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Fitch Expects to Rate Discover Bank's Subordinated Debt 'BBB-'
NEW YORK -
Fitch Ratings expects to assign a rating of 'BBB-' to Discover Bank's
subordinated debt issuance. Proceeds from the issuance are expected to
be used for general corporate purposes.
Fitch expects to assign the following:
Discover Bank--Su
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Tribute Settles Further Debt
TORONTO, ONTARIO -- 11/04/09 --
Tribute Minerals Inc. (the "Company" or "Tribute") (TSX VENTURE: TBM) wishes to announce that, further to its press release issued October 9, 2009, it has settled $207,000 of debt owed to one (1) arm's length credito..
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Equifax Prices $275 Million Senior Notes Offering
ATLANTA, Nov. 4 -- Equifax Inc. (NYSE: EFX) announced today that it has priced a registered public debt offering of investment-grade senior unsecured notes. The offering consisted of $275 million aggregate principal amount of 4.450% notes due December 1, 2014. T...
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Fitch: Rating Watch Negative for CRE CDOs with 2005 U.S. CMBS Exposure
NEW YORK -
Fitch Ratings has placed on Rating Watch Negative 58 classes from 13
commercial real estate (CRE) collateralized debt obligations (CDOs)
containing a concentration of 2005 vintage commercial mortgage backed
securities (CMBS). The actions stem from Fitch placing classes from the
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Libra Securities Joins Houlihan Lokey
NEW YORK -
Houlihan Lokey, an international investment bank, announced today that
it has significantly enhanced its ability to provide debt financing
solutions for its clients with the addition of all of the Libra
Securities professionals. Founded and headed by Jess Ravich, Libra has
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AccelRate Completes Debt Settlement
VANCOUVER, BRITISH COLUMBIA -- 11/02/09 --
AccelRate Power Systems Inc. (TSX VENTURE: APR)(FRANKFURT: KCG) (the "Company") is pleased to announce it has completed the debt settlement announced on October 19, 2009 in the amount of $52,000, with 1,04..
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Fitch Affirms ITT's Ratings at 'A-/F2'
CHICAGO -
Fitch Ratings has affirmed ITT Corporation's (ITT) debt ratings as
follows:
-- Issuer Default Rating (IDR) at 'A-';-- Short-term IDR at 'F2';--
Senior unsecured bank facilities at 'A-';-- Senior unsecured debt
at 'A-';-- Commercial paper (
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MVC Capital Files 8-K and Issues Unaudited Year-End Net Asset Value
PURCHASE, N.Y. -
MVC Capital, Inc. (NYSE: MVC) (the Fund ), a publicly traded business
development company that makes private debt and equity investments,
today filed an 8-K and issued its unaudited net asset value for the year
ended October 31, 2009.
As part of its r
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Cerberus Capital Responds To Moody's November 2009 Global Report
NEW YORK, Nov. 6 /PRNewswire/ -- Cerberus Capital Management, L.P. ("Cerberus") issued the following statement in response to Moody's November 2009 Global Report:
Moody's report is written from the perspective of the issuers of senior debt in rated transactions. Th...
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Fitch Affirms Campbell's IDRs at 'A/F1'; Outlook Stable
CHICAGO -
Fitch Ratings has affirmed the credit ratings of Campbell Soup Company
(Campbell's) as follows:
--Long-term Issuer Default Rating (IDR) at 'A';
--Senior unsecured debt at 'A';
--Senior unsecured credit facility at 'A';
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Ditem Explorations: Shares for Debt Agreement
MONTREAL, QUEBEC -- 11/06/09 --
Ditem Explorations (TSX VENTURE: DIT) is pleased to announce that the company has entered into a debt settlement agreement for the issuance of an aggregate 990,020 common shares to Golden Valley Mines Ltd, in conside..
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Debit Cards Can Leave a Black Mark on Black Friday
CreditFYI.com offers dos and don'ts for using a debit card this holiday season/I/P
PNorwalk, CT (PRWEB) November 6, 2009 -- The most recent consumer credit report shows credit card debt declining for a record 12th straight month. At the same time, debit card transactions recently surpa...
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Fitch Rates Crown Castle's IDR 'BB-'; Outlook Positive
CHICAGO -
Fitch Ratings has assigned Issuer Default Ratings (IDRs) and long-term
debt ratings to Crown Castle International Corp. (CCIC) and its
subsidiaries as follows:
CCIC--IDR 'BB-';--Senior Unsecured Debt 'B+'.
Crown Castle Operating Comp
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