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Last updated on April 19, 2014 at 17:21 EDT

Latest Credit rating Stories

2014-04-16 23:06:33

High rating based on the company’s strong balance sheet, leading market share and stable earnings. Newark, NJ (PRWEB) April 16, 2014 Horizon Blue Cross Blue Shield of New Jersey (BCBSNJ) announced today that Standard & Poor’s (S & P), a leading provider of investment and credit opinions to global capital markets, has reaffirmed its financial rating of “A” for the company following its most recent review. The rating is based on the company’s strong balance sheet, leading...

2014-04-15 16:28:40

SAN DIEGO, April 15, 2014 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) today announced that its investment grade corporate credit rating from Standard & Poor's Ratings Services ("S&P") has been upgraded from BBB- to BBB. BioMed Realty was the first real estate investment trust dedicated to the life science industry to receive investment grade corporate credit ratings from S&P and Moody's Investors Service ("Moody's") in April 2010. The company received positive...

2013-12-18 23:03:13

A.M. Best Company, the world's oldest and most authoritative insurance rating and information source, has upgraded AvMed's financial outlook rating. Miami (PRWEB) December 18, 2013 A.M. Best Co. has upgraded AvMed’s outlook rating to “stable,” which AvMed leaders call an affirmation of the company’s new strategic direction and solid financial performance. In the announcement, A.M. Best indicated “The revised outlook reflects AvMed’s restoration of profitability and its...

2013-12-12 08:24:17

BOGOTA, Colombia, Dec. 12, 2013 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; TSX: ECP) announces that Fitch Ratings, a credit rating agency, has upgraded its foreign and local currency ratings of Ecopetrol S.A. from BBB- and BBB to BBB and BBB+, respectively. Furthermore, both rating outlooks were revised to stable. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) This upgrade is consistent with Fitch Ratings' upgrade on December 10 of Colombia's...

2013-12-02 12:24:50

CINCINNATI, Dec. 2, 2013 /PRNewswire/ -- The E.W. Scripps Company (NYSE: SSP) has refinanced its debt with a new $275 million senior secured credit facility. The facility consists of a $200 million, seven-year term loan and a $75 million, five-year revolver. The company used net proceeds to refinance the previous senior secured credit facilities that were scheduled to mature in 2016. "Terms of the new debt align very well with our strategic plans," said Tim Wesolowski, chief...

2013-10-11 12:25:52

OAKVILLE, ON, Oct. 11, 2013 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN) today reported that Standard & Poor's Ratings Services has raised its long-term corporate credit rating on APUC and subsidiaries Algonquin Power Co. ("APCo") and Liberty Utilities Co. ("Liberty") to 'BBB' from 'BBB-'. As well, Standard & Poor's raised its global scale and Canada scale preferred stock ratings on APUC to 'BB+' and 'P-3 (High)' from 'BB' and 'P-3',...

2013-09-25 04:21:56

PARIS, September 25, 2013 /PRNewswire/ -- This focuses on solicited corporate ratings following the SpreadResearch ESMA (European Securities and Markets Authority) Credit Rating Agency Registration July 1st, 2013. This achievement clearly demonstrates SpreadResearch's know-how in fundamental credit research. At the same time, Spread Research is strengthening its investment recommendation capabilities in reinforcing its team in France and in the UK. SpreadResearch...

2013-08-22 08:21:18

MEXICO CITY, Aug. 22, 2013 /PRNewswire/ -- Standard & Poor's Ratings Services (S&P) announced that it has upgraded SANLUIS Rassini S.A. de C.V.'s long-term corporate credit rating from 'B' to 'B+' with a 'Stable' outlook. S&P commented the following: -- Mexico-based auto supplier SANLUIS Rassini's financial management has supported the gradual improvement of credit metrics, and the reduction of its debt. -- Its adequate liquidity and positive cash flow...

2013-08-19 08:32:40

All-in pricing reduced by 20 basis points for the Global Revolving Credit Facility and by 25 basis points for the Multi-Currency Term Loan SAN FRANCISCO, Aug. 19, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center solutions, today announced that it has completed the refinancing of its global revolving credit facility and term loan. The refinancing allowed the company to reduce pricing, extend loan maturities and increase its...

2013-08-15 12:22:59

MELBOURNE, Victoria, Aug. 15, 2013 /CNW/ - Newcrest Mining Limited (Newcrest) notes the announcement by Standard & Poor's that it has revised its credit rating of Newcrest from BBB to BBB- with a stable outlook. Newcrest confirms that there are no triggers in Newcrest's existing debt arrangements that result in any change to Newcrest's cost or availability of funds under those arrangements as a consequence of Standard & Poor's announcement. This information is...