Monday April 23, 2018 03:17

S&P GLOBAL RATINGS Press Releases

Luxembourg-Registered Commercial Property Group CPI Assigned #BBB# Preliminary Outlook Stcoks—20 Apr 18

MOSCOW (S&P Global Ratings) April 20, 2018--S&P Global Ratings today assigned its 'BBB' preliminary long-term issuer credit rating to CPI Property Group SA. The outlook is stable. In addition, we assigned our preliminary 'BB+' issue rating to the

Mongolia Ratings Affirmed At #B-/B#; Outlook Stable Stcoks—20 Apr 18

On April 20, 2018, S&P Global Ratings affirmed its 'B-' long-term sovereign credit rating on Mongolia. The outlook on the long-term rating is stable. At the same time, we affirmed our 'B' short-term credit rating on Mongolia. The transfer and

Rio Oil Finance Trust $600 Million Notes Series 2018-1 Assigned #BB-# Stcoks—20 Apr 18

NEW YORK (S&P Global Ratings) April 19, 2018--S&P Global Ratings today assigned its 'BB-' rating to Rio Oil Finance Trust's $600 million fixed-rate notes series 2018-1. The note issuance is backed by all current and future royalty and special

USIC Holdings Inc. Outlook Revised To Negative On Announcement Of $75 Million Incremental Term Stcoks—20 Apr 18

NEW YORK (S&P Global Ratings) April 19, 2018-- S&P Global Ratings today revised its outlook on USIC Holdings Inc. to negative from stable and affirmed its 'B' corporate credit rating on the company. At the same time, we affirmed our 'B'

GoodGreen 2018-1 $340.47 Million Notes Assigned Preliminary Ratings Stcoks—20 Apr 18

NEW YORK (S&P Global Ratings) April 19, 2018--S&P Global Ratings today assigned its preliminary 'AA (sf)' rating to GoodGreen 2018-1's $340.47 million series 2018-1 notes. The note issuance is asset-backed securities securitization backed by the

Consolidated Energy Finance S.A.#s Proposed $550 Million Term Loan Rated Stcoks—20 Apr 18

MEXICO CITY (S&P Global Ratings) April 19, 2018-- S&P Global Ratings said today that it assigned its 'BB' issue-level rating to Consolidated Energy Finance S.A.'s (CEF) proposed $550 million seven-year secured B-term loan. CEF is a financing

Fidelity Guaranty Life Holdings Inc. Senior Unsecured Debt Rated #BB+# Stcoks—20 Apr 18

NEW YORK (S&P Global Ratings) April 19, 2018--S&P Global Ratings said today it assigned its 'BB+' senior unsecured debt rating to Fidelity & Guaranty Life Holdings Inc.'s (FG) proposed seven-year senior unsecured note issuance. The rating

Penn Highlands Healthcare, PA#s Series 2018 Revenue Bonds Assigned #A-# Stcoks—20 Apr 18

CHICAGO (S&P Global Ratings) April 19, 2018--S&P Global Ratings assigned its 'A-' rating to The Hospital Authority of the City of DuBois, Pa.'s $158.41 million revenue bonds, series 2018, issued on behalf of Penn Highlands Healthcare (PHH). The

Various Rating Actions Taken On 101 Classes From 25 U.S. RMBS Transactions Stcoks—20 Apr 18

SAN FRANCISCO (S&P Global Ratings) April 19, 2018--S&P Global Ratings today completed its review of 101 classes from 25 U.S. residential mortgage-backed securities (RMBS) transactions issued between 1998 and 2006. All of these transactions are

Dominican Republic #BB-/B# Ratings Outlook Remains Stable Stcoks—20 Apr 18

On April 19, 2018, S&P Global Ratings affirmed its 'BB-/B' long- and short-term sovereign credit ratings on the Dominican Republic. The outlook remains stable. The transfer and convertibility (T&C) assessment is unchanged at 'BB+'. OUTLOOK Our

CLI Funding VI LLC $379.6 Million Notes Series 2018-1 Assigned Preliminary Stcoks—20 Apr 18

NEW YORK (S&P Global Ratings) April 19, 2018--S&P Global Ratings today assigned its preliminary ratings to CLI Funding VI LLC's $379.6 million fixed-rate asset-backed notes series 2018-1 (see list). The note issuance is an asset-backed securities

Rating Raised To #A-1# On ABCP Program FTA Santander 2 Following Upgrade Of Stcoks—19 Apr 18

MADRID (S&P Global Ratings) April 19, 2018--S&P Global Ratings today raised to 'A-1 (sf)' from 'A-2 (sf)' its credit rating on Fondo de Titulización de Activos Santander 2's (FTA Santander 2) asset-backed commercial paper (ABCP)

Oversea-Chinese Banking Corp. Ltd.#s A$600 Million Senior Unsecured Notes Rated Stcoks—19 Apr 18

SINGAPORE (S&P Global Ratings) April 19, 2018--S&P Global Ratings today assigned its 'AA-' long-term issue rating to a A$600 million issue of Australian dollar-denominated senior unsecured notes by Oversea-Chinese Banking Corp. Ltd. (OCBC;

IDS Trust 2008-1 Class A1 Notes Rating Affirmed Stcoks—19 Apr 18

MELBOURNE (S&P Global Ratings) April 19, 2018--S&P Global Ratings today affirmed its 'AAA (sf)' rating on the class A1 residential mortgage-backed securities (RMBS) issued by Permanent Custodians Ltd. as trustee for IDS Trust 2008-1. The rating

Speedcast International Ltd. Assigned #BB-# Rating With Stable Proposed First-Lien Loan Rated #BB- Stcoks—19 Apr 18

MELBOURNE (S&P Global Ratings) April 19, 2018--S&P Global Ratings said today it had assigned its 'BB-' long-term issuer credit ratings to Speedcast International Ltd. (Speedcast) and Speedcast's finance subsidiary Speedcast Communications Ltd.

Outlook On TEPCO Holdings Revised Upward To #BB/B# Credit, #BB+# Debt Ratings Stcoks—19 Apr 18

TOKYO (S&P Global Ratings) April 19, 2018--S&P Global Ratings today said it has revised to positive from stable the outlook on its long-term corporate credit rating on Japan-based regulated electric utility company Tokyo Electric Power Company

Grupo Senda Autotransporte Downgraded To #B-# From #B# And To #mxBB+# From #mxBBB-# On Weaker Stcoks—19 Apr 18

MEXICO CITY (S&P Global Ratings) April 18, 2018--S&P Global Ratings said today that it had lowered its global scale long-term issuer credit rating on Grupo Senda Autotransporte S.A. de C.V. (Senda) to 'B-' from 'B'. At the same time, we lowered

Challenger Millennium Series 2007-1E And 2007-2L Class B Note Ratings Class A And Class AB Notes Stcoks—18 Apr 18

MELBOURNE (S&P Global Ratings) April 18, 2018--S&P Global Ratings today lowered its ratings on the class B notes issued by Perpetual Trustees Victoria Ltd. as trustee of Challenger Millennium Series 2007-1E Trust and Challenger Millennium Series

Proposed Drawdown Of MTN Program Guaranteed By China International Capital Corp. (Hong Kong) Ltd. Stcoks—18 Apr 18

HONG KONG (S&P Global Ratings) April 18, 2018--S&P Global Ratings today assigned its 'BBB' long-term issue rating to a proposed drawdown of senior unsecured notes from the medium-term notes (MTN) program by CICC Hong Kong Finance 2016 MTN Ltd.

Tongyi Industrial Group Assigned Preliminary #B# Rating With Stable Proposed Notes Rated Stcoks—18 Apr 18

HONG KONG (S&P Global Ratings) April 18, 2018--S&P Global Ratings assigned its preliminary 'B' long-term issuer credit rating to China-based chemical producer and distributor, Tongyi Industrial Group Co. Ltd. (Tongyi). The outlook is stable. At

InRetail Pharma S.A. And Its Debt Assigned #BB# Outlook Stable Stcoks—18 Apr 18

MEXICO CITY (S&P Global Ratings) April 17, 2018--S&P Global Ratings said today that it had assigned its 'BB' issuer credit rating to InRetail Pharma S.A. (IP). At the same time, we assigned our 'BB' issue-level rating to the company's proposed

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

RR 4 Ltd. $763 Million Notes Assigned Preliminary Ratings Stcoks—18 Apr 18

NEW YORK (S&P Global Ratings) April 17, 2018--S&P Global Ratings today assigned its preliminary ratings to RR 4 Ltd.'s $763 million floating notes (see list). The note issuance is a collateralized loan obligation transaction backed by primarily

Outlook On Tokio Marine U.S. Subsidiaries Revised To Positive Following Outlook Revision On All Stcoks—18 Apr 18

NEW YORK (S&P Global Ratings) April 17, 2018--S&P Global Ratings said today it revised its outlook on 17 U.S.-domiciled subsidiaries of Japanese insurer Tokio Marine after revising the outlook on our 'A+' long-term rating on Tokio Marine &

Tallapoosa County Board of Education, AL School Warrant Rating Placed On CreditWatch Negative On Stcoks—18 Apr 18

DALLAS (S&P Global Ratings) April 17, 2018--S&P Global Ratings placed its 'AA' long-term rating on the Tallapoosa County, Ala.'s series 2010 limited obligation school warrants, supported by Tallapoosa County Board of Education, on CreditWatch

Principal Financial Holding Companies Upgraded To #A-# On Increased Access To Unregulated Outlook Stcoks—18 Apr 18

CHICAGO (S&P Global Ratings) April 17, 2018--S&P Global Ratings said today it raised its issuer credit ratings on Principal Financial Group Inc. (PFG) and Principal Financial Services Inc. (PFS) to 'A-' from 'BBB+'. At the same time, we affirmed

Preliminary Rating Assigned To Demeter Investments# Series 2018-13 Fixed-Rate Reset Repack Notes Stcoks—17 Apr 18

LONDON (S&P Global Ratings) April 17, 2018--S&P Global Ratings today assigned its preliminary 'A' credit rating to Demeter Investments B.V.'s series 2018-13 fixed-rate reset notes that will be secured on fixed-rate reset dated subordinated notes

eHi Car Services Ltd. #BB# Rating Placed On CreditWatch Negative On Risks Emerging From Stcoks—17 Apr 18

HONG KONG (S&P Global Ratings) April 17, 2018--S&P Global Ratings placed its 'BB' long-term issuer credit rating on eHi Car Services Ltd. on CreditWatch with negative implications. We also placed our 'BB' long-term issue rating on the company's

Various Rating Actions Taken On Subsidiaries Of Tokio Marine Nichido Fire Co. Ltd. Following Stcoks—17 Apr 18

SINGAPORE (S&P Global Ratings) April 17, 2018--S&P Global Ratings said today that it revised the outlook on four Asian subsidiaries of Tokio Marine & Nichido Fire Insurance Co. Ltd. (TMNF) to positive from stable. The four entities are Tokio

Outlooks On Seven Subsidiaries Under Japan-Based MUFG And SMFG Revised Up To Positive After Stcoks—17 Apr 18

TOKYO (S&P Global Ratings) April 17, 2018--S&P Global Ratings today said that it has revised to positive from stable its outlooks on its long-term issuer credit ratings on seven subsidiaries of Japan-based Mitsubishi UFJ Financial Group Inc.