The affirmation of our issuer credit rating on SoCalGas reflects our assessment of its stand-alone credit profile (SACP) as well as the cumulative value of regulatory protections in place that we assess as providing sufficient insulation to rate SoCalGas' issuer credit rating two no อ่านต่อ…
PT Perusahaan Listrik Negara’s Proposed Drawdown And Global Medium-Term Notes Assigned ‘BBB-‘ Rating
SINGAPORE (SP Global Ratings) Oct. 12, 2018-SP Global Ratings today assigned its ‘BBB-‘ issue rating to a proposed issue of senior unsecured notes by PT Perusahaan Listrik Negara (Persero) (PLN; BBB-/Stable/-). The company will issue the notes under its US$5 billion global medium-term notes อ่านต่อ…
Pepper Residential Securities Trust No.19 Class A1-u2 Notes Assigned Rating; Two Classes Affirmed
MELBOURNE (SP Global Ratings) Oct. 12, 2018-SP Global Ratings today assigned its ‘A-1+ (sf)’ rating to the class A1-u2 notes of nonconforming residential mortgage-backed securities (RMBS) issued by Permanent Custodians Ltd. as trustee of Pepper Residential Securities Trust No.19 (see list). At the อ่านต่อ…
College Elementary School District, CA GO Rating Lowered To ‘AA-‘ On Deficit Spending And Inadequate Cost Management
SAN FRANCISCO (SP Global Ratings) Oct. 11, 2018-SP Global Ratings lowered its long-term rating and underlying rating (SPUR) to ‘AA-‘ from ‘AA’ on College Elementary School District, Calif.’s general obligation (GO) bonds. The outlook is stable.
"The rating action reflects a material decline อ่านต่อ…
Mission, TX’s Series 2018 Combination Tax And Revenue Certificates Of Obligation Assigned ‘A’ Rating
CENTENNIAL (SP Global Ratings) Oct. 11, 2018-SP Global Ratings assigned its ‘A’ long-term rating to Mission, Texas’ series 2018 combination tax and revenue certificates of obligation. The outlook is stable."The stable outlook reflects our opinion that the city will continue to experience อ่านต่อ…
Little Rock, AR Hotel Gross Receipts Tax Bonds Assigned ‘A-‘ Rating
DALLAS (SP Global Ratings) Oct. 11, 2018-SP Global Ratings assigned its ‘A-‘ long-term rating to Little Rock, Ark.’s series 2018 hotel gross receipts tax bonds. The outlook is stable.
"The rating reflects our opinion of such factors as the city’s stable economic base, adequate debt service อ่านต่อ…
Interstar NZ Millennium Series 2004-A Trust Tranche 2 And Tranche 3 Ratings Affirmed
MELBOURNE (SP Global Ratings) Oct. 12, 2018-SP Global Ratings today affirmed its ratings on two classes of notes issued by Trustees Executors Ltd. as trustee for Interstar NZ Millennium Series 2004-A Trust.The rating actions take account of the notes’ exposure to long-dated arrears and pool อ่านต่อ…
Kazakhstan-Based BTA Bank Assigned ‘B/B’ And ‘kzBB’ Ratings; Outlook Stable
MOSCOW (SP Global Ratings) Oct. 11, 2018-SP Global Ratings said today that it had assigned its ‘B/B’ long- and short-term foreign and local currency issuer credit ratings to BTA Bank J.S.C. (BTA). The outlook is stable.At the same time, we assigned our ‘kzBB’ Kazakhstan national scale rating to อ่านต่อ…
Preliminary Ratings Assigned To Lannraig Master Issuer’s Series 2018-1 U.K. Buy-To-Let RMBS Notes
LONDON (SP Global Ratings) Oct. 11, 2018-SP Global Ratings today assigned its preliminary ‘AAA (sf)’ credit ratings to Lannraig Master Issuer PLC’s series 2018-1 class 1A and 2A notes. At closing, Lannraig Master Issuer PLC will also issue a class Z1 unrated variable funding note (VFN) (see list อ่านต่อ…
Spain-Based Credit Suisse Securities Sociedad de Valores Assigned ‘A/A-1’ Ratings; Outlook Positive
FRANKFURT (SP Global Ratings) Oct. 11, 2018-SP Global Ratings today assigned its ‘A’ long-term and ‘A-1’ short-term issuer credit ratings to Spain-based Credit Suisse Securities Sociedad de Valores S.A. (CSSSV). The outlook is positive. We also assigned CSSSV our ‘A+’ long-term and ‘A-1’ short-term อ่านต่อ…
CreditWatch On Atlas Iron Ltd. Ratings Revised To Positive After Acquisition Progress By Hancock Prospecting Pty Ltd.
SYDNEY (SP Global Ratings) Oct. 11, 2018-SP Global Ratings said today that it has revised the CreditWatch implications to positive from developing, on the ‘CCC’ issuer credit rating and issue ratings on Atlas Iron Ltd. We initially placed the ratings on CreditWatch with developing implications on อ่านต่อ…
Challenger Millennium NPL Trust Class A Notes Rating Affirmed
MELBOURNE (SP Global Ratings) Oct. 11, 2018-SP Global Ratings today affirmed its rating on the class A notes issued by Perpetual Trustee Co. Ltd. as trustee for Challenger Millennium NPL Trust.
The rating action takes account of the notes’ exposure to increasing pool concentration from the อ่านต่อ…
Pepper I-Prime 2018-2 Trust Prime RMBS Assigned Ratings
MELBOURNE (SP Global Ratings) Oct. 11, 2018-SP Global Ratings today assigned its ratings to eight classes of prime residential mortgage-backed securities (RMBS) issued by Permanent Custodians Ltd. as trustee of Pepper I-Prime 2018-2 Trust (see list). Pepper I-Prime 2018-2 Trust is a securitization อ่านต่อ…
ORCC Financing II LLC Assigned ‘AA (sf)’ Rating After Upsizing
CENTENNIAL (SP Global Ratings) Oct. 10, 2018-SP Global Ratings today assigned its ‘AA (sf)’ rating to ORCC Financing II LLC’s $550 million variable-funding loans. The loan issuance is a corporate loan warehouse facility transaction backed primarily by middle-market speculative-grade senior secured อ่านต่อ…
University Of Northern Iowa Dorm Revenue Bond Rating Outlook Revised To Stable From Positive; All Other Rtgs Affirmed
NEW YORK (SP Global Ratings) Oct. 10, 2018-SP Global Ratings revised its outlook on University of Northern Iowa’s (UNI or the university) dormitory revenue bond rating to stable from positive. At the same time, SP Global Ratings affirmed its ‘A’ long-term ratings and underlying ratings (SPURs) on อ่านต่อ…
Rogers, AR Series 2011 And 2015 Bond Rating Lowered To ‘AA-‘ On Decreased Debt Service Coverage After New Issuance
CENTENNIAL (SP Global Ratings) Oct. 10, 2018-SP Global Ratings lowered its long-term rating on Rogers, Ark.’ outstanding series 2011 sales and use tax refunding and improvement bonds, and series 2015 sales and use tax bonds, to ‘AA-‘ from ‘AA’.We also assigned our ‘AA’ long-term rating to the อ่านต่อ…
Dr. Peng Telecom & Media Group Downgraded To ‘BB-‘ On Weakening Market Position And Rising Leverage; Outlook Negative
HONG KONG (SP Global Ratings) Oct. 10, 2018-SP Global Ratings today lowered its long-term issuer credit rating on Dr. Peng Telecom Media Group Co. Ltd. to ‘BB-‘ from ‘BB’. The outlook is negative. At the same time, we lowered the issue rating on the company’s guaranteed senior unsecured debt to อ่านต่อ…
Investment Energy Resources Limited and Subsidiaries Assigned Preliminary ‘BB-‘ Long-Term Rating; Outlook Stable
SAO PAULO (SP Global Ratings) Oct. 9, 2018-SP Global Ratings assigned its preliminary ‘BB-‘ long-term issuer credit rating to Investment Energy Resources Limited and Subsidiaries (IERL). The outlook is stable.
At the same time, we assigned our preliminary ‘BB-‘ issue-level rating on IERL’s อ่านต่อ…
Cabrillo Unified School District, CA GO Bond Outlook Revised To Stable From Positive On Declining Enrollment
CENTENNIAL (SP Global Ratings) Oct. 9, 2018-SP Global Ratings revised its outlook to stable from positive and affirmed its ‘AA-‘ long-term rating and underlying rating (SPUR) on Cabrillo Unified School District, Calif.’s general obligation (GO) bonds.
"The outlook revision reflects the อ่านต่อ…
Golub Capital Partners CLO 39(B) Ltd./Golub Capital Partners CLO 39(B) LLC Notes Assigned Preliminary Ratings
CENTENNIAL (SP Global Ratings) Oct. 9, 2018-SP Global Ratings today assigned its ratings to Golub Capital Partners CLO 39(B) Ltd./Golub Capital Partners CLO 39(B) LLC’s fixed- and floating-rate notes (see list).
The note issuance is a CLO transaction backed by broadly syndicated speculative-grade อ่านต่อ…
