Saturday January 20, 2018 20:05

RATING Press Releases

TMBs operating profit before provision improved 6% in 2017 Stcoks—19 Jan 18

- The Bank remains prudent by setting higher provision and maintains strong coverage ratio at 143% NPL ratio drops to 2.35% - Net profit was THB8,687 million, a 6% increase from last year TMB Bank Public Company Limited and its subsidiaries announced

Russia-Thailand: a way to new heights General—19 Jan 18

Russia and Thailand share long-standing friendship. In 2017 we are celebrating the 120th anniversary of the establishment of diplomatic relations between our countries and looking back at the history of friendship between the Russian Emperor Nicolas II

KASIKORNBANK announces 2017 net profit of Baht 34,338 Million Stcoks—19 Jan 18

Mr. Predee Daochai, President of KASIKORNBANK, said KASIKORNBANK announced net profit for the year of 2017 of Baht 34,338 Million, a decrease of 14.53% over the previous year. Operating performance for the year of 2017 compared with 2016, KBank and its

KPEX Holdings Inc. Ratings Affirmed On Acquisition By AEA Investors L.P., Outlook New Debt Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today affirmed its 'B' corporate credit rating on KPEX Holdings Inc. The outlook is stable. At the same time, we assigned our 'B' issue-level rating to the company's $45 million

Ratings Withdrawn On BRHCCB 07-2U Certificates Insured By MBIA Mexico Stcoks—19 Jan 18

MEXICO CITY (S&P Global Ratings) Jan. 18, 2018-- S&P Global Ratings today withdrew its 'CCC (sf)' global scale and 'mxCCC (sf)' CaVal national scale long-term ratings on the BRHCCB 07-2U certificates, which correspond to a Mexican residential

New Residential Mortgage Loan Trust 2018-1 $678.487 Million Notes Assigned Preliminary Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its preliminary ratings to New Residential Mortgage Loan Trust 2018-1's $678.487 million residential mortgage-backed notes (see list). The note issuance is a

Madison Park Funding XXVII Ltd./Madison Park Funding XXVII LLC $701.60 Million Notes Assigned Stcoks—19 Jan 18

CENTENNIAL (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its preliminary ratings to Madison Park Funding XXVII Ltd./Madison Park Funding XXVII LLC's $701.60 million floating-rate notes (see list). The note issuance is a

Preliminary Ratings Assigned To Two Classes From Canyon Capital CLO 2014-1 Ltd. In Connection With Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its preliminary ratings to the class X and A-1A-R replacement notes from Canyon Capital CLO 2014-1 Ltd., a collateralized loan obligation (CLO) originally issued in

Triborough Bridge And Tunnel Authority, NY Series 2018A General Revenue Bonds Rated #AA-#; Other Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings has assigned its 'AA-' long-term rating to the Triborough Bridge and Tunnel Authority (TBTA), N.Y.'s pro forma $351.93 million series 2018A general revenue bonds. The outlook is

Seven CIFC Funding 2014 Ltd. Classes Assigned Ratings In Connection With Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its ratings to the class X, A-1-R2, B-R2, C-R2, D-R2, E-R2, and F-R2 replacement notes from CIFC Funding 2014 Ltd., a collateralized loan obligation (CLO) originally

West Branch-Rose City Area Schools, MI Bond Rating Raised To #A+# On Stronger Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings has raised its underlying rating on West Branch-Rose City Area Schools, Mich.'s existing general obligation (GO) bonds to 'A+' from 'A.' The outlook is stable. "The upgrade reflects

Harbor Freight Tools USA Inc.#s Senior Secured Term Loan Rated #BB-# (Recovery Rating: Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its 'BB-' issue-level rating and '3' recovery rating to California-based tool and equipment retailer Harbor Freight Tools USA Inc.'s (HFT) proposed $2.16 billion

EMG Utica #B# Rating Affirmed, Outlook Senior Debt Rating Raised To #B+# On Improved Recovery Stcoks—19 Jan 18

NEW YORK (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings said today it affirmed its 'B' corporate credit rating on EMG Utica LLC. The outlook is stable. At the same time, we raised our issue-level rating on EMG Utica's $325 million senior

Outlook On Houston, TX General Obligation Bonds Revised To Stable From Negative On Pension #AA# Stcoks—19 Jan 18

DALLAS (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings has revised its outlook to stable from negative and affirmed its 'AA' long-term and underlying ratings on the City of Houston, Texas' general obligation (GO) bonds. "The outlook

Ohio Turnpike and Infrastructure Commission#s 2018A Senior Bonds Rated #AA-#; 2018A Junior Bonds Stcoks—19 Jan 18

CHICAGO (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings has assigned its 'AA-' long-term rating to Ohio Turnpike and Infrastructure Commission's (OTIC) pro forma $80 million revenue bonds, series 2018A; and its 'A+' rating to its $450

China South City Holdings Ltd.#s Proposed U.S. Dollar Senior Unsecured Notes Assigned #B-# Stcoks—18 Jan 18

HONG KONG (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its 'B-' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes by China South City Holdings Ltd. (CSC; B/Negative/--). The

Philippines# Proposed Senior Unsecured Notes Assigned #BBB# Long-Term Foreign Currency Stcoks—18 Jan 18

SINGAPORE (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today assigned its 'BBB' long-term foreign currency issue rating to the proposed benchmark-sized U.S. dollar-denominated senior unsecured notes issued by the Republic of the

UDC Finance #BBB/A-2# Ratings Affirmed, Off C Outlook Stable Stcoks—18 Jan 18

MELBOURNE (S&P Global Ratings) Jan. 18, 2018--S&P Global Ratings today said it has affirmed its ratings on New Zealand-based UDC Finance Ltd. (UDC) at 'BBB/A-2' and removed them from CreditWatch with negative implications. The outlook is

5-Star Safety Rating for Mitsubishi Motors Eclipse Cross from ASEAN NCAP ahead of Regional Automotive—18 Jan 18

All-new SUV Coupe secures high marks in regional safety test before launch at the Singapore Motorshow Mitsubishi Motors Corporation (MMC) announced today that the all-new Eclipse Cross SUV Coupe received a 5-star rating from the ASEAN New Car Assessment

CIMB THAI posts THB 384.9 million net profit for FY2017. Stcoks—18 Jan 18

- Operating income rose by THB 226.6 million to THB 13,154.7 million, mainly driven by the increase in net interest income and net fee and service income. - 2017 net profit of THB 384.9 million, an increase of THB 1,014.4 million YoY, compared to a net

Spirit Master Funding LLC $674.4 Million Notes Series 2017-1 Assigned Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today assigned its rating to Spirit Master Funding LLC/Spirit Master Funding II LLC/Spirit Master Funding III LLC/Spirit Master Funding VI LLC/Spirit Master Funding VIII LLC's $674.4

Ratings Assigned To Six Classes From Telos CLO 2013-4 Ltd. In Connection With Stcoks—18 Jan 18

CENTENNIAL (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today assigned its ratings to the class A-R, B-R, D-R, and E-R replacement notes, class C-R loans, and new class X notes from Telos CLO 2013-4 Ltd./Telos CLO 2013-4 LLC, a

Monroe County, WI GO Rating Lowered To #AA-# On Declining Economic Metrics And Stcoks—18 Jan 18

CENTENNIAL (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings lowered its long-term rating to 'AA-' from 'AA' on Monroe County, Wis.' existing general obligation (GO) bonds. At the same time, S&P Global Ratings assigned its 'AA-'

Ratings On Six LOC-Supported Bond Issues Placed On CreditWatch Negative Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today placed its 'AA/A-1+' ratings on six bond issues supported by letters of credit (LOC) on CreditWatch with negative implications (see list). Today's rating action reflects the

Manhattan Beach, CA#s Series 2018 Reassessment District No. 2018 Limited-Obligation Refunding Bonds Stcoks—18 Jan 18

CENTENNIAL (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings assigned its 'A' long-term rating to the City of Manhattan Beach, Calif.'s Reassessment District No. 2018 limited-obligation refunding bonds, series 2018. The outlook is

Ratings Assigned To Five Classes From Palmer Square CLO 2014-1 Ltd. In Connection With Second Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today assigned its ratings to the class A-1-R2, A-2-R2, B-R2, C-R2, and D-R2 replacement notes from Palmer Square CLO 2014-1 Ltd., a collateralized loan obligation (CLO) originally

Sears Holdings Corp. Downgraded To #CCC-# On Possible Select Debt Restructuring Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today lowered its corporate credit rating on Sears Holdings Corp. to 'CCC-' from 'CCC'. The outlook is negative. At the same time, we lowered the issue-level ratings in line with the

Transworld Systems Inc. Downgraded To #CCC-# From #CCC# On Contract Outlook Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today lowered its corporate credit rating on Chicago-based Transworld Systems Inc. to 'CCC-' from 'CCC'. The outlook is stable. At the same time, we lowered the issue ratings on

Realogy Group LLC Proposed Secured Credit Facility Rated #BB+# (Recovery: 1); Unsecured Notes Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today assigned its 'BB+' issue-level rating and '1' recovery rating to Madison, N.J.-based residential real estate franchising and brokerage company Realogy Group LLC's proposed

Verus Securitization Trust 2018-1 $242.521 Million Notes Assigned Preliminary Stcoks—18 Jan 18

NEW YORK (S&P Global Ratings) Jan. 17, 2018--S&P Global Ratings today assigned its preliminary ratings to Verus Securitization Trust 2018-1's $242.521 million mortgage pass-through certificates (see list). The note issuance is a residential