Thursday August 13, 2020 17:58

S&P GLOBAL Press Releases

TRIS Rating reaffirms “A” rating for Central Plaza Hotel PLC (CENTEL) Events—10 Aug 20

TRIS Rating, Thailand’s leading independent credit rating agency and strategic partner of S&P Global, announced both the company rating on Central Plaza Hotel PLC (as CENTEL), as well as on its existing senior unsecured debentures, at

Central Nottinghamshire Hospitals SPUR Lowered To 'BB+' On Further Delay In Settlement Agreement; Remains On Watch Neg Stcoks—23 Jul 20

Bangkok--23 Jul--S and P Global Ratings
LONDON (S&P Global Ratings) July 22, 2020—S&P Global Ratings today took the rating actions listed above.

CNH issued a 351.9 million index-linked senior secured bond (including a 32.0 million variation bond) due 2042 to finance the design, construction, and operations of the hospital facilities at three sites--King's Mill Hospital, Mansfield Community Hospital, and Newark General Hospital, for the trust) and NHS Property Services Ltd. (formerly Mansfield and Ashfield Clinical Commissioning Group).

The bonds were issued in 2005 under a 37-year private finance initiative concession agreement. Construction was completed in 2011. Hard facilities management (FM) services are provided by Skanska Facilities Services (SFS), which is part of Skanska AB. Compass Contract Services (UK) Ltd., trading as Medirest Ltd., provides soft FM services.

STRENGTHS
The senior debt benefits from a guarantee of payment from AGE.
There is an availability-based revenue stream with no exposure to volume or market risk.
RISKS

Weak performance in operations as per the project agreement's requirements has led to a high number of service failure points (SFPs) since an independent third-party review of the contractual payment mechanism at the end of 2018.

The breach of the contractual thresholds due to the high number of

Green Country Energy LLC Debt Rating Lowered To 'CCC+' On Higher Maintenance Spending; Outlook Stcoks—27 May 20

SAN FRANCISCO (S&P Global Ratings) May 26, 2020—S&P Global Ratings today took the rating actions listed above. Green Country Energy LLC (GCE) is a 795-megawatt (MW) natural-gas-fired combined cycle power plant in Jenks, Okla. The project

Shanghai International Port 'A+' Rating Affirmed On Sufficient Resilience Against COVID-19; Outlook Stcoks—27 May 20

HONG KONG (S&P Global Ratings) May 26, 2020--S&P Global Ratings today took the rating actions listed above. We affirmed the ratings on Shanghai International Port (Group) Co. Ltd. (SIPG) because we expect the company's finances to withstand the

Keele Residential Funding SPUR Affirmed; Outlook Still Negative Stcoks—22 May 20

LONDON (S&P Global Ratings) May 21, 2020—S&P Global Ratings today took the rating actions listed above. On July 13, 2007, U.K.-based special-purpose vehicle Keele Residential Funding PLC (KRF or ProjectCo), issued 137.45 million of 2.108%

Jefferies Finance 'BB-' Rating Affirmed And Removed From CreditWatch On Improved Funding And Stcoks—20 May 20

NEW YORK (S&P Global Ratings) May 19, 2020--, S&P Global Ratings said today it affirmed its 'BB-' issuer credit and senior secured debt ratings and its 'B+' senior unsecured debt ratings on Jefferies Finance LLC (JFIN). At the same time, we

Outlooks On 14 Entities Of Four Major Japanese Banking Groups Revised Down To Stable After Same Stcoks—27 Apr 20

TOKYO (S&P Global Ratings) April 27, 2020--S&P Global Ratings today said it has revised to stable from positive its outlooks on its long-term issuer credit ratings on 14 entities under Mitsubishi UFJ Financial Group Inc. (MUFG), Sumitomo Mitsui

Delta Electronics Thailand Wins SP Global SAM Silver Class Sustainability Award Events—05 Feb 20

Delta Electronics (Thailand) PCL. won the prestigious S&P Global Silver Class distinction for excellent sustainability performance as the only Thailand-based company in the Sustainability Yearbook 2020 "Electronic Equipment, Instruments &

Panda Patriot LLC Debt Rating Lowered To #CCC# On Upcoming Debt Maturity, Covenant CreditWatch Stcoks—31 Jan 20

NEW YORK (S&P Global Ratings) Jan. 30, 2020--S&P Global Ratings today took the rating actions listed above. Because of recent underperformance and continued unfavorable market conditions in Pennsylvania of PJM, Panda Patriot LLC is susceptible to

Photo Release: SP Global Ratings and Ministry of Finance Delegates Visit WHA Industrial Estates in Stcoks—19 Dec 19

WHA Group received a business delegation from S&P Global Ratings, Singapore office, and Thai Ministry of Finance representatives, during their recent visit to Thailand's Eastern Economic Corridor (EEC). Ms. Siyaphas Chantachairoj, Director -

สถาบันจัดอันดับ SP ได้มีการปรับ Outlook ของไทยดีขึ้นจาก Stable เป็น หุ้น—12 Dec 19

นายอุตตม สาวนายน รัฐมนตรีว่าการกระทรวงการคลัง เปิดเผยว่า ล่าสุด เมื่อวันที่ 11 ธันวาคม 2562 เวลาประมาณ 16.30 น. บริษัท S&P Global Ratings (S&P) ได้มีการปรับมุมมองความน่าเชื่อถือของเศรษฐกิจไทยจากระดับมีเสถียรภาพ (Stable) เป็นเชิงบวก (Positive)

Indorama Ventures included in DJSI for third year consecutively Enters World Index above Events—19 Sep 19

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has been included in the Dow Jones Sustainability World Index (DJSI World), which accessed the top 2,500 companies listed in the S&P Global Broad Market Index (BMI) based on

Southern California Gas Co. Ratings Stand-Alone Credit Profile Revised To #a+#; Outlook Remains Stcoks—31 Oct 18

NEW YORK (S&P Global Ratings) Oct. 30, 2018--S&P Global Ratings today affirmed its 'A' issuer credit rating on Southern California Gas Co. (SoCalGas). The outlook remains negative. We also affirmed our 'A-1' short-term rating, the 'A' rating on

Oil Insurance Limited (OIL) Upgraded by Standard Poor#s to #A# from #A-# on Stronger Financial Stcoks—11 Sep 18

On Sept. 7, 2018, S&P Global Ratings raised its long-term financial strength and issuer credit ratings on OIL to 'A' from 'A-' and its issue-level rating to 'BBB+' from 'BBB'. The outlook is stable. Bertil C. Olsson, President & CEO, commented

Mount Oswald Colleges LLP Proposed Senior Secured Debt Assigned #AA# Preliminary Outlook Stcoks—31 Jul 18

MADRID (S&P Global Ratings) July 31, 2018--S&P Global Ratings today assigned its preliminary 'AA' long-term insured rating to the debt to be issued by U.K.-based limited-purpose vehicle Mount Oswald Colleges LLP (the project). The preliminary

New York City Housing Development Corp. Short-Term Rating On Certain Multifamily Housing Revenue Stcoks—06 Jul 18

SAN FRANCISCO (S&P Global Ratings) July 5, 2018--S&P Global Ratings corrected by withdrawing its short-term rating on New York City Housing Development Corp. 's series 2008J, 2008K, 2009I-2, 2010H, 2011F-2, 2011F-3, 2013 D-2, 2014B-2, 2014D-2,

St. Gabriel, LA Revenue And Refunding Rating Raised To #A# From #A-# On Criteria Stcoks—06 Jul 18

CENTENNIAL (S&P Global Ratings) July 5, 2018--S&P Global Ratings raised its long-term rating to 'A' from 'A-' on St. Gabriel, La.'s series 2016 limited-tax revenue and refunding bonds based on the application of its "Issue Credit Ratings Linked

Maumelle, AR#s Series 2018 Sales And Use Tax Bonds Rated #AA-# Stcoks—06 Jul 18

CENTENNIAL (S&P Global Ratings) July 5, 2018--S&P Global Rating has assigned its 'AA-' rating to Maumelle, Ark.'s series 2018 sales and use tax bonds. The outlook is stable. "We expect the pledged revenue stream will likely remain steady as the

Rating Raised On Greek RMBS Transaction Estia Mortgage Finance#s Class A Notes Following Sovereign Stcoks—05 Jul 18

MILAN (S&P Global Ratings) July 5, 2018--S&P Global Ratings today raised to 'BBB- (sf)' from 'BB+ (sf)' its credit rating on Estia Mortgage Finance PLC's class A notes. Today's upgrade follows our June 25, 2018, raising of our long-term sovereign

Japan-Based Capital Servicing STRONG Ranking As A Commercial Loan Special Servicer Outlook Stcoks—05 Jul 18

TOKYO (S&P Global Ratings) July 5, 2018--S&P Global Ratings today said it has affirmed its STRONG servicer ranking on Capital Servicing Co. Ltd. (CSC), which it categorizes as a commercial loan special servicer. The outlook on the ranking is

SAI Global Holdings I (Australia) Pty Ltd. Outlook Revised To #B# Ratings Stcoks—05 Jul 18

MELBOURNE (S&P Global Ratings) July 5, 2018--S&P Global Ratings said today that it has revised its rating outlook to negative from stable on SAI Global Holdings I (Australia) Pty Ltd. We also affirmed the long-term issuer credit rating on the

Gansu Highway#s Proposed Senior Unsecured Notes Rated #BBB-# Stcoks—05 Jul 18

SINGAPORE (S&P Global Ratings) July 5, 2018--S&P Global Ratings today said it has assigned its 'BBB-' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes issued by Gansu Provincial Highway Aviation Tourism

Various Rating Actions Taken In Spanish RMBS Transactions AyT Genova Hipotecario IX And X Following Stcoks—04 Jul 18

LONDON (S&P Global Ratings) July 4, 2018--S&P Global Ratings today took various credit rating actions in two Spanish residential mortgage-backed securities (RMBS) transactions, AyT Genova Hipotecario IX Fondo de Titulizacion Hipotecaria and AyT

Sharp Corp. Outlook Revised To Stable From Positive On Cancellation Of Public Offering And Ratings Stcoks—04 Jul 18

TOKYO (S&P Global Ratings) July 4, 2018--S&P Global Ratings today said it has revised to stable from positive its outlook on Japan-based electronics maker Sharp Corp. We have affirmed our 'BB-' long-term issuer credit and senior unsecured issue

Jianyuan 2018-11 Residential Mortgage Backed Securities Assigned #AAA (sf)# Stcoks—04 Jul 18

HONG KONG (S&P Global Ratings) July 4, 2018--S&P Global Ratings today assigned its 'AAA (sf)' rating to the class A-1, class A-2, and class A-3 notes issued by CCB Trust Co. Ltd. as trustee of the Jianyuan 2018-11 Residential Mortgage Backed

National Australia Bank#s Medium-Term Senior Unsecured Notes Assigned #AA-# Stcoks—04 Jul 18

SYDNEY (S&P Global Ratings) July 4, 2018--S&P Global Ratings today said it has assigned its 'AA-' long-term rating to the A$40 million 6% medium-term senior unsecured notes due Aug. 8, 2022, issued by National Australia Bank Ltd. (NAB;

Outlook On Two Panamanian Infrastructure Entities Revised To Positive On Similar Sovereign Stcoks—04 Jul 18

MEXICO CITY (S&P Global Ratings) July 3, 2018--S&P Global Ratings revised the outlook on Autoridad del Canal de Panama (ACP) and on Aeropuerto Internacional de Tocumen's debt rating to positive from stable. We also affirmed our 'A-' ratings on

Los Angeles County, CA Revenue Bonds Assigned #AA# Rating On Very Strong Management, Stcoks—04 Jul 18

SAN FRANCISCO (S&P Global Ratings) July 3, 2018--S&P Global Ratings revised its outlook to positive from stable on Los Angeles County, Calif.'s issuer credit rating (ICR) and appropriation debt. At the same time, S&P Global Ratings assigned

Various Rating Actions Taken In Spanish RMBS Transaction IM Pastor 3 And 4 Following Stcoks—03 Jul 18

LONDON (S&P Global Ratings) July 3, 2018--S&P Global Ratings today affirmed and removed from CreditWatch positive its credit ratings on the class A notes in IM PASTOR 3, Fondo de Titulizacion Hipotecaria and IM PASTOR 4, Fondo de Titulizacion de

Dutch Belting Producer AI Alabama Midco B.V. (Ammeraal Beltech) #B# Rating Put On CreditWatch Stcoks—03 Jul 18

STOCKHOLM (S&P Global Ratings) July 3, 2018--S&P Global Ratings today placed its 'B' long-term issuer credit rating on Dutch belting producer AI Alabama Midco B.V. (Ammeraal Beltech) on CreditWatch with negative implications. At the same time, we