Downgrade hits road-tunnel loans
MOODY’S has downgraded the credit rating for loans backing the Limerick road tunnel under the Shannon. The rating was cut from Baa3 to Ba2. View full post on All Stories
Rating cut could help justify painful fiscal reforms in Japan
TOKYO – Japan’s deteriorating public finances have prompted Standard & Poor’s to cut the country’s sovereign debt rating, but experts say the move has had little negative … View full post on All Stories
Vale Upgraded to Outperform
We upgrade our rating on Vale from Neutral to Outperform based on the rising iron-ore demand and expectations of higher iron-ore price in fiscal 2011. View full post on All Stories
S&P, Moody’s Warn On U.S. Credit Rating
Two leading credit rating agencies cautioned the U.S. on its credit rating, expressing concern over a deteriorating fiscal situation that they say needs correction. View full post on All Stories
Fitch strips Ireland of ‘A’ rating
Fitch became the first ratings agency to strip Ireland of its ‘A’ credit status, slashing it by three notches to BBB+ following the debt-stricken government’s request for an EU/IMF bailout. ||| Padraic Halpin Dublin – Fitch became the first ratings agency to strip Ireland of its ‘A’ credit status on Thursday, slashing it by three [...]
Fitch Affirms Port of Palm Beach Authority, FL’s Revs at ‘BBB-’; Outlook Negative
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed its ‘BBB-’ rating on the Port of Palm Beach Authority, FL’s (the authority) approximately $45.5 million outstanding revenue bonds. Fitch has removed the rating from Rating Watch Negative and assigned a Negative Rating Outlook. Rating Rationale: The affirmation reflects what appears to be a stabilization in the port’s main [...]
Credit Score Repair – How You Can Fix Your Credit Score
If you were denied of a mortgage or a charge card, it may have something connected to an important number that will determine if you’re credit score worthy. This number is called your credit score. This number is what lenders, for example banks and credit card companies will look at to be able to know [...]
Bad Credit Car Loans: Some Vital Facts For Getting Approved
If you think obtaining a car loan with poor credit scoring is not possible then read on to find the keys to getting sanctioned? You will need to hold three main points in mind and they are: your credit rating, the loan provider and the interest rate at which you borrow. After finishing this piece [...]
Fitch Takes Various Rating Actions on JP Morgan 2005-LDP2
NEW YORK–(BUSINESS WIRE)–Fitch Ratings has downgraded 16 classes of J.P. Morgan Chase Commercial Mortgage Securities Corp. 2005-LDP2 commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this release. As a result of the expected losses on loans currently in special servicing, Fitch expects classes L through NR to be [...]
Britain Gains Triple-A Rating As GDP Grows 0.8 Percent
AHN News Staff London, England, United Kingdom (AHN) – Ratings agency Standard & Poor’s gave Britain a Triple-A credit rating Tuesday following the release of government data showing a 0.8 percent increase in third quarter gross domestic product, much higher than analysts’ forecast of 0.4 percent. With Standard & Poor’s rating, Britain was removed from [...]
