Tuesday December 12, 2017 11:17

STANDARD&POOR Press Releases

Watercare Services Ltd. Ratings Raised To #AA# On Stronger Shareholder Outlook Stcoks—12 Dec 17

SYDNEY (S&P Global Ratings) Dec. 12, 2017--S&P Global Ratings said today that it had raised its long-term corporate credit rating to 'AA' from 'AA-' on Watercare Services Ltd., a New Zealand utility company 100% owned by Auckland Council. The

Troy, AL, Water, Sewer, And Electric Revenue Warrants Downgraded To #BBB+# From #A-#; 2017-A Stcoks—12 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings lowered its underlying rating (SPUR) on Troy, Ala.'s water, sewer, and electric revenue warrants to 'BBB+' from 'A-'. At the same time, S&P Global Ratings assigned its 'BBB+'

Four Preliminary Ratings Assigned To Golub Capital Partners CLO 21(M)-R Ltd. In Connection With Stcoks—12 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings today assigned its preliminary ratings to the class A-R, B-R, C-R, and D-R replacement notes from Golub Capital Partners CLO 21(M)-R Ltd./Golub Capital Partners CLO 21(M)-R LLC, a

Five Colombian Corporate And Infrastructure Companies Downgraded To #BBB-# From #BBB# On Same Stcoks—12 Dec 17

MEXICO CITY (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings lowered its long-term corporate credit rating on Ecopetrol S.A., Grupo de Inversiones Suramericana S.A. (Sura), Oleoducto Central, S.A. (OCENSA), Interconexion Electrica S.A.

Cottage Grove, OR#s Series 2017 Full-Faith-And-Credit Refunding Obligations Assigned #AA# Stcoks—12 Dec 17

SAN FRANCISCO (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings assigned its 'AA' long-term rating to Cottage Grove, Ore.'s series 2017 full-faith-and-credit refunding obligations. The outlook is stable. We understand that the city is

Carlyle US CLO 2017-5 Ltd. $415.50 Million Notes Assigned Preliminary Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings today assigned its preliminary ratings to Carlyle US CLO 2017-5 Ltd.'s $509.95 million broadly syndicated collateralized loan obligation (CLO) (see list). The note issuance is a CLO

Sharp HealthCare, CA Bond Ratings Raised To #AA# On Improved Financial And Business Stcoks—12 Dec 17

SAN FRANCISCO (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings raised its long-term ratings and underlying (SPUR) ratings on ABAG Finance Authority for Nonprofit Corps., Calif.'s $372.1 million series 2009B, 2011A, 2012A, and 2014A bonds;

FR Dixie Acquisition Corp. Downgraded To #CCC# From #CCC+# On Weakened Liquidity, Outlook Debt Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings today lowered its corporate credit rating on FR Dixie Acquisition Corp. to 'CCC' from 'CCC+'. The outlook is negative. At the same time, we lowered our issue-level ratings on the

Colombia Foreign Currency Issuer Credit Ratings Lowered To #BBB-/A-3# On Weaker Policy F Outlook Stcoks—12 Dec 17

On Dec. 11, 2017, S&P Global Ratings lowered its long-term foreign currency sovereign credit rating on the Republic of Colombia to 'BBB-' from 'BBB' and its long-term local currency sovereign credit rating to 'BBB' from 'BBB+'. The outlook on our

Sedgwick Inc. #B# Rating Affirmed, Removed From CreditWatch, Outlook New Debt Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017-- S&P Global Ratings said today it affirmed its 'B' long-term issuer credit rating on Sedgwick Inc. and Sedgwick Claims Management Services Inc. and removed the ratings from CreditWatch Negative, where

Everest Insurance (Ireland) DAC Rated #A+# On Guarantee From Everest Reinsurance (Bermuda) Ltd.; Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings said today it assigned its 'A+' financial strength rating to Everest Insurance (Ireland) DAC (EIID). The outlook is stable. Everest Reinsurance (Bermuda) Ltd. (ERB) has provided a

SciQuest Inc. Assigned #B# Corporate Credit Outlook $410M Refinancing Rated #B# (Recovery Rating: Stcoks—12 Dec 17

On Dec. 11, 2017, S&P Global Ratings assigned a 'B' corporate credit rating to Morrisville, N.C.-based SciQuest Inc. The outlook is stable. At the same time, we assigned our 'B' issue-level rating and '3' recovery rating to Jaggaer's first-lien

Kiewit Meridiam Partners#/Colorado Bridge Enterprise#s Central 70 Project Debt Assigned #A-# Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings today assigned its preliminary 'A-' rating to the proposed $116.915 million senior revenue bonds (Central 70 Project) Series 2017 due 2051 issued by Colorado Bridge Enterprise (CBE)

Seneca East Local School District, OH GO Rating Raised To #A+# On Positive General Fund Results, Stcoks—12 Dec 17

NEW YORK (S&P Global Ratings) Dec. 11, 2017--S&P Global Ratings raised its underlying rating on Seneca East Local School District, Ohio's general obligation (GO) debt one notch to 'A+' from 'A'. The outlook is stable. The rating action reflects

PT Indosat Tbk. Upgraded To #BBB-# On Solid Cash Flow And Reducing Outlook Stcoks—08 Dec 17

SINGAPORE (S&P Global Ratings) Dec. 8, 2017--S&P Global Ratings today raised its long-term corporate credit rating on Indonesia-based telecommunications operator PT Indosat Tbk. (Indosat) to 'BBB-' from 'BB+'. The outlook is stable. The upgrade

Elion Resources Group Co. Ltd. Outlook Revised To #B# Rating Affirmed Stcoks—08 Dec 17

HONG KONG (S&P Global Ratings) Dec. 8, 2017-- S&P Global Ratings today revised the outlook on Elion Resources Group Co. Ltd. to negative. We affirmed our 'B' long-term corporate credit rating on the company. We revised the rating outlook on Elion

Yangzhou Urban Construction Assigned #BBB# Rating With Stable Proposed Senior Unsecured Notes Stcoks—08 Dec 17

HONG KONG (S&P Global Ratings) Dec. 8, 2017--S&P Global Ratings today assigned its 'BBB' long-term corporate credit rating to Yangzhou Urban Construction State-owned Assets Holding (Group) Co. Ltd. (YZUC). The outlook is stable. We also assigned

Dunedin City Treasury Ltd. #AA/A-1+# Ratings Outlook Remains Stable Stcoks—08 Dec 17

MELBOURNE (S&P Global Ratings) Dec. 8, 2017--S&P Global Ratings today affirmed its 'AA' long-term and 'A-1+' short-term issuer credit ratings on Dunedin City Treasury Ltd. (DCTL). The outlook on the long-term ratings remains stable. The ratings

Dunedin City Council #AA/A-1+# Ratings Outlook Remains Stable Stcoks—08 Dec 17

On Dec. 8, 2017, S&P Global Ratings affirmed its 'AA' long-term foreign-currency and local-currency issuer credit ratings and its 'A-1+' short-term ratings on Dunedin City Council, a New Zealand local government. The outlook on the rating remains

Southern California Presbyterian Homes# 2009 Revenue Bonds Affirmed At #BBB-#; Rating Then Stcoks—08 Dec 17

SAN FRANCISCO (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings affirmed its 'BBB-' long-term rating on California Statewide Communities Development Authority's series 2009 revenue bonds issued for Southern California Presbyterian Homes

Hi-Crush Partners Senior Secured Debt Rating Lowered To #B-# On Upsized Revolver, Extended Stcoks—08 Dec 17

NEW YORK (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today lowered its issue-level rating on Houston-based hydraulic fracturing (frac) sand producer Hi-Crush Partners L.P.'s $200 million senior secured term loan to 'B-' from 'B'. At the

Inver Grove Heights, MN GO Rating Raised To #AA+# On Very Strong Finances And Improved Stcoks—08 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings raised its long-term rating on Inver Grove Heights, Minn.'s existing general obligation (GO) bonds to 'AA+' from 'AA'. At the same time, we assigned our 'AA+' long-term rating to

Preliminary Ratings Assigned To Six Classes From Barings CLO Ltd. 2013-I In Connection With Stcoks—08 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today assigned its preliminary ratings to the class AR, BR, CR, DR, ER, and FR replacement notes from Barings CLO Ltd. 2013-I/Barings CLO 2013-I LLC, a collateralized loan

Freeman School District No. 33-1, SD GO Outlook Revised To Negative On Declining Enrollment, Lower Stcoks—08 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings has revised the outlook to negative from stable and affirmed its 'A+' underlying rating on Freeman School District No. 33-1, S.D.'s unlimited-tax general obligation (GO) bonds

Winona Independent School District No. 861, MN GO Debt Rating Lowered To #A# On Weakening Outlook Stcoks—08 Dec 17

CENTENNIAL (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings lowered its long-term rating to 'A' from 'A+' on Winona Independent School District (ISD) No. 861, Minn.'s existing general obligation (GO) bonds. The outlook is negative. "The

CSM Bakery Solutions LLC Ratings Affirmed On Improved Outlook Remains Stcoks—08 Dec 17

SAN FRANCISCO (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today affirmed its 'CCC+' corporate credit rating on Atlanta-based CSM Bakery Solutions LLC and revised its assessment of the company's liquidity profile to adequate from less

Stratford, CT #AA# GO Debt Rating Off Watch After State Budget Outlook Negative On Weakened Stcoks—08 Dec 17

BOSTON (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings affirmed its 'AA' rating on Stratford, Conn.'s general obligation (GO) bonds. At the same time, we removed the rating from CreditWatch with negative implications, where it was placed on

Driver China eight Trust ABS Assigned Ratings Stcoks—07 Dec 17

HONG KONG (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today assigned its ratings to two classes of asset-backed securities (ABS) issued by Citic Trust Co. Ltd. as trustee of Driver China eight Trust (see list). The notes are backed by a

Ratings On Taiwan Financial Holding Co. Ltd. Affirmed At #A+/A-1#; Ratings Then Withdrawn At Stcoks—07 Dec 17

TAIPEI (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today affirmed its 'A+' long-term and 'A-1' short-term issuer credit ratings on Taiwan Financial Holding Co. Ltd. We then withdrew the ratings at the issuer's request. The outlook prior

ICICI Bank Ltd.#s Proposed U.S. Dollar Senior Unsecured Notes Rated Stcoks—07 Dec 17

SINGAPORE (S&P Global Ratings) Dec. 7, 2017--S&P Global Ratings today assigned its 'BBB-' long-term issue rating to a proposed issue of U.S. dollar-denominated senior unsecured notes by ICICI Bank Ltd. (foreign currency BBB-/Stable/A-3) via its