Fitch Rates ICBCTL’s Senior Unsecured Notes ‘AAA(tha)’

Fitch Ratings (Thailand) has assigned ICBC (Thai) Leasing Company Limited’s (ICBCTL, AAA(tha)/Stable/F1+(tha)) senior unsecured notes a National Long-Term Rating of ‘AAA(tha)’. The notes will be issued under the 2022 medium-term note programme and the proceeds will be used for debt repayment and/or working capital. KEY RATING DRIVERSThe senior unsecured notes are rated at the same […]

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SC Ventures partners with Yabx to expand access to Financial Services in Africa

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm has entered into a Memorandum of Understanding (MOU) with Yabx, a company incubated by Comviva and part of the Mahindra Group, to address a deep-rooted need for responsible consumer finance in Africa. Africa has over 700 million mobile wallets, and about 450 million bank accounts but access to formal […]

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Polyplastics Introduces New DURANEX (R) PBT 201EB Resin for Millimeter Wave Radar for Automotive Applications

The Polyplastics Group has announced the launch of a new electrically conductive grade of DURANEX (R) polybutylene terephthalate (PBT) for millimeter wave radar applications for the automotive industry. DURANEX (R) PBT 201EB provides the benefit of electromagnetic wave shielding as an added effect of electrical conductivity. As a result, the material contributes to reduced assembly […]

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Concept Medical granted Investigational Device Exemption (IDE) approval for their Magic Touch Sirolimus Coated Balloon for the treatment of Below the Knee (BTK) Arterial Disease

Concept Medical Inc. (CMI), on 9th February 2023, received the Investigational Device Exemption (IDE) from the US FDA, for its Magic Touch Sirolimus Coated Balloon. The Magic Touch PTA Sirolimus Coated Balloon Catheter is indicated for the treatment of Below the Knee (BTK) atherosclerotic lesions in Peripheral Arterial Disease. CMI received their first IDE approval for their Magic Touch Sirolimus Coated […]

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