Tuesday November 13, 2018 14:27

Stcoks Press Release : 25 May 2018

KTC cuts interest and usage fee loads in half to welcome new KTC PROUD members. Stcoks—25 May 18

Ms. Phichamon Jitpentham, Vice President - Personal Loans, "KTC" or Krungthai Card Public Company Limited, states, "This year, KTC prioritizes the expansion of its "KTC PROUD" Revolving Loan card member base to new target groups with financial needs, and

Crude Oil Tanker Operator Navios Midstream #B# Rating Outlook Stable Stcoks—25 May 18

FRANKFURT--25 May--S&P Global Ratings

FRANKFURT (S&P Global Ratings) May 25, 2018--S&P Global Ratings said today that it had affirmed its 'B' long-term issuer credit rating on Marshall Islands-registered owner and operator of crude oil tankers Navios Maritime Midstream Partners L.P. (Navios Midstream). The outlook is stable.

At the same time, we affirmed our 'B' issue rating on Navios Midstream's senior secured debt. The recovery rating remains at '3', reflecting our expectation of meaningful (50%-70%; rounded estimate 65%) recovery for noteholders in the event of a default.

The affirmation reflects that Navios Midstream's 2017 and first-quarter 2018 financial performance was largely in line with our expectations, underpinned by the company's time-charter profile with an average remaining contract term of about 3.0 years (including the rate backstops from Navios Maritime Acquisition Corp. [Navios Acquisition]). Although Navios Midstream's financial position has weakened, as reflected in the contraction in S&P Global Ratings-defined EBITDA generation to $54 million in 2017 compared with $63 million in 2016, we believe the company will continue to post financial results over 2018-2019 in line with our requirements for the 'B' rating.

The EBITDA contraction mainly stemmed from lower profit sharing, unschedul

Shipping And Logistics Company Navios Maritime Holdings Upgraded To #B# On Improving Financial Stcoks—25 May 18

FRANKFURT (S&P Global Ratings) May 25, 2018--S&P Global Ratings said today that it had raised its long-term issuer credit rating on Marshall Islands-registered shipping and logistics company Navios Maritime Holdings Inc. (Navios Holdings) to 'B'

Ratings Assigned To Auto ABS Transaction Driver UK Master, Compartment 3 Series Stcoks—25 May 18

LONDON (S&P Global Ratings) May 25, 2018--S&P Global Ratings today assigned its credit ratings to Driver UK Master S.A., Compartment 3's series 2016-1 class A and B notes. At closing, the issuer issued an unrated subordinated loan (see list

Credit Suisse (Schweiz) AG Assigned #A/A-1# Outlook Stable Stcoks—25 May 18

FRANKFURT (S&P Global Ratings) May 25, 2018--S&P Global Ratings said today that it has assigned its 'A/A-1' long- and short-term issuer credit ratings to Switzerland-based Credit Suisse (Schweiz) AG (CSSAG). The outlook is stable. CSSAG is the

Fitch Rates Bangkok Commercial Asset Management#s Senior Notes #AA-(tha)# Stcoks—25 May 18

Fitch Ratings (Thailand) has assigned Bangkok Commercial Asset Management Public Company Limited's (BAM; AA-(tha)/Negative) upcoming senior unsecured notes of up to THB8.0 billion a rating of 'AA-(tha)'. The notes will be issued in tranches with

Photo Release: SCB to transform SMEs through new digital partnership Stcoks—25 May 18

Siam Commercial Bank is set to transform the SME business model in line with its "Going Upside Down" vision of meeting every SME requirement. The bank's recent Digital Partnership Strategy will link more than 50 firms to provide digital solution for SME.

SCB to transform SMEs through new digital partnership strategy Stcoks—25 May 18

Siam Commercial Bank is set to transform the SME business model in line with its "Going Upside Down" vision of meeting every SME requirement. The bank's recent Digital Partnership Strategy will link more than 50 firms highly recognized in their

Japan Housing Finance Agency#s 157.4 Billion Series 133 Structured Issuance Assigned #AAA (sf)# Stcoks—25 May 18

TOKYO (S&P Global Ratings) May 25, 2018--S&P Global Ratings today said it has assigned its 'AAA (sf)' rating to Japan Housing Finance Agency's (JHF) JPY / CNY157.4 billion series 133 fixed-rate residential mortgage-secured pass-through notes. The

FxPro and McLaren F1(TM) Team Announce Partnership Agreement Stcoks—25 May 18

Online broker FxPro and McLaren F1(TM) Team are delighted to announce a multi-year partnership agreement. From the Monaco Grand Prix (24-27 May), the McLaren MCL33 will feature prominent FxPro branding, highlighting the firm's position as the world's

Photo Release: KBank wins three awards for best cash management from The Stcoks—25 May 18

Mr. Silawat Santivisat (sitting, center), Executive Vice President, and Ms. Kitiya Rerkpooritat (standing, second from left), First Senior Vice President, together with executives of the Cash Management Department, recently received three awards at The

Various Rating Actions Taken On 2,423 Classes From 875 U.S. RMBS Transactions Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings today completed its review of 2,423 classes from 875 U.S. residential mortgage-backed securities (RMBS) transactions issued between 1996 and 2008. All of these transactions are backed

Octagon Investment Partners 37 Ltd. $513.65 Million Notes Assigned Preliminary Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings today assigned its preliminary ratings to Octagon Investment Partners 37 Ltd./Octagon Investment Partners 37 LLC's $513.65 million floating-rate notes (see list). The note issuance is

Triple Point Group Holdings Inc. Rating Raised To #CCC# From #SD# Following Distressed Debt Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings today raised its corporate credit rating on Westport, Conn.-based Triple Point Group Holdings Inc. to 'CCC' from 'SD'. The outlook is negative. At the same time, we raised our

Global Administrative Services Company Computershare Ltd. Rated #BBB# With Stable Stcoks—25 May 18

MELBOURNE (S&P Global Ratings) May 25, 2018--S&P Global Ratings today said it has assigned a 'BBB' issuer credit rating to Australia-based business administration services company Computershare Ltd. The outlook is stable. At the same time, we

LEAP Academy University Charter School, NJ Series 2014 Revenue Bond Outlook Revised To Negative On Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings revised the outlook on its 'BB-' rating on the New Jersey Economic Development Authority's series 2014 revenue bonds issued for LEAP Cramer Hill LLC, on behalf of LEAP Academy

Fred Hutchinson Cancer Research Center, WA Rating Raised To #A+# On Expected Financial Im Outlook Stcoks—25 May 18

CENTENNIAL (S&P Global Ratings) May 24, 2018--S&P Global Ratings raised its long-term rating to 'A+' from 'A' on Washington Health Care Facilities Authority's series 2017A-2017C revenue bonds, issued for Fred Hutchinson Cancer Research Center,

Credit Acceptance Auto Loan Trust 2018-2 $450.0 Million Notes Assigned Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings today assigned its ratings to Credit Acceptance Auto Loan Trust 2018-2's $450.0 million asset-backed notes (see list). The note issuance is an asset-backed securities transaction

Atkore International Inc. #BB-# Rating Affirmed On Sponsor#s Debt Rating Outlook Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings today affirmed its 'BB-' corporate credit rating on Harvey, Ill.-based electrical raceway products manufacturer and distributor Atkore International Inc. The outlook is stable. Our

Ratings Assigned To Six Classes From Newfleet CLO 2016-1 Ltd. In Connection With Stcoks—25 May 18

CENTENNIAL (S&P Global Ratings) May 24, 2018--S&P Global Ratings today assigned its ratings to the class A-1-R, A-2-R, B-R, C-R, D-R, and E-R replacement notes from Newfleet CLO 2016-1 Ltd., a collateralized loan obligation (CLO) originally

Connecticut#s Series 2018C And D General Obligation Bonds Rated #A# With A Stable Other Ratings Stcoks—25 May 18

NEW YORK (S&P Global Ratings) May 24, 2018--S&P Global Ratings has assigned its 'A' rating to the State of Connecticut's $400 million general obligation (GO) bonds, 2018 series C, and $100 million GO refunding bonds, 2018 series D. At the same

WHO and World Bank Group Join Forces to Strengthen Global Health Security Stcoks—25 May 18

GENEVA, MAY 24 2018 -- WHO and World Bank Group today launched a new mechanism to strengthen global health security through stringent independent monitoring and regular reporting of preparedness to tackle outbreaks, pandemics, and other emergencies with

IMF Executive Board Adopts Decisions to Formally Recognize the Core Principles for Islamic Finance Stcoks—25 May 18

The Executive Board of the International Monetary Fund (IMF) today endorsed a proposal on the use of the Core Principles for Islamic Finance Regulation (CPIFR), which were developed by the Islamic Financial Services Board (IFSB) with the participation of

Republic of Estonia: IMF Executive Board Concludes 2018 Article IV Stcoks—25 May 18

On May 22, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Republic of Estonia, and considered and endorsed the staff appraisal without a meeting. [2] The economy of Estonia is

IMF Staff Completes 2018 Article IV Mission to Republic of the Marshall Stcoks—25 May 18

Growth in Marshallese economy is estimated to have accelerated to about 3½ percent in FY2017 and expected to remain robust at about 2½ percent in FY2018. Overall risks to economic activity remain tilted to the downside, including the risk