Unsecured debt, companies lift credit demand – Business Day South Africa
COMPANIES may be picking up some of the slack of consumers in creating economic activity, in light of credit demand figures released by the Reserve Bank on Monday. Growth in demand for credit by the private sector climbed quicker than predicted to 9,16% …
Fitch Rates Molson Coors Proposed $1.9B Sr Unsecured Notes, Bank Debt & Convertible Notes ‘BBB’ – Business Wire
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned the following ratings to Molson Coors Brewing Company’s (Molson Coors) and related entities; $1.9 billion senior unsecured notes offering, revolving credit facility, term loans and convertible notes …
TEXT-Fitch says Pfizer sale of nutritional business should be neutral to ratings – Reuters
Fitch’s current ratings for Pfizer are: –Long-term Issuer Default Rating (IDR) of ‘A+; –Senior unsecured debt rating of ‘A+’; –Bank loan rating of ‘A+’; –Short-term IDR of ‘F1′; –Commercial paper rating of ‘F1′. The ratings apply to …
STUART THEOBALD: Lay fears to rest – unsecured lending in SA is not spiralling … – Business Day
STUART THEOBALD: Lay fears to rest – unsecured lending in SA is not spiralling …Business DayVISIONS of consumers drowning in debt is one to make regulators, politicians and banks quake in their boots. That is why the recent furore over growth in unsecured lending has apparently inspired hand-wringing among regulators. Some media have reported …
Fitch Affirms Fifth Street Finance Corporation’s IDR at ‘BBB-’; Outlook Stable – Business Wire
The Rating Outlook is Stable. A complete list of ratings is detailed at the end of this release. Approximately $483.8 million of secured and unsecured debt is affected by these actions. The rating affirmation reflects FSC’s low leverage, strong operating …
Pinney House did land-office business
The 10-bedroom Sierra Madre home was built in the late 1800s as a hotel where visitors from the East could stay while making land purchases. The Pinney House was built in the late 1800s as a hotel where visitors from the East could stay while making land purchases. The structure’s three-story tower offered a view [...]
Fitch Affirms Brookfield Asset Management’s IDR at ‘BBB’; Outlook Stable – Business Wire
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed Brookfield Asset Management Inc.’s (BAM) Issuer Default Rating, senior unsecured debt rating, and unsecured line of credit rating at ‘BBB’. The Rating Outlook is Stable. The rating affirmation reflects …
Rite Aid closes on debt issue – Central Penn Business Journal
Rite Aid this week completed its offering of $481 million in unsecured debt, which it is using to pay down debt due in 2015. The East Pennsboro Township-based pharmacy chain announced on Feb. 14 it would issue the new bonds, which pay 9.25 …
Even High-Dollar Homes Can’t Avoid Foreclosure – The Business Insider
One would think that high-end, super-expensive homes – homes well outside the price range of most Americans – would be pretty safe from foreclosure. After all, if someone can afford to even begin to live in such a home, they can surely afford to keep …
Home Value Protection Insurance Expands Into Oklahoma – Business Wire
OKLAHOMA CITY–(BUSINESS WIRE)–Home Value Protection, the only insurance policy in the U.S. that protects homeowners from the devastating impact of declining home prices, becomes available to Oklahoma homeowners this week. With this policy, homeowners can …