Sunday April 22, 2018 11:52

RECOVER Press Releases

Belarus: Strengthening Foundations for Sustainable Recovery Stcoks—20 Apr 18

MINSK, April 19, 2018 – The speed of economic recovery has accelerated in early 2018, but the foundations for solid growth need to be strengthened, says the latest World Bank Economic Update on Belarus. The economic outlook remains challenging due

Executive Board Concludes 2018 Article IV Discussions with Cabo Verde Stcoks—19 Apr 18

On March 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation [1] with Cabo Verde. The economic recovery is gaining momentum, reflecting a more favorable external environment and the payoff of

Alumina Ltd. Outlook Revised To Positive On Improving Earnings Of #BB+# Ratings Stcoks—18 Apr 18

MELBOURNE (S&P Global Ratings) April 18, 2018--S&P Global Ratings said today that it had affirmed the issuer credit rating and associated issue rating on Alumina Ltd. at 'BB+'. The outlook on the long-term rating is positive. The recovery rating

The Netherlands and World Bank sign US$580 million agreement for Sint Maartens Recovery and Stcoks—17 Apr 18

The Netherlands and World Bank sign US$580 million agreement for Sint Maarten's Recovery and Resilience Post Irma WASHINGTON, April 16, 2018—The State Secretary for the Interior and Kingdom Affairs of the Netherlands, Raymond Knops, signed today an

Republic of San Marino: IMF Executive Board Concludes 2018 Article IV Stcoks—12 Apr 18

On March 22, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Republic of San Marino. San Marino's economy rebounded in 2016, on the back of recovering domestic demand and important

Policy Reforms to Re-ignite the Private Sector Can Help Accelerate Kenyas Pace of Recovery, Foster Stcoks—11 Apr 18

NAIROBI, April 11, 2018 — Kenya's GDP growth is projected to recover to 5.5% in 2018 up from an estimated 4.8% in 2017. Over the medium term, economic activity is expected to gain momentum, steadily rising to 6.1% by 2020, according to the World

Thailand Expected to Post 4.1% Growth in 2018 - Best Economic Performance Since Stcoks—10 Apr 18

BANGKOK, April 9, 2018 – Thailand's economy is expected to grow by 4.1 percent in 2018, the fastest pace since 2012, says the latest edition of the World Bank's Thailand Economic Monitor. Thailand's economic recovery is broadening in 2018. While

Seamless Steel Tube Maker Vallourec#s Proposed EUR300 Mil. Unsecured Bond Rated #B# With #3# Stcoks—09 Apr 18

PARIS (S&P Global Ratings) April 9, 2018--S&P Global Ratings said today that it assigned its 'B' issue rating to the new EUR300 million unsecured bond due 2023 to be issued by France-based seamless steel tube producer Vallourec

EIC expects the Thai economy to expand at 4.0% in 2018 supported by strong global economy and Stcoks—02 Apr 18

EIC's latest forecast points to continued expansion of the Thai economy at 4.0% YOY in 2018, buoyed by improving external demand and recovering investment. The tourism and export sectors will continue to be the main growth drivers of the economy this

A Sustainable Recovery In Gaza Is Not Foreseen Without Trade Stcoks—16 Mar 18

JERUSALEM, March 15, 2018 – Gaza has seen conditions steadily deteriorate over the last two decades, leading to collapsing of the economy and basic social services. While additional cash inflows are urgently needed to bring relief to the difficult

A Sustainable Recovery In Gaza Is Not Foreseen Without Trade Stcoks—15 Mar 18

JERUSALEM, March 15, 2018 – Gaza has seen conditions steadily deteriorate over the last two decades, leading to collapsing of the economy and basic social services. While additional cash inflows are urgently needed to bring relief to the difficult

Fogo De Chao Inc. Rated #B# On Acquisition By Rhone Debt Rated #B#; Outlook Stcoks—14 Mar 18

NEW YORK (S&P Global Ratings) March 13, 2018--S&P Global Ratings today assigned its 'B' corporate credit rating to Dallas-based Fogo De Chão Inc. The outlook is stable. At the same time, we assigned our 'B' issue-level and '3' recovery

Iron Mountain Inc.#s Proposed $500 Million Senior Secured Term Loan B Rated #BB# (Recovery Rating: Stcoks—13 Mar 18

NEW YORK (S&P Global Ratings) March 12, 2017--S&P Global Ratings today assigned its 'BB' issue-level rating and '2' recovery rating to Iron Mountain Inc.'s proposed $500 million senior secured term loan B due 2026. The '2' recovery rating

Photo Release: GTB export Waste Heat Recovery Boiler to Indonesia General—12 Mar 18

GTB by Mr. Suchat Mongkhonaripong(left) / CEO of GETABEC Public Company Limited and Navigat Energy Pte. Ltd., Indonesia by Mr. Nils Hansen (right) / Regional Sales Director, have signed purchase agreement to manufacture Waste Heat Recovery Boiler which

Thai listed firms# 2017 earnings up 9 pct to nearly THB 1 trillion Stcoks—07 Mar 18

- Economic expansion, higher oil prices, recovering exports and tourism support positive net profits Companies listed on The Stock Exchange of Thailand (SET) and Market for Alternative Investment (mai) reported a combined net profit of THB 990 billion

Japan-Based Ricoh Co. Ltd. Rating Lowered To #BBB+# On A Likely Weaker Recovery In Pro Outlook Stcoks—06 Mar 18

TOKYO (S&P Global Ratings) March 6, 2018--S&P Global Ratings today said it has lowered by one notch to 'BBB+' from 'A-' its long-term corporate credit and senior unsecured debt ratings on Japan-based office equipment maker Ricoh Co. Ltd. and the

Belden Inc.#s Proposed Euro 350 Million Subordinated Notes Assigned #BB-# Rating (Recovery Rating: Stcoks—06 Mar 18

NEW YORK (S&P Global Ratings) March 6, 2018--S&P Global Ratings today assigned its 'BB-' issue-level rating and '5' recovery rating to St. Louis-based cable, connector, and component manufacturer Belden Inc.'s proposed EUR350 million 10-year

CSI Compressco L.P. #B-# Rating Affirmed, Outlook Secured Notes Rated #B+#, Unsecured Debt Rating Stcoks—06 Mar 18

NEW YORK (S&P Global Ratings) March 5, 2018--S&P Global Ratings said today it affirmed its 'B-' corporate credit rating on CSI Compressco L.P. The outlook is stable. We also assigned our 'B+' issue-level rating and '1' recovery rating to the

EVERTEC Group LLC #B+# Ratings Affirmed And Removed From CreditWatch Due To Consumer Spending Stcoks—06 Mar 18

NEW YORK (S&P Global Ratings) March 5, 2018--S&P Global Ratings today affirmed its 'B+' corporate credit rating on San Juan, P.R.-based merchant acquirer and payment processor EVERTEC Group LLC and removed it from CreditWatch, where it was placed

Fortescue Metals Group#s New Senior Unsecured Notes Rated #BB+#; Rating On Existing Unsecured Notes Stcoks—02 Mar 18

MELBOURNE (S&P Global Ratings) March 2, 2018--S&P Global Ratings today said that it had assigned its 'BB+' rating with a recovery rating of '4' on FMG Resources (August 2006) Pty Ltd.'s new senior unsecured notes. We also raised the long-term

Cullen/Frost Bankers Inc. Outlook Revised To Stable From Negative On Recovery From Energy #A-# Stcoks—28 Feb 18

NEW YORK (S&P Global Ratings) Feb. 27, 2018--, S&P Global Ratings today revised its outlook on Cullen/Frost Bankers Inc. and its primary bank subsidiary, Frost Bank, to stable from negative. We also affirmed our 'A-' issuer credit rating on

Delek US Holdings Inc. Rated #BB#, Outlook Alon USA Partners Rating Raised To Stcoks—28 Feb 18

NEW YORK (S&P Global Ratings) Feb. 27, 2018--S&P Global Ratings said today it assigned its 'BB' corporate credit rating to Delek US Holdings Inc. The outlook is stable. We also assigned our 'BBB-' issue-level rating and '1' recovery to the

Bangkoks Housing Prices Remain On The Rise, With Over 100 Percent Growth In Three Properties—27 Feb 18

The DDproperty Property Index reveals Bangkok's residential property price trend remains positive. This is in line with the economic recovery and improved purchasing power in Thailand. Bangkok's residential property prices increased throughout 2017 and

Booz Allen Hamilton Inc.#s Proposed $395 Million Senior Secured Term Loan B Due 2023 Rated #BB# Stcoks—23 Feb 18

WASHINGTON D.C. (S&P Global Ratings) Feb. 22, 2018--S&P Global Ratings today assigned its 'BB' issue-level rating and '3' recovery rating to Booz Allen Hamilton Inc.'s proposed $395 million senior secured term loan B due 2023. The '3' recovery

PS HoldCo LLC Assigned #B+# Outlook Stable Stcoks—22 Feb 18

NEW YORK (S&P Global Ratings) Feb. 21, 2018--S&P Global Ratings today assigned its 'B+' corporate credit rating to PS HoldCo LLC. The outlook is stable. At the same time, we assigned our 'B+' issue-level rating and '3' recovery rating to the

DRT kicks off Full Product Full Service strategy to establish business advantages driving 2018s Properties—21 Feb 18

DRT kicks off Full Product Full Service strategy to establish business advantages driving 2018's target growth to attain no less than 5% with confidence of strong modern trade-project customers in line with economic-purchasing power recovery while its

The Goodyear Tire Rubber Co.#s $400 Million Second-Lien Term Loan Assigned #BBB-# Rating (Recovery Stcoks—21 Feb 18

NEW YORK (S&P Global Ratings) Feb. 20, 2018--S&P Global Ratings today assigned its 'BBB-' issue-level and '1' recovery ratings to Akron, Ohio-based The Goodyear Tire & Rubber Co.'s proposed $400 million second-lien term loan. The '1' recovery

TTM Technologies Inc. First-Lien Debt Ratings Lowered To #BB+# On $600 Million Recovery Revised To Stcoks—15 Feb 18

SAN FRANCISCO (S&P Global Ratings) Feb. 14, 2018--S&P Global Ratings today revised its recovery rating to '2' from '1' on Costa Mesa, Calif.-printed circuit board manufacturer TTM Technologies Inc.'s first-lien debt (term loan and revolving

W.R. Grace Co. Downgraded To #BB# From #BB+# Due To New Debt And Weaker-Than-Expected P Outlook Stcoks—14 Feb 18

NEW YORK (S&P Global Ratings) Feb. 13, 2018--S&P Global Ratings today lowered its corporate credit rating on W.R. Grace & Co. to 'BB' from 'BB+'. The outlook is stable. At the same time, we assigned our 'BBB-' issue-level and '1' recovery

Iconix Brand Group Inc. Rating Lowered To #CC# From #CCC-# On Distressed Debt Outlook Stcoks—13 Feb 18

NEW YORK (S&P Global Ratings) Feb. 12, 2018--S&P Global Ratings today lowered its corporate credit rating on New York-based Iconix Brand Group Inc. to 'CC' from 'CCC-'. The outlook is negative. Our 'CCC+' issue-level and '1' recovery ratings on