should improve Ausdrill's operating scale, and service and commodity di อ่านต่อ…
Oak Grove School District (Santa Clara County), CA ‘AA-‘ Series A And B Bond Ratings Reinstated
CENTENNIAL (SP Global Ratings) Aug. 14, 2018-SP Global Ratings corrected by reinstating its ‘AA-‘ rating on Oak Grove School District (Santa Clara County), Calif.’s series A and B bonds, due Aug. 1, 2044. The outlook is stable. We withdrew the rating on Aug. 2, 2017, due to an administrative error อ่านต่อ…
Ratings On APT Pipelines Ltd. Placed On CreditWatch Positive On Potential Acquisition By CKI Consortium
SYDNEY (SP Global Ratings) Aug. 14, 2018-SP Global Ratings today that it has placed its ‘BBB’ long-term issuer credit and issue ratings on APT Pipelines Ltd. on CreditWatch with positive implications.
APT Pipelines Ltd. is the financing arm of APA Group (collectively APA), which owns a mix of อ่านต่อ…
LTI Holdings Inc. ‘B-‘ Senior Secured Term Loan Rating Affirmed; First Lien Recovery Rating Revised To ‘4’
NEW YORK (SP Global Ratings) Aug. 13, 2018-SP Global Ratings today affirmed its ‘B-‘ issue-level rating on the first-lien term loan tranche of LTI Holdings Inc. and revised its recovery rating on the tranche to ‘4’ from ‘3’. The ‘4’ recovery rating indicates our expectation for average recovery อ่านต่อ…
Imperial County Local Transportation Authority, CA 2012B&C Revenue Bond Rating Lowered To ‘A’ On Reduced MADS Coverage
SAN FRANCISCO (SP Global Ratings) Aug. 13, 2018-SP Global Ratings lowered its long-term rating to ‘A’ from ‘A+’ on Imperial County Local Transportation Authority (LTA), Calif.’s series 2012B (City of Calexico) and series 2012C (City of Calipatria) sales tax revenue bonds. At the same time, SP อ่านต่อ…
Palm Glades Community Development District, FL Bond Rating Raised To ‘A’ On Updated Methodology
CENTENNIAL (SP Global Ratings) Aug. 13, 2018-SP Global Ratings raised its long-term rating to ‘A’ from ‘BBB’ on Palm Glades Community Development District (CDD), Fla.’s series 2018A-1, at the same time it raised its long-term rating to ‘A’ from ‘BBB’ and on the district’s 2016 special assessment อ่านต่อ…
THL Credit Wind River 2018-2 CLO Ltd. Notes Assigned Preliminary Ratings
CENTENNIAL (SP Global Ratings) Aug. 13, 2018-SP Global Ratings today assigned its preliminary ratings to THL Credit Wind River 2018-2 CLO Ltd./THL Credit Wind River 2018-2 CLO LLC’s $514.80 million floating- and fixed-rate notes (see list).The note issuance is a collateralized loan obligation (CLO) อ่านต่อ…
Rite Aid Corp. Outlook Revised To Negative On Lower EBITDA Guidance, Ratings Affirmed
NEW YORK (SP Global Ratings) Aug. 13, 2018-SP Global Ratings today revised its outlook on Rite Aid Corp. to negative from stable, and affirmed the ‘B’ issuer credit rating.At the same time, we affirmed our ‘CCC+’ issue-level ratings on the company’s unsecured notes due 2027 and 2028, removed them อ่านต่อ…
Fife, WA Water, Sewer Revenue Bond Rating Raised To ‘AA-‘ On Strong Finances, Local Economy
DALLAS (SP Global Ratings) Aug. 10, 2018-SP Global Ratings assigned its ‘AA-‘ long-term rating to Fife, Wash.’s series 2018 water and sewer revenue bonds and raised its rating to ‘AA-‘ from ‘A+’ on the city’s debt outstanding. The outlook is stable."The upgrade is due to continued strength in อ่านต่อ…
McDonald’s Corp.’s Proposed Senior Unsecured Notes Rated ‘BBB+’
NEW YORK (SP Global Ratings) Aug. 13, 2018SP Global Ratings today assigned its ‘BBB+’ issue-level rating to Chicago-based quick-service restaurant operator McDonald’s Corp.’s proposed senior unsecured medium-term notes maturing in 2048, which along with the company’s 2023 and 2028 notes are อ่านต่อ…
Banco Finterra S.A. Institucion de Banca Multiple AVERAGE Agro-Industrial Loan Servicer Ranking Withdrawn
NEW YORK (SP Global Ratings) Aug. 13, 2018-SP Global Ratings today withdrew its AVERAGE ranking on Banco Finterra S.A. Institucion de Banca Multiple (Banco Finterra) as an agro-industrial servicer for the Mexican market per the bank’s request.SP Global Ratings did not perform a review preceding the อ่านต่อ…
Trust International Insurance & Reinsurance Co. Placed On CreditWatch Negative; Ratings Suspended On Delayed 2017 Audit
DUBAI (SP Global Ratings) Aug. 10, 2018-SP Global Ratings said today that it had placed its ‘A-‘ long-term issuer credit and insurer financial strength ratings on Bahrain-based Trust International Insurance Reinsurance Co. B.S.C.(c) on CreditWatch with negative implications, due to concerns on อ่านต่อ…
Japan-Based ORIX Corp. Outlook Revised Down To Negative On Announced Acquisitions; Ratings Affirmed
TOKYO (SP Global Ratings) Aug. 10, 2018-SP Global Ratings today said it has revised to negative from stable the outlook on its long-term issuer credit rating on Japan-based general finance company ORIX Corp. At the same time, we have affirmed our issuer credit rating and all of our issue ratings on อ่านต่อ…
Suncorp Group Ltd.’s Proposed Tier 2 Notes Rated ‘BBB+’
MELBOURNE (SP Global Ratings) Aug. 10, 2018-SP Global Ratings today said it has assigned its ‘BBB+’ long-term issue credit rating to Suncorp Group Ltd.’s (A/Stable/A-1) proposed Tier 2 notes. The group will issue the notes, which will qualify as Tier 2 regulatory capital, for general funding อ่านต่อ…
[SPSF] GC Repackaging 2018-10 Ltd.’s Notes Assigned Preliminary ‘AAA’ Rating
TOKYO (SP Global Ratings) Aug. 10, 2018-SP Global SF Japan Inc. (SPSF) today said it has assigned its preliminary ‘AAA’ rating to the JPY / CNY27.5 billion floating-rate class A notes due 2030 to be issued by GC Repackaging 2018-10 Ltd. (the issuer), a special-purpose company established in the อ่านต่อ…
Wayne County, MS ‘A+’ Debt Rating Placed On CreditWatch Negative Due To Missing Fiscal 2016 Audit
CENTENNIAL (SP Global Ratings) Aug. 9, 2018-SP Global Ratings has placed its ‘A+’ long-term rating on Wayne County, Miss.’ series 2013 general obligation (GO) industrial development bonds on CreditWatch with negative implications, due to missing audited financials for fiscal 2016.
The CreditWatch อ่านต่อ…
Uniti Group Inc. Rating Lowered To ‘CCC+’ From ‘B-‘ On Revised Rating Of Primary Tenant; Outlook Developing
NEW YORK (SP Global Ratings) Aug. 9, 2018-SP Global Ratings today lowered its issuer credit rating on Little Rock, Ark.-based Uniti Group Inc. to ‘CCC+’ from ‘B-‘. The outlook is developing.At the same time, we lowered the rating on Uniti’s senior secured debt to ‘B-‘ from ‘B’. The recovery rating อ่านต่อ…
Brazil ‘BB-/B’ Sovereign Ratings Affirmed; Outlook Remains Stable
RATING ACTIONOn Aug. 9, 2018, SP Global Ratings affirmed its ‘BB-/B’ long- and short-term foreign and local currency sovereign credit ratings on Brazil. The outlook on the long-term ratings remains stable. At the same time, we affirmed our transfer and convertibility assessment of ‘BB+’. We also อ่านต่อ…
Applebee’s Funding LLC/IHOP Funding LLC $1.575 Billion Notes Series 2018-1 Assigned Preliminary Ratings
NEW YORK (SP Global Ratings) Aug. 9, 2018-SP Global Ratings today assigned its preliminary ratings to Applebee’s Funding LLC/IHOP Funding LLC’s $1.575 billion senior secured notes series 2018-1 (see list).The note issuance is an asset-backed securities transaction backed by existing and future อ่านต่อ…
Idaho Springs, CO Sales Tax Revenue Bonds Assigned ‘A-‘ Rating On Strong Additional Bonds Test
CENTENNIAL (SP Global Ratings) Aug. 9, 2018-SP Global Ratings assigned its ‘A-‘ long term rating to Idaho Springs, Colo.’s series 2018 sales tax revenue bonds. The outlook is stable."The rating reflects our view of the city’s strong additional bonds test and location as a major stop along the อ่านต่อ…
