Wednesday October 18, 2017 01:30

Stcoks Press Release : 31 Aug 2017

SET to list Triple i Logistics on September 1 Stcoks—31 Aug 17

The Stock Exchange of Thailand (SET) will list Triple i Logistics pcl, an integrated logistics service provider, on September 1, under the ticker symbol "III". The company has a market capitalization at its initial public offering (IPO) of THB 2.9

Newcastle Coal Infrastructure Group Pty Ltd. #BBB# Rating Outlook Remains Stable Stcoks—31 Aug 17

SYDNEY--7 Sep--S&P Global Ratings

SYDNEY (S&P Global Ratings) Aug. 31, 2017--S&P Global Ratings said today that it had affirmed its 'BBB' issue rating on the senior secured debt issued by Newcastle Coal Infrastructure Group Pty Ltd. (NCIG), an Australia-based coal shipping terminal. At the same time, we also affirmed our 'B+' issue rating on the junior debt issued by NCIG Holdings Pty Ltd. The outlook on the issue ratings remains stable.

We affirmed the ratings to reflect NCIG's stable cash flows, which are generated from robust evergreen ship-or-pay contracts with its shippers that mutually own the terminal and provide predictable cash flows over the long term. We consider the coal terminal's operations and maintenance task to be relatively simple and straightforward. The contracts further limit operational risk because shippers are required to pay even if no coal is shipped.

We note that NCIG recently refinanced its 2018 debt maturities and, due to strong demand, was able to refinance a portion of its 'S class' debt at the same time. As a part of the refinancing, the bank debt includes slightly higher short-term amortization and correspondingly lower amortization thereafter compared with our previous assumptions. We expect NCIG to take further opportunities to refinance 'S class' debt with 'A class' debt, which will si

HT Global IT Solutions Holdings Ltd. #BB-# Rating Affirmed Following Proposed Shareholder Di Stcoks—31 Aug 17

SINGAPORE (S&P Global Ratings) Aug. 31, 2017--S&P Global Ratings today affirmed its 'BB-' long-term corporate credit rating on HT Global IT Solutions Holdings Ltd., an India-based service provider of information technology (IT) and business

China National Gold Outlook Revised To Stable On Recovery In Metal #BBB# Rating Stcoks—31 Aug 17

HONG KONG (S&P Global Ratings) Aug. 31, 2017--S&P Global Ratings revised its outlook on China National Gold Group Corp. (CNG) to stable from negative. At the same time, we affirmed our 'BBB' long-term corporate credit rating on the China-based

Photo Release: EXIM Thailand Attends Dinner Talk by Myanmars Industry Stcoks—31 Aug 17

Mr. Pisit Serewiwattana (3rd left), President of Export-Import Bank of Thailand (EXIM Thailand), took a group picture with U Khin Maung Cho (middle), Minister of Industry in Myanmar; H.E. Mr. Jukr Boon-Long (3rd right), Ambassador Extraordinary and

THE WORLD FEDERATION OF EXCHANGES ANNOUNCES ITS FORTHCOMING GENERAL ASSEMBLY ANNUAL Stcoks—31 Aug 17

The World Federation of Exchanges ("The WFE"), which represents more than 200 market infrastructure providers including exchanges and CCPs, is pleased to announce its 57th General Assembly & Annual Meeting. The meetings take place from 6-8 September

SET hosts WFE General Assembly Annual Meeting during Sept 6-8 Stcoks—31 Aug 17

The Stock Exchange of Thailand (SET) will host The World Federation of Exchanges (WFE)'s 57th General Assembly & Annual Meeting from September 6-8, 2017, in Bangkok, Thailand, under the theme "Social Value of Exchanges". This year, the annual meeting

Aria Energy Operating LLC Corporate Credit Rating Raised Two Notches To #B+# From Stcoks—31 Aug 17

CENTENNIAL (S&P Global Ratings) Aug. 29, 2017--S&P Global Ratings raised its rating two notches to 'B+' from 'B-' on Aria Energy Operating LLC. The outlook is stable. The '3' recovery rating on the senior secured debt is unchanged and indicates

Tulsa Pythian Manor Inc., GA Multifamily Housing Rating On CreditWatch Negative Due To Increased Stcoks—31 Aug 17

CHICAGO (S&P Global Ratings) Aug. 30, 2017--S&P Global Ratings placed on CreditWatch with negative implications its 'A-' long-term rating on Tulsa County Industrial Authority, Okla.'s (Pythian Manor Apartments project) series 2016A and A-T

Three Ratings Raised And 48 Ratings Affirmed On Three College Loan Corp. FFELP ABS Stcoks—31 Aug 17

NEW YORK (S&P Global Ratings) Aug. 30, 2017--S&P Global Ratings today affirmed its ratings on 48 classes and raised its ratings on three classes from three College Loan Corp. asset-backed securities (ABS) student loan transactions (see list). We

Two Ratings Raised, 44 Affirmed On 12 FFELP Student Loan Trusts Administered By Stcoks—31 Aug 17

NEW YORK (S&P Global Ratings) Aug. 30, 2017--S&P Global Ratings today raised its ratings on two classes and affirmed its ratings on 44 classes from 12 SLM Student Loan Trust transactions (see list). These transactions are backed by pools of

Atlantic Security Bank #BBB-# Long-Term And #A-3# Short-Term Ratings Outlook Remains Stcoks—31 Aug 17

MEXICO CITY (S&P Global Ratings) Aug. 30, 2017--S&P Global Ratings affirmed its 'BBB-' long-term and 'A-3' short-term issuer credit ratings on Atlantic Security Bank (ASB). The outlook remains stable. The ratings on ASB reflect its low market

IMF Staff Concludes Visit to Cameroon Stcoks—31 Aug 17

Economic growth continues to slow due to weaker activity in the oil sector. Cameroon's growth outlook is however positive, with a gradual rebound starting in 2018. Performance under the first ECF-supported program appears on track. Compliance with

Government of Fiji, World Bank Group Strengthen Partnership Stcoks—31 Aug 17

SUVA, August 30, 2017—The government of Fiji and the World Bank Group signed an agreement today that will support deepened cooperation through a larger, more established presence in Suva, which will act as a hub for the development bank's

Lao PDR to Strengthen Resilience to Natural Disasters Stcoks—31 Aug 17

VIENTIANE, August 30, 2017 – The Ministry of Finance and the World Bank signed today an agreement for $30 million in financing for the Lao PDR Southeast Asia Disaster Risk Management Project, which will invest in urban flood risk management in

Poverty Declined Between 2004-05 and 2015 in Myanmar: New Joint Myanmar-World Bank Stcoks—31 Aug 17

NAY PYI TAW, 30 August, 2017 - Poverty in Myanmar continues to decline, falling from 32.1 percent to 19.4 percent in the 10 years up to 2015, while standards of living overall have improved with average household spending increasing annually by 1.4