment provider True Money Co. to offer a new feature called "PromptPay Topup" to TrueMoney customers. This

Digital Marketing Institute Secures EUR 26 Million from Spectrum Equity to Accelerate Global Stcoks—15 Sep 17

The Digital Marketing Institute , the global certification standard in digital marketing and digital sales education, today announced that it has received a EUR 26 million investment led by Spectrum Equity , a prominent growth equity firm whose previous

Fitch: Thailand#s Economic Banking Outlook Challenging Despite Modest Economic Stcoks—15 Sep 17

Thailand's medium-term growth outlook continues to be challenged by high household debt and adverse demographic trends even though the economy has picked up in 2017, while the prospects for Thai banks' operating environment and sector performance remains

Photo Release: KBank teams up with Thai entities to hold a seminar on SME development in Stcoks—15 Sep 17

Mr. Pattanapong Tansomboon (third from right), KBank First Senior Vice President, and Mr. U Zaw Myint Maung (fourth from right), Chief Minister of Mandalay Region, jointly organized a seminar titled "Holistic Empowerment of SMEs: How Public and Private

New documentary tells 160 years of Thailand#s economic history Stcoks—15 Sep 17

"Thailand: An economy on the path of globalization" , a new documentary series, produced by Don't Blink Co., Ltd., details the history of Thailand's economic development over the past 160 years, since the signing of the "Bowring Treaty" with Great

CROSSMARK Holdings Inc. Downgraded To #CCC# On Deteriorating Outlook Stcoks—15 Sep 17

CHICAGO (S&P Global Ratings) Sept. 14, 2017--S&P Global Ratings today loweredits corporate credit rating on Plano, Texas-based CROSSMARK Holdings Inc. to'CCC' from 'CCC+'. The outlook is negative. We also lowered our issue-level rating on

Sault Ste. Marie Area Schools, MI GO Rating Outlook Revised To Stable From Negative On Good Stcoks—15 Sep 17

CHICAGO (S&P Global Ratings) Sept. 14, 2017--S&P Global Ratings revised the outlook to stable from negative and affirmed its 'A+' underlying rating on Sault Ste. Marie Area Schools, Mich.'s existing general obligation unlimited-tax bonds. "The

IMF Executive Board Concludes 2017 Article IV Consultation with Montenegro Stcoks—15 Sep 17

On September 8, 2017 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Montenegro. [1] Montenegro's economy continues to grow at a moderate pace, and growth should continue over the medium term,

IMF Staff Concludes Visit to Jamaica to Discuss Progress of Economic Stcoks—15 Sep 17

- All quantitative performance criteria and structural benchmarks at end-June 2017 were met. - The Jamaican economy is rebounding, despite weather swings. - Concluding public sector wage negotiations and passing the pension bill are urgent for budgetary

World Bank Group Statement on Rakhine State, Myanmar Stcoks—15 Sep 17

WASHINGTON, September 14, 2017 – The World Bank Group today issued the following statement on the situation in Rakhine State, Myanmar: "The World Bank Group is deeply troubled by the recent deterioration in security, resulting in violence, internal

Sinar Mas Cepsa Starts Up Production at EUR 300 million Vegetable-based Alcohols Plant in Stcoks—15 Sep 17

- EUR 300 million plant in Dumai, Sumatra to produce fatty alcohols and acids from sustainably-sourced palm kernel oil for the Asian, Eastern and Western European markets - The vegetable-based raw materials will be used to make hygiene products,