ADP Debt News

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June 2011

• AM Best axes Country-Wide Insurance to C+/"b-".
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - AM Best lowered on Monday to C+ (marginal) from B- (fair) the financial strength rating and to "b-" from "bb-" the issuer credit rating of US Country-Wide Insurance Co....
• Brazil moves up on Moody's rating scale.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Moody's raised Monday Brazil's government bond ratings by a notch to Baa2. According to the agency, Brazil's sovereign credit profile is more consistent with a...
• Capital Intelligence upgrades Philippines to BB/BB+.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Capital Intelligence lifted on Monday by one notch the Philippines' long-term foreign and local currency ratings to BB and BB+, respectively, while affirming its...
• CARE hikes ratings on bank facilities of SI Group India to A-/PR2.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday upgraded the ratings on the long and short-term bank facilities of Indian chemicals manufacturer and distributor SI Group India Ltd to...
• CARE rates bank facilities of Kargwal Enterprises at BB+/PR4+.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday said it had rated the long and short-term bank facilities of Indian marbles maker and supplier Kargwal Enterprises Pvt Ltd at BB+ and PR4+,...
• CARE rates long-term bank facilities of Aggarsain Fibres at BB+.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday assigned a BB+ rating to the long-term bank facilities of Indian textile company Aggarsain Fibres Ltd. The ratings mirror the short...
• CARE reaffirms BB rating on long-term bank facilities of Gracework Realty & Leisure.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday reiterated the BB rating assigned to the long-term bank facilities of Indian hotel operator Gracework Realty & Leisure Pvt Ltd. The...
• CARE revises rating on long-term bank facilities of Rajesh Business & Leisure Hotels.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday upgraded the rating on the long-term bank facilities of Indian hotel operator Rajesh Business & Leisure Hotels Private Ltd to BB+ from...
• CARE sets B+ rating to long-term bank facilities of Mahadev Ginning & Pressing.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday assigned a B+ rating to the long-term bank facilities of Indian cotton ginning company Mahadev Ginning & Pressing Pvt Ltd. The...
• CARE sets BB/PR4 ratings on bank facilities of Millenium Marbles.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday said it had rated the long and short-term bank facilities of Indian marbles wholesaler Millenium Marbles Pvt Ltd at BB and PR4,...
• CARE sets BB+/PR4 ratings to bank facilities of Pashupati Castings.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday said it had rated the long and short-term bank facilities of Indian ingots maker and supplier Pashupati Castings Limited at BB+ and PR4,...
• CARE sets BBB rating to long-term bank facilities of DB Power.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday assigned a BBB rating to the long-term bank facilities of Indian power plant construction company DB Power Ltd. The ratings mirror the...
• CARE upholds BBB rating on long-term bank facilities of Shell Inn Intl.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CARE yesterday reaffirmed the BBB rating on the long-term bank facilities of Indian hospitality services provider Shell Inn International Limited. The...
• CRISIL assigns P4+ ratings to bank facilities of Irbaz Shoe Co.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL yesterday rated a foreign bill discounting and a packing credit of Indian shoe maker Irbaz Shoe Company at P4+. The ratings reflect the firm's...
• CRISIL rates bank facilities of Centum Electronics at BBB+/"stable"/P2.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian modules manufacturer Centum Electronics Ltd at BBB+/"stable"/P2. The ratings mirror the healthy...
• CRISIL rates foreign bill discounting, packing credit of Meridian Apparels at P4+.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL yesterday rated a foreign bill discounting and an export packing credit of Indian clothing exporter Meridian Apparels Ltd at P4+. The ratings...
• CRISIL rates loan of Hotel Shevaroys at D.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL yesterday rated an INR 94 million (USD 2.1m/EUR 1.5m) long-term loan of Indian hotel operator Hotel Shevaroys Pvt Ltd at D. The rating reflects...
• CRISIL sets B/"stable" rating to cash credit of Jahnvi Sales.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL assigned on Monday a B/"stable" rating to an INR 50 million (USD 1.1m/EUR 778,000) cash credit of Indian fast-moving consumer goods distributor...
• Ellora Construction's bank facilities attached BB-/"stable"/P4+ ratings by CRISIL.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian civil engineering and construction company Ellora Construction Pvt Ltd at BB-/"stable"/P4+. The...
• Fitch dims outlook on Telefonica.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Fitch yesterday lowered the outlook of the long-term issuer default rating (IDR) of Spanish telecoms giant Telefonica (MCE:TEF) to "negative" from "stable", keeping the...
• Fitch reiterates Societe Generale ratings.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Fitch Ratings said yesterday it had affirmed all ratings on French bank Societe Generale (EPA:GLE). The agency retained its long-term issuer default rating (IDR) at...
• Fitch retains A-/AA(pol) ratings of Poland's Malopolska region.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Fitch upheld on Monday the long-term foreign and local currency ratings of A- and the national long-term rating of AA(pol) of Poland's region of Malopolska. The...
• ICRA suspends Raneka Industries' ratings.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - ICRA suspended yesterday its LBB/A4 ratings on the bank facilities of Indian metal casting company Raneka Industries Ltd. The agency was unable to make the rating...
• Moody's ends Hamilton Beach rating coverage.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Moody's said Monday it discontinued the ratings on US electric appliances maker Hamilton Beach. In particular, the agency terminated the B1 corporate family rating,...
• Moody's examines Italian govt-related issuers for downgrade.
  June 21, 2011

  (ADPNews) - Jun 21, 2011 - Moody's Investors Service placed on Monday on review for a possible downgrade the long-term ratings of government related issuers Enel SpA (BIT:ENEL), Eni SpA...
• Moody's gives Aa3 rating to Norinchukin Bank series 733 debenture.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Moody's has set a Aa3 rating to the JPY-69-billion (USD 860.3m/EUR 600.9m) series 733 senior unsecured debenture of Japan-based Norinchukin Bank. Simultaneously, the...
• Moody's rates three Urban Renaissance Agency bond series at Aa2.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Moody's has attached a Aa2 rating to Japan's Urban Renaissance Agency's (URA) series 50, 51 and 52 domestic bonds, which aggregate JPY 60 billion (USD 748.8m/EUR...
• PEFINDO hikes Japfa Comfeed rating to idA.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Indonesian credit rating agency PEFINDO lifted Monday its rating on local agro-food firm PT Japfa Comfeed Indonesia Tbk (JAK:JPFA), or JPFA, by a notch to idA citing...
• RAM Ratings sets A2/P1 ratings to Pac Lease's CP/MTN programme.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - RAM Ratings set on Monday long-term A2 and short-term P1 ratings to the proposed commercial papers/medium-term notes issuance programme (CP/MTN Programme) of up to MYR...
• S&P affirms Grupo Famsa's ratings.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday reiterated its B corporate credit rating with a "stable" outlook on Mexican speciality retailer Grupo Famsa (MXK:GFAMSAA). The agency also affirmed...
• S&P affirms Scotiabank Inverlat's ratings.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday confirmed its BBB/A-3 counterparty credit and certificate of deposit ratings on Scotiabank Inverlat SA, the Mexican arm of Toronto-based Bank of Nova...
• S&P assigns A-3 rating to NiSource's CP.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday gave its A-3 short-term rating to the USD 500 million (EUR 349m) commercial paper (CP) programme of US energy holding company NiSource (NYSE:NI). ...
• S&P dims Woodside Petroleum's outlook on project delay, higher costs.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P today lowered to "negative" from "stable" its rating outlook on Australian oil and gas firm Woodside Petroleum (ASX:WPL). The service also maintained the...
• S&P gives preliminary ratings on Dole Food's new loans.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday set preliminary BB- issue-level and 1 recovery rating to the planned USD 900 million (EUR 629m) senior secured loan facilities of US fresh fruits and...
• S&P lowers Intcomex's outlook.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday lowered to "negative" from "stable" its outlook and confirmed its B corporate credit rating on US IT products distributor Intcomex. The outlook...
• S&P puts Computer Sciences on "negative" watch.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday placed on "negative" watch its A- corporate credit and other long-term ratings on US IT and professional services provider Computer Sciences Corp...
• S&P rates Endo Pharmaceuticals senior credit facility at BBB-.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday gave its BBB- issue-level rating to the USD 2.7 billion (EUR 1.9bn) senior secured credit facility of US-based Endo Pharmaceuticals (NASDAQ:ENDP). ...
• S&P rates Mobilitie Investments at B/"stable".
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - S&P on Monday gave its B corporate credit rating with a "stable" outlook to US wireless tower operator Mobilitie Investments II LLC. The service also assigned a...
• Tiras gets lower grade from Credit Rating for UAH 134m bond.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Credit Rating downgraded on Tuesday to ua[ETH] [ETH] [ETH] from ua[ETH] the long-term rating of the UAH 133.9 million (USD 16.7m/EUR 11.7m) bond of Ukrainian property...
• Wal-Mart ratings unscathed by Massmart takeover - Moody's.
  June 21, 2011

  (ADPnews) - Jun 21, 2011 - Moody's said Monday that the finalisation of Wal-Mart's (NYSE:WMT) acquisition of a majority stake in South Africa's Massmart (JNB:MSM) had no impact on the US...
• Asuransi Jiwa Bersama Bumiputera 1912 gets idBBB rating from PEFINDO.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Indonesian credit rating agency PEFINDO gave Tuesday an idBBB rating to local life insurer Asuransi Jiwa Bersama Bumiputera 1912, reflecting its prominent position in...
• CARE ends rating on short-term bank facilities of Matrix Innovations.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CARE yesterday ended its PR1+(so) rating on the short-term bank facilities of Indian media Matrix Innovations Ltd. The company has merged with Reliance...
• CARE suspends ratings of Hem Steels.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CARE yesterday suspended the ratings assigned to the long and short-term bank facilities of Indian steel products manufacturer Hem Steels Ltd. The...
• CARE suspends ratings of Triumph Steel Udyog.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CARE yesterday suspended the ratings assigned to the long and short-term bank facilities of Indian steel products manufacturer Triumph Steel Udyog Pvt...
• Continental wins higher long-term rating from Fitch.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch said Wednesday it had lifted the issuer default rating (IDR) of German car parts supplier and tyre maker Continental AG (ETR:CON) to BB- from B+. The agency...
• CRISIL gives B/"stable" rating to loans of New Gujarat Cotton Industries.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated four loan facilities of Indian cotton bales maker New Gujarat Cotton Industries at B/"stable". The ratings mirror the firm's...
• CRISIL hikes ratings on loans of Holostik India.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday upgraded the rating on two loans of Indian holographic productN maker Holostik India Ltd to A/"stable" from A-/"stable". The agency...
• CRISIL keeps rating on credit of VKS Projects at BB/"stable".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday upheld the BB/"stable" rating on a cash credit of Indian construction company VKS Projects Pvt Ltd . The rating reflects the small...
• CRISIL keeps ratings on bank facilities of AK Properties at B+/"stable"/P4.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday reaffirmed the ratings on the bank facilities of Indian road construction company AK Properties Pvt Ltd at B+/"stable"/P4. The ratings...
• CRISIL rates bank facilities of Ideal Chemicals (India) at B/"stable"/P4.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian chemical company Ideal Chemicals (India) Pvt Ltd at B/"stable"/P4. The ratings were based on the...
• CRISIL rates cash credit limit, loan of AR Printing & Packaging (India) at D.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated a cash credit limit and a long-term loan of Indian gift boxes and notebooks maker AR Printing & Packaging (India) Pvt Ltd at D....
• CRISIL rates credits, letter of credit of Calcutta Export Co at P4+.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated two credits and a letter of credit of Indian iron castings maker and exporter Calcutta Export Company at P4+. The agency has...
• CRISIL rates loans of Goyal Yarn Agency at B/"stable".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated a cash credit and a mortgage loan facility of Indian-based Goyal Yarn Agency at B/"stable". The rating reflects the weak...
• CRISIL rates loans of Hindustan Textiles at BB/"stable".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated two loans of Indian textile company Hindustan Textiles at BB/"stable". The ratings mirror the firm's below-average financial...
• CRISIL sets B/"stable" rating to loans of Nagarjuna Education Society.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday rated a term loan and an overdraft facility of Indian education services provider Nagarjuna Education Society at B/"stable". The...
• CRISIL upholds B/"stable" rating on loan of PSR Silk Sarees India.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Rating agency CRISIL yesterday reaffirmed the B/"stable" rating on a long-term loan of Indian textile and clothing company PSR Silk Sarees India Pvt Ltd . The...
• DBRS attaches BBB to MTN shelf prospectus of Canadian Pacific Railway Co.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - DBRS on Tuesday rated the preliminary short-form base shelf prospectus, dated June 20, 2011, of Canadian railway operator Canadian Pacific Railway Company (TSE:CP) at...
• DBRS upholds ratings, trend on RBC Bank (USA) following announced sale.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - DBRS on Tuesday affirmed the ratings and the "stable" trend of RBC Bank (USA), the US subsidiary of Royal Bank of Canada (TSE:RY). The action was prompted by RBC's...
• Fitch assigns AA- to Fonterra Co-operative's CNY 300m notes.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch today said it had given a AA- long-term rating on the CNY 300 million (USD 46.4m/EUR 32.3m) fixed-rate notes of New Zealand-based dairy exporter Fonterra...
• Fitch changes watch on Graham Packaging's ratings to "negative".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch on Tuesday said it had revised the rating watch on the B issuer default and long-term debt ratings of US plastic packaging producer Graham Packaging Co (NYSE:GRM)...
• Fitch confirms F1 ratings on Bosch.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch Ratings yesterday retained the F1 short-term issuer default rating (IDR) on German industrial equipment and consumer goods giant Robert Bosch GmbH and its...
• Fitch confirms PT Berlina's BBB(idn) rating.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch today reiterated the BBB(idn) national long-term rating with a "stable" outlook on Indonesian plastic container maker PT Berlina Tbk (JAK:BRNA). The rating...
• Fitch keeps ratings on Oriental Bank & Trust's FDIC guaranteed debt.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch yesterday reiterated the AAA/F1+ ratings on the debt issued by Oriental Bank & Trust through the FDIC Temporary Liquidity Guarantee Program (TLGP). Under...
• Fitch upholds ratings on Banco Santander Rio.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch on Tuesday confirmed the AA+(arg) long-term and A1+(arg) short-term national ratings of Argentina-based lender Banco Santander Rio SA (BUE:BRIO). The agency...
• ICRA discontinues Artex Apparels' ratings.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA ended yesterday its LB+/A4 ratings on the fund-based and non-fund based bank lines of Indian clothing maker Artex Apparels. There is no amount outstanding...
• ICRA ends rating on bonds programme of Punjab and Sind Bank.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA ended yesterday its LAA/"stable" rating on an Upper Tier II Bonds programme of Indian financial company Punjab and Sind Bank. The bank has not raised funds...
• ICRA keeps rating on limits of Kohinoor Hospitals at LBB/"stable".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA reaffirmed yesterday the LBB/"stable" rating assigned to the fund-based and non-fund based limits of Indian healthcare services provider Kohinoor Hospitals Pvt...
• ICRA keesp ratings on GCL India's limits unchanged.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA retained yesterday the ratings on the fund- and non-fund based limits of Indian circular looms maker GCL India Pvt Ltd at LBB+/"stable" and A4+, respectively. ...
• ICRA rates fund-based cash credit limits of Gujarat Pickers Industries at LBB/"stable".
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA said on Tuesday it had assigned an LBB/"stable" rating to the fund-based cash credit limits of Indian pickers maker Gujarat Pickers Industries Ltd. The agency...
• ICRA rates long-term limits of Mahesh Agri Exim at LB+.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA said yesterday it had rated the long-term fund-based and the non-fund based limits of Indian agricultural products distributor Mahesh Agri Exim Pvt Ltd at LB+. ...
• ICRA sets LBB- long-term rating to fund-based limits of Polar Star.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA assigned yesterday a long-term rating of LBB- to the fund-based limits of Indian diamonds exporter Polar Star, while reaffirming the short-term rating at A4. ...
• ICRA upholds MA/"stable" rating on deposit programme of Jagsonpal Pharmaceuticals.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - ICRA affirmed yesterday the MA/"stable" rating assigned to a fixed deposit programme of Indian pharmaceutical company Jagsonpal Pharmaceuticals Ltd (BOM:507789). The...
• JCR assigns A- to Hyakujushi Bank's subordinated bonds.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - JCR on Tuesday gave its A- rating to the JPY 10 billion (USD 125m/EUR 87m) subordinated callable bonds of Japanese regional lender Hyakujushi Bank (TYO:8386). The...
• Moody's axes Banif ratings to Ba2/NP.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Moody's today downgraded the debt and deposit ratings of Portuguese bank Banif (ELI:BNF) to Ba2/NP from Baa3/P-3. The agency maintained the review for possible...
• Moody's lifts Petrobras foreign-currency rating.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Moody's has raised the foreign-currency bond rating of Brazil's federal oil and gas giant Petrobras (SAO:PETR3; NYSE:PBR) and its guaranteed subsidiaries to A3 from...
• Moody's sets Ba2 global-scale rating to PSA Finance Argentina bond issues.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Moody's attached Tuesday a Ba2 global local-currency senior debt rating to Argentine auto finance firm PSA Finance Argentina Compania Financiera SA's third and fourth...
• Polish Kredyt Bank gets A- long-term rating from Fitch.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - Fitch today gave its A- long-term issuer default rating (IDR) with a "stable" outlook to Polish lender Kredyt Bank (WAR:KRB). In addition, the agency assigned an F2...
• S&P cuts Nippon Steel's rating to BBB+.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - S&P today notched down to BBB+ from A- its long-term corporate credit and senior unsecured debt ratings on Japanese steelmaker Nippon Steel ( TYO:5401). The...
• S&P lifts outlook on Thai TMB Bank, affirms BB+/B ratings.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - S&P today hiked to "positive" from "stable" its rating outlook and affirmed its BB+/B counterparty credit and other ratings of Thai lender TMB Bank (BAK:TMB). ...
• S&P may upgrade RBC Bank (USA) on acquisition by PNC.
  June 22, 2011

  (ADPnews) - Jun 22, 2011 - S&P on Tuesday put on "positive" watch its ratings, including the BBB long-term counterparty credit rating, on RBC Bank (USA), the US retail banking arm of Royal...
• BerlinHyp's public sector Pfandbriefe retain Fitch's AAA rating.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch announced on Thursday it had retained the AAA rating on German mortgage lender Berlin-Hannoversche Hypothekenbank AG's (ETR:BHH) outstanding public sector...
• CARE gives contractor grading of CCt2- to Rohan Builders India.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CARE yesterday assigned a contractor grading of CCt2- to Indian construction company Rohan Builders India Pvt Ltd. The grading mirrors the long and...
• CARE rates short-term bank facilities of Sheel Gems at PR4+.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CARE yesterday assigned a PR4+ rating to the INR 150 million (USD 3.3m/EUR 2.3m) short-term bank facilities of Indian diamonds supplier Sheel Gems. The...
• CARE sets PR4+ rating on short-term bank facilities of Sheel Diamond Exports.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CARE said on Wednesday it had assigned a P4+ rating to the INR 600 million (USD 13.4m/EUR 9.4m) short-term bank facilities of Indian diamonds exporter...
• CARE upholds PR4 rating on short-term bank facilities of Shubh Exports.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CARE yesterday reaffirmed the P4 rating on the short-term bank facilities of Indian jewellery supplier Shubh Exports. The rating was based on the...
• CRISIL assigns BB/"stable"/P4+ to bank facilities of Hindustan Hardwares.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian steel products distributor Hindustan Hardwares at BB/"stable"/P4+. The ratings mirror the firm's...
• CRISIL assigns BB+/"stable" rating to cash credit of Halcyon Labs.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated a cash credit of Indian pharmaceutical company Halcyon Labs at BB+ with a "stable" outlook. The service also rated a letter of...
• CRISIL gives B+/"stable" to Advant I.T.Park loan.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL said on Wednesday it had assigned a B+/"stable" rating to an INR 780 million (USD 17.4m/EUR 12.2m) term loan of Indian information technology park...
• CRISIL gives BB/"stable" rating to loans of Field Motor.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday gave a BB/"stable" rating to two loans of a combined INR 96.5 million (USD 2.1m/EUR 1.5m) of Indian car dealer Field Motor Ltd. The...
• CRISIL gives C rating to loans of KKN Oil Mill.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL said on Wednesday it had set a C rating to two loans of a combined INR 124.6 million (USD 2.8m/EUR 1.95m) of Indian mustard oil maker KKN Oil Mill...
• CRISIL hikes rating on term loan of Britto Sea Foods Exports to B+/"stable".
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL today upgraded the rating on a term-loan of Indian seafood exporter Britto Sea Foods Exports Pvt Ltd to B+/"stable" from B/"stable". The agency...
• CRISIL rates bank facilities of Arrow Constructions at B/"stable"/P4.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian construction company Arrow Constructions Ltd at B/"stable"/P4. The ratings were based on the...
• CRISIL rates bank facilities of Shree Ambha Associates at BBB-/"stable"/P3.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL said on Wednesday it had rated the bank facilities of Indian waste management company Shree Ambha Associates at BBB-/"stable"/P3. The company...
• CRISIL rates bank facilities of Square Automation at B-/"stable"/P4.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian electrical consumer goods maker Square Automation Pvt Ltd at B-/"stable"/P4. The ratings were...
• CRISIL rates bank facilities of Technofab Engineering at A-/"stable"/P2+.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian engineering services provider Technofab Engineering Ltd at A-/"stable"/P2+. The ratings mirror the...
• CRISIL rates Saru International's short-term bank facilities at P4.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the short-term bank facilities of Indian clothes maker and exporter Saru International Private Ltd at P4. The rating was based...
• CRISIL retains BB+/"stable"/P4+ ratings on bank facilities of Swarup Castings.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday reaffirmed the BB+/"stable"/P4+ ratings on the bank facilities of Indian ingots maker Swarup Castings Pvt Ltd. The ratings mirror the...
• CRISIL sets BBB-/"stable" rating to bank facilities of Statcon Power Controls.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian power back-up systems assembling company Statcon Power Controls Ltd at BBB-/"stable". The agency...
• CRISIL sets P4+ rating to bank facilities of Excelsource Intl.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Rating agency CRISIL said on Wednesday it had assigned a P4+ rating to the bank facilities of Indian capital goods exporter Excelsource International Pvt Ltd. The...
• Fitch confirms A- IDR, "stable" outlook on Thomson Reuters.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch said Thursday it would keep the issuer default rating (IDR) of US business information provider Thomson Reuters Corp (TSE:TRI; NYSE:TRI) at A- with a "stable"...
• Fitch gives AAA(twn) to StanChart Taiwan's bond.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch said yesterday it had rated the planned TWD 2.75 billion (USD 95m/EUR 67m) senior unsecured bond of Standard Chartered Bank (Taiwan) Limited with a national...
• Fitch gives final A(idn) rating to Bank Riau Kepri's bond.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch today gave its final A(idn) rating to the five-year senior bond issue of up to IDR 500 billion (USD 58m/EUR 41m) of Indonesian lender PT Bank Pembangunan Daerah...
• Fitch pulls Giro Lion's rating.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch on Wednesday retained and simultaneously withdrew the F1sf rating on the short-term asset backed commercial paper (ABCP) of Giro Lion Funding Ltd. Giro Lion is...
• Fitch rates Russian Railways' LPNs at BBB.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch on Thursday set a final senior unsecured BBB rating to the 7.487% coupon GBP 300 million (USD 480m/EUR 336m) loan participation notes (LPNs), due March 25, 2031,...
• Fitch upholds AAA rating on Societe Generale SCF's OFs.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch said Wednesday it had retained the AAA rating on the EUR 10 billion (USD 14.3bn) obligations foncieres (OFs, or a covered bonds) of Societe Generale SCF, part of...
• Fitch upholds BBB+ rating on Retakaful Berhad.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch today reiterated the insurer financial strength rating of Malaysian reinsurer MNRB Retakaful Berhad (MRT) at BBB+ with a "stable" outlook. According to Fitch,...
• ICRA gives LBB+/"stable" rating to Notandas Gems' long-term fund-based facilities.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - ICRA assigned yesterday an LBB+/"stable" rating to the INR 90 million (USD 2.0m/EUR 1.4m) long-term fund-based facilities of Indian jewellery retailer Notandas Gems Pvt...
• ICRA rates bank facilities of Link Up Textiles at LBB+/"stable"/A4+.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - ICRA rated yesterday the bank facilities of Indian clothing producer and distributor Link Up Textiles Ltd at LBB+/"stable"/A4+. The ratings reflect the vast...
• ICRA rates cash credit, proposed term loans of Elitecore Technologies at LA/"stable".
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - ICRA said yesterday it had rated a fund-based cash credit and a proposed term loans of Indian billing software developer Elitecore Technologies Pvt Ltd at LA/"stable". ...
• ICRA sets LBB+/"stable" rating to credit of Zenica Cars India.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - ICRA said on Wednesday it had assigned an LBB+/"stable" rating to an INR 120 million (USD 2.7m/EUR 1.9m) cash credit of Indian car dealer Zenica Cars India Pvt Ltd. ...
• Lincoln National's planned note issue gets BBB+ from Fitch.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch on Wednesday gave its BBB+ rating to the proposed USD 300 million (EUR 210m) senior unsecured note issue of US insurance and retirement solutions provider Lincoln...
• Moody's discontinues Orascom Telecom B2 ratings.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Moody's pulled Wednesday the B2 corporate family and probability of default ratings on Egypt-based mobile phone operator Orascom Telecom Holding SAE (CAI:ORTE). The...
• Moody's mulls axing Telstra ratings.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Moody's put Wednesday Australian communications services firm Telstra Corp Ltd's (ASX:TLS) A2 long-term senior unsecured and issuer rating and P-1 short-term rating on...
• Moody's rates Mitsubishi series 12 syndicated loan at A1 on preliminary basis.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Moody's has attached a provisional rating of (P)A1 to Japanese trading firm Mitsubishi Corp's (TYO:8058) JPY-30-billion (USD 371.8m/EUR 262.4m) series 12 unsecured...
• Moody's sets provisional ratings to Banco BTG Pactual GMTN programme.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Moody's said Wednesday it set provisional long-term and short-term foreign-currency debt ratings of (P)Baa3 and (P)Prime-3, respectively, to Brazilian bank Banco BTG...
• Ratings on Tatneft remain unchanged - Fitch.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Fitch said today it had confirmed the long-term issuer default rating (IDR) of Russian oil and gas company OAO Tatneft (MCX:TATN) at BB as well as its short-term IDR at...
• S&P affirms KEB rating, ends "positive" watch.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - S&P today affirmed its BBB+ long-term counterparty credit and senior unsecured issue ratings on Korea Exchange Bank (SEO:004940), or KEB, and removed the ratings...
• S&P chops Valencia's rating by one notch to A.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - Standard & Poor's (S&P) downgraded yesterday the long-term issuer credit rating on the Spanish autonomous community of Valencia, to A from A+. S&P also...
• S&P raises Russian bank Aljba to B/B.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - S&P on Wednesday lifted to B/B from B-/C its long and short-term counterparty credit ratings on Russian lender Aljba Alliance and its core Cypriot unit SL Capital...
• S&P rates Mitsubishi's JPY 30bn syndicated loan at A+.
  June 23, 2011

  (ADPnews) - Jun 23, 2011 - S&P today gave its A+ rating to the series 12 JPY 30 billion (USD 373m/EUR 261m) unsecured syndicated loan due July 22, 2016 of Japanese trading firm Mitsubishi...
• Capital Intelligence axes Piraeus Bank's ratings.
  June 24, 2011

  24 June 2011 - Capital Intelligence on Thursday cut the financial strength rating of Greek lender Piraeus Bank (ATH:TPEIR) to "bb-" from "bb+". The downgrade mirrors expected erosion of the...
• CARE gives BBB- rating to long-term bank facilities of Ucal Fuel Systems.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CARE said on Thursday it had given a BBB- rating to the INR 25 billion (USD 556m/EUR 390m) long-term bank facilities of Indian car parts supplier Ucal...
• CARE rates long-term bank facilities of Arya Energy at BBB-.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CARE yesterday assigned a BBB- rating to the INR 375 million (USD 8.3m/EUR 5.8m) long-term bank facilities of Indian bio-mass plant developer Arya Energy...
• CARE reaffirms BBB- rating on long-term bank facilities of Kalyan Jewellers India.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CARE yesterday reaffirmed the BBB- rating on the long-term bank facilities of Indian jewellery retailer Kalyan Jewellers India Ltd. The rating reflects...
• CARE sets A/PR1 ratings to bank facilities of Om Metals Infraprojects.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian hydro-mechanical equipment manufacturer Om Metals Infraprojects Ltd (BOM:531092) at...
• CARE sets BB/PR4 ratings on bank facilities of Swastik Plastics.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CARE said on Thursday it had rated the long and short-term bank facilities of Indian plastic and chemical products distributor Swastik Plastics at BB and...
• CRISIL assigns BB-/"stable" rating to cash credit of Pioneer Dyeing.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL said on Thursday it had set a BB-/"stable" rating to an INR 120 million (USD2.7m/EUR 1.9m) cash credit of Indian cotton saree and cotton-dyed...
• CRISIL cuts ratings on bank facilities of Gagan Ferrotech to D/P5.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday downgraded the ratings on the bank facilities of Indian sponge iron manufacturer Gagan Ferrotech Ltd to D/P5 from B/"stable"/P4. The...
• CRISIL gives B+/"stable" rating to cash credit of Safe & Secure Logistics.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday assigned a B+/"stable" rating to an INR 140 million (USD 3.1m/EUR 2.2m) cash credit of Indian logistic services provider Safe &...
• CRISIL hikes rating on Vandana Global's bank facilities to C/P4.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL said on Thursday it had upgraded the ratings on the bank facilities of Indian sponge-iron maker Vandana Global Ltd to C/P4 from D/P5. The agency...
• CRISIL rates bank facilities of CES at B+/"negative"/P4.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian leather handbags and wallets maker Crescent Export Syndicate (CES) at B+/"negative"/P4. The...
• CRISIL rates bank facilities of Hi Tech Leather Garments Bangalore at B+/"stable"/P4.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian leather clothes exporter Hi Tech Leather Garments Bangalore Pvt Ltd at B+/"stable"/P4. The ratings...
• CRISIL rates bank facilities of Krishna Fuels at BB/"stable"/P4+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian metal scraps importer Krishna Fuels at BB/"stable"/P4+. The ratings reflect the small scale of...
• CRISIL rates bank facilities of Plasto Containers (India) at BB-/"stable"/P4+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian polyvinyl chloride pipes maker Plasto Containers (India) Pvt Ltd at BB-/"stable"/P4+. The ratings...
• CRISIL rates bank facilities of Vaibhav Plastimoulds at BB-/"stable"/P4+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian packaging materials and plastic tanks supplier Vaibhav Plastimoulds Pvt Ltd at BB-/"stable"/P4+. ...
• CRISIL rates cash credit of Oswal Udhyog at BB-/"stable".
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday an INR 20 million cash credit (USD 445,000/EUR 312,000) of Indian dyes and chemicals distributor Oswal Udhyog at BB-/"stable". The...
• CRISIL rates loan facility of Centum Industries at BBB-/"stable".
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated a proposed long-term bank loan facility of Indian electrical switches maker Centum Industries Pvt Ltd at BBB-/"stable". The...
• CRISIL rates loan of Naveen Cotton Mill at B-/"stable".
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday assigned a B-/"stable" rating to an INR 59.6 million (USD 1.3m/EUR 929,000) working capital demand loan of Indian cotton yarn...
• CRISIL revises ratings on bank facilities of ARSS Infrastructure Projects.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday downgraded the ratings on the bank facilities of Indian railway projects developer ARSS Infrastructure Projects Ltd (BOM:533163) to D/P5...
• CRISIL revises ratings on bank facilities of JM Mhatre Infra.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday downgraded the ratings on the bank facilities of Indian civil engineering company JM Mhatre Infra to C/P4 from BB+/"stable"/P4+. The...
• CRISIL sets B-/"stable" rating to loans of Index Suppliers.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday assigned a B-/"stable" rating to two loans of a combined INR 85 million (USD 1.9m/EUR 1.3m) of Indian steel products supplier Index...
• CRISIL sets BB-/"stable"/P4+ ratings to bank facilities of Ganga Jamuna Steel.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL said on Thursday it had rated the bank facilities of Indian stainless steel manufacturer Ganga Jamuna Steel Pvt Ltd at BB-/"stable"/P4+. The...
• CRISIL sets C/P4 ratings to bank facilities of KKN Rice Mills.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday assigned C/P4 ratings to the bank facilities of Indian rice milling company KKN Rice Mills Pvt Ltd. The company has not serviced its...
• CRISIL sets D/P5 ratings to bank facilities of Swarnaa Techno Constructions.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian civil engineering company Swarnaa Techno Constructions Pvt Ltd at D/P5. Due to its weak liquidity...
• Fitch hikes Ecopetrol's foreign currency issuer default rating to BBB-.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Fitch Ratings upgraded yesterday the foreign currency Issuer Default Rating (IDR) of Colombian state oil company Ecopetrol (CLB:ECOPETROL) to BBB- from BB+, with a...
• ICRA cuts rating of Rawmin Mining's fund-based limits to A4+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - ICRA downgraded on Thursday the rating on the fund-based limits of Indian mine operator and iron ore exporter Rawmin Mining and Industries Private Ltd to A4+ from A3. ...
• ICRA keeps ratings on bank facilities of Munjal Auto Industries at LAA-/"stable"/A1+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - ICRA reaffirmed yesterday the ratings on the bank facilities of Indian automotive parts maker Munjal Auto Industries Ltd (BOM:520059) at LAA-/"stable"/A1+. The...
• ICRA keeps ratings on limits of Raaja Magnetics at LBBB-/"stable"/A3.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - ICRA said yesterday it had reaffirmed the ratings on the fund-based and the non-fund based limits of Indian electrical stampings maker Raaja Magnetics Ltd at...
• ICRA rates limits of Sanco Industries at LBB+/"stable"/A4+.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - ICRA said yesterday it had rated the fund-based and the non-fund based limits of Indian polyvinyl chloride pipes and insulated cables maker Sanco Industries Ltd at...
• ISIL sets B+/"stable" rating to cash credit of SLO Automobiles.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating agency CRISIL yesterday assigned a B+/"stable" rating to an INR 30 million (USD 668,000/EUR 468,000) cash credit of Indian car dealer SLO Automobiles Pvt Ltd. ...
• Moody's examines 16 Italian lenders for rating cuts.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Moody's Investors Service said Thursday it placed the long-term and deposit ratings of 16 Italian banks under revision for possible downgrade, following the placement...
• Moody's pulls All Nippon Airways rating.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Moody's discontinued Friday the Ba2 long-term senior unsecured rating on Japanese air carrier All Nippon Airways Company Ltd (TYO:9202). The outlook on the rating...
• Moody's says outlook on Malaysia banking sector is "stable".
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Moody's said its outlook for the Malaysian banking sector is "stable", reflecting the favourable macroeconomic conditions in the country, among other factors. The...
• R&I gives prelim A to Bank of Tokyo-Mitsubishi UFJ upcoming debt issue.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating and Investment Information (R&I) has rated The Bank of Tokyo-Mitsubishi UFJ Ltd's forthcoming unsecured subordinated bonds series 34 at A on a preliminary...
• R&I withdraws rating on Orix shelf.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Rating and Investment Information (R&I) said Thursday it removed the A preliminary rating on Japanese financial company Orix Corp's (TYO:8591) JPY-700-billion (USD...
• Raiffeisenlandesbank Oberoesterreich gets A1 foreign-currency senior unsecured debt rating from Moody's.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - Moody's said Friday it set a first-time A1 foreign-currency senior unsecured debt rating, with a "stable" outlook, to Austrian lender Raiffeisenlandesbank...
• S&P assigns B/"stable" to American Rock Salt.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - S&P on Thursday gave its B corporate credit rating with a "stable" outlook to US road deicing salt supplier American Rock Salt. The service also assigned B+...
• S&P ends Orascom Telecom ratings.
  June 24, 2011

  (ADPnews) - Jan 24, 2011 - S&P on Thursday pulled its B long-term corporate credit ratings on Egyptian mobile phone operator Orascom Telecom Holdings SAE (LON:OTLD) and its related...
• S&P hikes Innophos rating to BB.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - S&P on Thursday upgraded by one step to BB its corporate credit rating with a "stable" outlook on US specialty phosphate producer Innophos. The service...
• S&P slashes Anglo Irish Bank to CCC on lower government backup.
  June 24, 2011

  (ADPnews) - Jun 24, 2011 - S&P on Thursday chopped by one notch to CCC its long-term counterparty credit rating with a "negative" outlook on Anglo Irish Bank. The service also kept...
• CARE ends rating on debt issue of GMR Holding (Malta).
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CARE on Friday said it had ended the BBB+(so) rating on a long-term debt issue of Indian-based power generation company GMR Holding (Malta) Ltd. There...
• CARE ends rating on NCD of Kesoram Industries.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CARE on Friday said it had ended the AA rating on a non-convertible debenture (NCD) issue of Indian tyre and cement manufacturer Kesoram Industries Ltd...
• CARE rates bond issue of Axis Bank at AAA.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CARE on Friday said it had assigned a AAA rating to a proposed issue of Subordinated Tier II Bonds of Indian financial company Axis Bank Ltd (BOM:532215)....
• CARE reaffirms BB+/PR4 ratings on bank facilities of Friends Salt Works & Allied Industries.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CARE on Friday reaffirmed the ratings assigned to the long and short-term bank facilities of Indian salt manufacturer Friends Salt Works & Allied...
• CARE sets B+/PR4 ratings to bank facilities of Nandi Irrigation Systems.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CARE on Friday said it had rated the long and short-term bank facilities of Indian PVC pipes supplier Nandi Irrigation Systems Ltd at B+ and PR4,...
• CRISIL gives B/"stable"/P4 ratings to bank facilities of Small Tiles.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian ceramic floor tiles maker Small Tiles at B/"stable"/P4. The ratings were constrained by the short...
• CRISIL rates bank facilities of Anurag Ferro at BBB-/"stable"/P3.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian steel products maker Anurag Ferro Products Pvt Ltd at BBB-/"stable"/P3. The ratings drew strength...
• CRISIL rates bank facilities of Ashok Engineering & Foundry Works at BB+/"stable"/P4+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian agricultural machinery maker Ashok Engineering & Foundry Works at BB+/"stable"/P4. The ratings...
• CRISIL rates bank facilities of Riddhi Siddhi Cotton Ginning and Pressing at B+/"stable"/P4.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian textile company Riddhi Siddhi Cotton Ginning and Pressing Pvt Ltd at B+/"stable"/P4. The ratings...
• CRISIL rates bank facilities of VTM at BBB/"stable"/P3+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL today rated the bank facilities of Indian textile company VTM Ltd at BBB/"stable"/P3+. The ratings mirror the firm's established market position...
• CRISIL rates Bhavi International's bank facilities at B+/"stable"/P4.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian chemicals and dyes supplier Bhavi International Ltd at B+/"stable"/P4. The ratings mirror the...
• CRISIL rates proposed loan of SLS Mercantile at B+/"stable".
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated a proposed long-term bank loan facility of Indian iron and steel products supplier SLS Mercantile Pvt Ltd at B+/"stable". The...
• CRISIL sets AA+(SO)/"stable" rating to bank facilities of Vizag General Cargo Berth.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL today assigned a AA+(so)/"stable" rating to the bank facilities of Indian metal mining company Vizag General Cargo Berth Pvt Ltd. The rating was...
• CRISIL sets BBB-/"stable"/P3 ratings to bank facilities of Kharagpur Metal Reforming.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday rated the bank facilities of Indian spare parts maker and supplier Kharagpur Metal Reforming Industries Pvt Ltd at BBB-/"stable"/P3. ...
• CRISIL upholds B-/"stable" ratings on bank facilities of Kanchan Ganga Seed Co.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday reaffirmed the ratings on the bank facilities of Indian hybrid seeds manufacturer Kanchan Ganga Seed Co Pvt Ltd at B-/"stable". The...
• CRISIL upholds BB+/"stable"/P4+ ratings on bank facilities of BEC Chemicals.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating agency CRISIL on Friday reaffirmed the ratings on the bank facilities of Indian drugs manufacturer BEC Chemicals Pvt Ltd at BB+/"stable"/P4+. The ratings were...
• Fitch keeps rating, outlook on Sinhaputhra Finance.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch today upheld the B(lka) national long-term rating with a "negative" outlook on Sri Lanka-based finance company Sinhaputhra Finance Plc, or SFL. The action was...
• Fitch keeps ratings on Philip Morris unchanged.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch on Friday reiterated the A long-term issuer default rating (IDR) and senior unsecured rating as well as the F1 short-term IDR of US cigarette and tobacco giant...
• Fitch leaves KA Finanz' subordinated debt on "negative" watch.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch on Friday upheld the "negative" watch on the A rating of Austrian public sector lender KA Finanz AG's subordinated debt. The agency said its action would not...
• Fitch lifts rating on Madras Fertilizers' loans to C(ind).
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch yesterday retained the national long-term rating of Indian fertiliser maker Madras Fertilizers Limited at D(ind) and raised the ratings on the company's loans to...
• Fitch puts Southern Union Co on "negative" watch.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch on Friday placed the ratings of US natural gas distributor Southern Union Company (NYSE:SUG) and Panhandle Eastern Pipe Line Company LP on "negative" watch. ...
• Fitch puts Williams Cos on "negative" watch.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch said Friday it had placed the issuer default rating (IDR) and debt ratings of US natural gas group The Williams Companies (NYSE:WMB) on "negative" watch. At...
• Fitch retains ratings on BankTaiwan Securities.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch on Monday said it would keep the national long-term rating of BankTaiwan Securities (BTS) at AA+(twn) with a "stable" outlook and the company's national...
• ICRA cuts long-term rating on fund-based limits of Lathiya Brothers & Co to LBB-.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had cut the long-term rating on the fund-based limits of Indian diamonds exporter Lathiya Brothers & Company to LBB- from LBB. The agency...
• ICRA cuts rating on term loans of Sterling Oil Resources to C.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had downgraded the rating on the INR 13.75 billion (USD 305m/EUR 216m) term loans of Indian oil exploration and production company Sterling Oil...
• ICRA keeps ratings on limits of Intercontinental Consultants & Technocrats at A1+/A+/"stable".
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had reaffirmed the ratings on the fund- and non-fund based limits of Indian consulting organisation Intercontinental Consultants &...
• ICRA rates cash credit of Bajrang Cotton Ginning & Pressing Factory at B+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had rated a cash credit facility of Indian raw cotton ginning company Bajrang Cotton Ginning & Pressing Factory at B+. The rating reflects...
• ICRA rates limits of RVR Smelters at LBB+/"stable"/A4+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had rated the fund- and non-fund based limits of Indian ferrous alloys maker RVR Smelters Pvt Ltd at LBB+/"stable"/A4+. The ratings mirror the...
• ICRA suspends LB+ rating on fund-based facilities of Sheth Developers.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - ICRA said on Friday it had suspended the LB+ rating on the fund-based facilities of Indian real estate developer Sheth Developers Pvt Ltd. The agency was unable to...
• ING retains ratings from S&P after sale of US online bank.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - S&P on Friday upheld its A+/A-1 and A/A-1 long- and short-term counterparty credit ratings with "stable" outlooks on Dutch lender ING Bank and its parent ING Groep,...
• Metinvest's ratings affirmed by Fitch.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Fitch on Friday reiterated the long-term foreign currency issuer default dating (IDR) of Ukrainian mining and steel group Metinvest BV at B and its long-term local...
• Moody's ends Baa2 rating on Tokyu for business reasons.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Moody's said Friday it discontinued Japanese conglomerate Tokyu Corp's (TYO:9005) Baa2 long-term senior unsecured rating for its own business reasons. The move was...
• Moody's improves stance on BH Securities.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Moody's raised Monday its outlook on Czech securities brokerage BH Securities as to "stable" from "negative" citing its sound profits and income diversification. The...
• Moody's lifts Banco Itau Uruguay local-currency deposit ratings on Brazil hike.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Moody's on Friday raised the local-currency deposit ratings on Uruguayan lender Banco Itau Uruguay SA, a unit of Brazil-based Itau Unibanco Holding SA (SAO:ITUB4),...
• Moody's removes Kawasaki Heavy Industries long-term senior unsecured debt rating.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Moody's said Friday it pulled Japanese heavy machinery producer Kawasaki Heavy Industries Ltd's (TYO:7012) Baa2 long-term senior unsecured debt rating. The outlook...
• R&I keeps Toppan Printing at AA-.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Rating and Investment Information (R&I) affirmed Friday its AA- ratings on Japan-based Toppan Printing Company Ltd (TYO:7911). The outlook on the issuer rating...
• S&P ends Hamilton Beach Brands ratings.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - S&P on Friday affirmed and then pulled out its ratings of US blenders, coffeemakers and other small electric household appliances maker Hamilton Beach Brands. ...
• S&P hikes First Republic Bank's outlook, affirms rating at BBB+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - S&P on Friday raised to "positive" from "stable" its outlook and affirmed the BBB+ long-term counterparty credit rating on US lender First Republic Bank (NYSE:FRC)....
• S&P removes ratings of Activant Solutions.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - S&P on Friday removed its B corporate credit and all other ratings on US enterprise resource planning (ERP) software provider Activant Solutions. Activant has...
• S&P upgrades Novo Nordisk's long-term rating to A+.
  June 27, 2011

  (ADPnews) - Jun 27, 2011 - Standard & Poor's (S&P) lifted on Friday its long-term credit rating on Danish pharma company Novo Nordisk A/S (CPH:NOVO B) to A+ from A, while confirming the...
• Bank CenterCredit gets Ba3.kz deposit rating from Moody's.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Moody's said it gave a Ba3.kz long-term national-scale deposit rating to Kazakhstan's Bank CenterCredit (KAS:CCBN), or BCC. The rating was not assigned a specific...
• CARE ends rating on long-term debt programme of Reliance Commercial Finance.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CARE yesterday withdrew its rating on a long-term debt programme of Indian financial services provider Reliance Commercial Finance Ltd. The company has...
• CRISIL keeps rating on loan of Ashoka Sambalpur Baragarh Tollway at BBB-/"stable".
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday reaffirmed the rating on a long-term loan of Indian road projects developer Ashoka Sambalpur Baragarh Tollway Pvt Ltd at BBB-/"stable". ...
• CRISIL keeps ratings on bank facilities of H Dipak & Co at P2+.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday upheld the P2+ rating on the bank facilities of Indian diamonds manufacturer H Dipak & Co . The rating reflects the firm's...
• CRISIL rates bank facilities of ABG Timber Products at B+/"stable"/P4.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian timber processing and distribution company ABG Timber Products Pvt Ltd at B+/"stable"/P4. The...
• CRISIL rates bank facilities of LB Flooring at B-/"stable"/P4.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian flooring products supplier LB Flooring Pvt Ltd at B-/"stable"/P4. The ratings were constrained by...
• CRISIL rates bank facilities of Vijay Iron Foundry at BB+/"stable".
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian road construction company C. S. Infraconstruction Ltd at BB+/"stable". The ratings mirror the...
• CRISIL rates cash credit of Aravind Ceramics at BB-/"stable".
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated a cash credit of Indian tiles supplier Aravind Ceramics at BB-/"stable". The rating reflects the firm's below-average financial...
• CRISIL rates loans of Aimil at BBB+/"stable.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated two loans of Indian testing equipment distributor Aimil Ltd at BBB+/"stable". The agency has also retained the BBB+/"stable"/P2...
• CRISIL rates loans of Cosmos Infra Engineering (India) at B/"stable".
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday rated two loans of Indian building constructions company Cosmos Infra Engineering (India) Ltd at B/"stable". The rating mirrors the...
• CRISIL suspends Durga Paper Mills' ratings.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday suspended its D rating assigned to two loans of Indian printing paper maker. The company has not provided to the agency information on...
• CRISIL suspends ratings of Jaldhara Fibers.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday suspended its B-/"stable" rating assigned to the bank facilities of Indian textile company Jaldhara Fibers Pvt Ltd. The company has...
• CRISIL upholds ratings on bank facilities of S Vinodkumar Diamonds at P3+.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Rating agency CRISIL yesterday upheld the P3+ rating on the bank facilities of Indian diamond processing company S Vinodkumar Diamonds Pvt Ltd. The rating reflects...
• Fitch assigns A- to senior notes of Amgen.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch yesterday gave an A- rating to US biotechnology company Amgen Inc's (NASDAQ:AMGN) planned issue of 5-year, 10-year and 30-year unsecured notes. The funds from...
• Fitch discontinues ratings on Anglo Irish's covered bonds.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch Ratings said Tuesday it had ended its rating coverage on the mortgage covered bonds of Anglo Irish Bank Corporation. The bonds were issued as part of the...
• Fitch keeps IBM's long-term IDR at A+.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch yesterday retained long-term issuer default rating (IDR) of US IT and software giant IBM (NYSE:IBM) and its subsidiary IBM International Group Capital LLC at A+. ...
• Fitch pulls ratings of Harmony Gold Mining.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch today said it had retained and simultaneously discontinued all the ratings of South African gold miner Harmony Gold Mining Company Ltd (JNB:HAR). The agency...
• Fitch upholds A- long-term IDR on Tesco.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch said today it had confirmed the long-term issuer default rating (IDR) and senior unsecured rating of British food retailer Tesco Plc (LON:TSCO) at A-. Fitch...
• ICRA ends Vipul's NCD rating.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had withdrawn its LB rating assigned to a non-convertible debenture (NCD) programme of Indian real estate developer Vipul Ltd (BOM:511726). ...
• ICRA keeps ratings on limits of Atlas Cycles (Haryana) at LBBB/"stable"/A3.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had reaffirmed the ratings on the fund-based and non-fund based limits of Indian bicycles maker Atlas Cycles (Haryana) Ltd (BOM:505029) at...
• ICRA keeps ratings on limits of LAP Ross Engineering at LA-/"stable"/A1.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had reaffirmed the ratings on the fund- and non-fund based limits of Indian aluminium casting company LAP Ross Engineering Ltd at...
• ICRA keeps ratings on limits of Siddhi Edibles at BB-/A4.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had reaffirmed the ratings on the fund-based and the non-fund based limits of Indian agricultural commodities supplier Siddhi Edibles Pvt Ltd at...
• ICRA rates limits of Bhavani Erectors at LBBB-/A3.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had rated the fund- and non-fund based limits of Indian power plants construction company Bhavani Erectors Pvt Ltd at LBBB-/A3. The ratings...
• ICRA rates long-term fund-based limits of B.H.Cotton at B+.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had rated the long-term fund-based limits of Indian textile company B.H.Cotton Pvt Ltd at B+. The rating reflects the weak financial profile...
• ICRA rates term loan, fund-based limits of Sheth Metal at LB.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said on Monday it had rated a term loan and the fund-based limits of Indian stainless steel ingots supplier Sheth Metal Pvt Ltd at LB. The rating reflects the...
• ICRA suspends Hari Infrastructure's ratings.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had suspended the ratings on the bank facilities of Indian infrastructure developer Hari Infrastructure Pvt Ltd. The agency was unable to make...
• ICRA suspends ratings of Sholingur Textiles.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had suspended its LC/A5 ratings on the fund- and non-fund based limits of Indian textile company Sholingur Textiles Ltd. The move was...
• ICRA upgrades rating on limits of Rathi Graphic Technologies to BB+/"stable"/A4+.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - ICRA said yesterday it had upgraded the ratings on the fund- and non-fund based limits of Indian toners and photocopiers maker Rathi Graphic Technologies Ltd to...
• KEXIM Japanese yen bonds earn Moody's A1 mark.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Moody's said it set an A1 rating, with a "stable" outlook, to Export-Import Bank of Korea's (KEXIM) Japanese yen-denominated senior bonds series 6, 7 and 8. The...
• Moody's axes NBC Acquisition to D on bankruptcy filing.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Moody's said it slashed US-based NBC Acquisition Corp's probability of default rating (PDR) to D from Caa3 following the Chapter 11 bankruptcy filing by the company and...
• Moody's terminates Ba3 ratings on RCS & RDS.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Moody's pulled Tuesday Romania-based cable operator RCS & RDS SA's Ba3 corporate family and probability of default ratings. The agency said it removed the...
• National Bank of Kuwait ratings affirmed by Fitch.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch yesterday reiterated National Bank of Kuwait's (KUW:NBK) long-term issuer default rating (IDR) at AA- with a "stable" outlook and its short-term IDR at F1+. ...
• PACRA retains Soneri Bank ratings.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - The Pakistan Credit Rating Agency (PACRA) reiterated Monday the AA- long-term and A1+ short-term entity ratings on local lender Soneri Bank Ltd (KAR:SNBL), or SBL,...
• S&P ends Indonesian Energi Mega Persada rating.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - S&P today pulled out its CCC+ corporate credit rating on Indonesian oil and gas producer PT Energi Mega Persada Tbk (JAK:ENRG). The rating withdrawal was...
• S&P hikes Dutch NIBC's outlook.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - S&P on Monday revised up its outlook on Dutch investment bank NIBC NV to "stable" from "negative". The upgrade reflects declining risks for write-offs and...
• S&P improves Bendigo and Adelaide Bank's outlook, affirms ratings at BBB+/A-2.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - S&P today hiked to "positive" from "stable" its rating outlook on Australian lender Bendigo and Adelaide Bank (ASX:BEN) and its wholly-owned unit Rural Bank. The...
• S&P upholds BBVA Paraguay's ratings.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - S&P on Monday confirmed its B+/B global scale counterparty credit ratings with a "positive" outlook on BBVA Paraguay, the local arm of Spanish bank BBVA (MCE:BBVA)....
• S&P withdraws EDF Energy Investments ratings.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - S&P today confirmed and subsequently removed at the issuer's request its ratings of UK utility EDF Energy Investments, indirectly owned by EDF Energy Plc. The...
• Stanley Black & Decker's ratings remain unchanged on acquisition announcement - Fitch.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch yesterday said it had reaffirmed its ratings and "stable" outlook on US hand and power tools maker Stanley Black & Decker (NYSE:SWK) after the company...
• Watch on IDR of WestLB revised to "positive" - Fitch.
  June 28, 2011

  (ADPnews) - Jun 28, 2011 - Fitch yesterday revised the watch on the A- long-term issuer default rating (IDR) and support rating floor of German lender WestLB AG to "positive" from "negative". ...
• CARE ends rating on long-term bank facilities of Vamona Developers.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday ended the BBB- rating assigned to the long-term bank facilities of Indian real estate developer Vamona Developers Private Ltd. The...
• CARE rates bank facilities of Prasad Multi Services at BB+/P4.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian infrastructure machinery leasing company Prasad Multi Services Pvt Ltd at BB+ and...
• CARE sets BB rating to long-term bank facilities of Aditaya Polysack.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday rated the long-term bank facilities of Indian woven sacks maker Aditaya Polysack Pvt Ltd at BB. The rating mirrors the short track...
• CARE sets BB/PR4 ratings to bank facilities of Dolbi's Granite Exports.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian granite blocks manufacturer and exporter Dolbi's Granite Exports Pvt Ltd at BB and...
• CARE sets BB+/PR4 ratings to bank facilities of Mega Vitrified.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday said it had rates the long and short-term bank facilities of Indian ceramic tiles manufacturer Mega Vitrified Pvt Ltd at BB+ and PR4,...
• CARE sets BB+/PR4+ ratings to bank facilities of Abhinav Steel.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian steel products manufacturer Abhinav Steel Pvt Ltd at BB+ and PR4+, respectively. ...
• CRISIL keeps ratings of Dyna-K Automotive Stampings at BB+/P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday reaffirmed the ratings assigned to the bank facilities of Indian stamped steel components maker Dyna-K Automotive Stampings Pvt Ltd at...
• CRISIL keeps ratings of Kurinji Spinning Mills at B/P4.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday affirmed the ratings on the bank facilities of Indian textile company Kurinji Spinning Mills at B/"stable"/P4. The ratings reflect the...
• CRISIL rates bank facilities of Alpine Distilleries at BB-/"stable"/P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian liquor maker Alpine Distilleries Pvt Ltd at BB-/"stable"/P4+. The ratings reflect the risks...
• CRISIL rates bank facilities of BLR Logistiks (I) at BBB+/"stable"/P2.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian logistic services provider BLR Logistiks (I) Ltd at BBB+/"stable"/P2. The ratings draw strength...
• CRISIL rates bank facilities of Pan Intl at P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian billets precision machine components maker Pan International at P4+. The ratings are constrained...
• CRISIL rates bank facilities of Shravan Engineering at BB-/"stable"/P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian air conditioning and refrigeration gases distributor Shravan Engineering Enterprises Pvt Ltd at...
• CRISIL rates bank facilities of Siena Engineering at BB+/"stable"/P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian railway cast steel components maker Siena Engineering Pvt Ltd at BB+/"stable"/P4+. The ratings...
• CRISIL rates bank facilities of Victrans Engineers at D/P5.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian transformers maker Victrans Engineers at D/P5. The low ratings were triggered by the delays of the...
• CRISIL rates bank lines of PRL Projects & Infrastructure at D/P5.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian civil engineering company PRL Projects & Infrastructure Ltd at D/P5. The ratings mirror the...
• CRISIL rates cash credit of Kafila Hospitality and Travels at B+/"stable".
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday assigned a B+/"stable" rating to an INR 139 million (USD 3.1m/EUR 2.2m) cash credit of Indian travel agency Kafila Hospitality and...
• CRISIL rates loans of Alliance Filaments at B-/"stable".
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated three loans of Indian yarn products maker Alliance Filaments Ltd at B-/"stable". The ratings were constrained by the firm's...
• CRISIL rates loans of Three-M-Paper at BBB-/"stable".
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated three loans of Indian paper manufacturer Three-M-Paper Manufacturing Company Pvt Ltd at BBB-/"stable". The ratings mirror the...
• CRISIL rates Sprint Exports' bank facilities at BB-/"stable"/P4+.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian cultured shrimps processing and exporting company Sprint Exports Pvt Ltd at BB-/"stable"/P4+. The...
• CRISIL rates term loan of Orbit Aviation at BB/"stable".
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday said it had assigned a BB/"stable" rating to an INR 280 million (USD 6.2m/EUR 4.3m) term loan of Indian chartered flights operator Orbit...
• CRISIL reaffirms BB-/"stable"/P4+ ratings on bank facilities of Modern Prefab.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday reaffirmed the ratings on the bank facilities of Indian building materials maker Modern Prefab Systems (P) Ltd at BB-/"stable"/P4+. ...
• CRISIL suspends Minera Steel and Power's ratings.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday suspended its BBB-/"negative"/P3 ratings assigned to the bank facilities of Indian metal products making and power generating firm Minera...
• CRISIL upholds BBB+/"stable" rating on loans of Bhima Jewels.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Rating agency CRISIL yesterday reaffirmed the BBB+/"stable" rating on two loans of Indian jewellery supplier Bhima Jewels. The ratings drew strength from the firm's...
• DBRS gives A (high) to Hydro-Quebec USD-1bn notes.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - DBRS said it rated Canadian hydropower utility Hydro-Quebec's USD-1-billion (EUR 696m) global notes series JO at A (high). The rating carries a "stable" trend. ...
• DBRS rates Total Capital Canada new debt at AA/"stable".
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - DBRS said Tuesday it gave a AA rating, with a "stable" trend, to the NOK-600-million (USD110.8m/EUR77.1m) notes of Total Capital Canada Ltd, which benefit from the...
• Fitch cuts Banesto rating to B/C.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Fitch today reduced the individual rating of Spanish commercial bank Banesto (MCE:BTO) to B/C from B. However, the credit rating agency confirmed its long-term...
• Fitch rates Yuanta Financial's TWD 10bn bond at AA-(twn).
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Fitch has set a national long-term rating of AA-(twn) to the proposed three- and five-year senior unsecured bonds of a combined TWD 10 billion (USD 346m/EUR 241m) of...
• Fitch sets AAA (twn) rating to Standard Chartered Bank Taiwan's TWD 5.4bn debt.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Fitch has assigned a national long-term rating of AAA(twn) to the proposed TWD 5.4 billion (USD 187m/EUR 130m) senior unsecured bonds of Standard Chartered Bank Taiwan...
• Fitch upholds AAA(nga)/F1+(nga) ratings of Stanbic IBTC Bank.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Fitch on Tuesday affirmed its AAA(nga) and F1+(nga) national long- and short-term ratings of Nigerian lender Stanbic IBTC Bank (NIG:IBTC). The ratings are fully...
• ICRA ends rating on purchaser payouts backed by loan receivables of SREI Equipment Finance.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - ICRA said yesterday it had ended the LAAA(SO) rating on purchaser payouts backed by loan receivables originated by Indian financial company Srei Equipment Finance Pvt...
• ICRA rates limits of Lapp India at A/A1.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - ICRA said yesterday it had rated the fund-based and the non-fund based limits of Indian cables manufacturer Lapp India at A/A1. The ratings reflect the firm's long...
• Kyiv moves up on S&P rating scale.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - S&P on Tuesday upgraded to B- from CCC+ the long-term issuer credit rating on Ukraine's capital Kyiv and simultaneously pulled out the rating from "developing...
• Moody's rates Mizuho Bank shelf at (P)A1/(P)A2.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Moody's said it set (P)A1/(P)A2 ratings to the JPY-500-billion (USD 6.2bn/EUR 4.3bn) domestic shelf registration programme of Mizuho Bank Ltd (MHBK), a unit of Japan's...
• PACRA removes IGI Funds AM3 ratings.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - The Pakistan Credit Rating Agency (PACRA) said Tuesday it pulled its AM3 asset manager ratings on local investment manager IGI Funds Ltd, part of IGI Investment Bank...
• R&I sets prelim ratings to Mizuho Bank shelf.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - R&I attached Tuesday "high creditworthiness" preliminary ratings to bonds as part of Mizuho Bank Ltd's JPY-500-billion (USD 6.2bn/EUR 4.3bn) shelf registration,...
• S&P puts Standard Steel on "positive" watch on parent's deal.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - S&P on Tuesday placed on "positive" watch its B corporate credit and other ratings on US railcar wheel and axle maker Standard Steel. The listing follows...
• S&P steadies view on First Bank of Nigeria.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - S&P on Tuesday revised to "stable" from "negative" its outlook on First Bank of Nigeria (NIG:FIRSTBANK). The service also maintained the B+/B counterparty credit...
• S&P Raises Sogaz to BBB-
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - S&P today lifted to BBB- from BB+ its long-term counterparty credit and financial strength ratings on Russian insurer Sogaz. The service also affirmed the...
• Sabadell slips down Fitch rating scale.
  June 29, 2011

  (ADPnews) - Jun 29, 2011 - Fitch today reduced the long-term issuer default rating (IDR) of Spanish bank Sabadell (MCE:SAB) to A- from A giving a "negative" outlook. The short-term IDR of the...
• CARE cuts ratings on bank facilities of ARSS Infrastructure Projects to D.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CARE said on Thursday it had downgraded the ratings assigned to the long and short-term bank facilities of Indian real estate developer ARSS...
• CARE ends rating on NCD of TAG Offshore.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CARE yesterday ended the rating on a non-convertible debentures (NCD) issue of Indian offshore support vessels operator Tag Offshore Ltd. The company...
• CARE gives BB+/A4+ ratings to bank facilities of Simandhar Construction.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian road construction company Simandhar Construction at BB+ and A4+, respectively. ...
• CARE rates long-term bank facilities of Moon Spinners at BB+.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CARE yesterday rated the long-term bank facilities of Indian cotton yarn manufacturer and supplier Moon Spinners Ltd at BB+. The rating mirrors the...
• CARE sets BBB-/A3 ratings on bank facilities of Seyadu Beedi Co.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CARE yesterday rated the long and short-term bank facilities of Indian cigarettes and cotton yarn distributor Seyadu Beedi Company at BBB- and A3,...
• CRISIL cuts rating on loans of HHV Solar Technologies to D.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CRISIL yesterday downgraded the rating on two loans of Indian solar modules maker HHV Solar Technologies Pvt Ltd to D from C. The company failed to...
• CRISIL keeps rating on cash credit of Kothari Waspap at B+/"stable".
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CRISIL yesterday reaffirmed the B+/"stable" rating on a cash credit of Indian waste paper and scrap supplier Kothari Waspap Pvt Ltd. The rating...
• CRISIL keeps ratings on bank facilities of Pushpak Marktrade (India) at B+/"stable"/P4.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CRISIL yesterday reaffirmed the ratings on the bank facilities of Indian consumer goods distributor Pushpak Marktrade (India) Pvt Ltd at B+/"stable"/P4. ...
• CRISIL rates bank facilities of Deepkiran Foods at BBB+/"stable"/P2.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating agency CRISIL yesterday rated the bank facilities of Indian cooked foods maker and exporter Deepkiran Foods Pvt Ltd at BBB+/"stable"/P2. The ratings mirror...
• Genworth Financial Mortgage Insurance gets A+ from S&P for AUD 140m notes.
  June 30, 2011

  (ADPnews) - Jun 29, 2011 - S&P today gave its A+ rating to the AUD 140 million (USD 150m/EUR 104m) unsecured, subordinated notes issued by Australian-based Genworth Financial Mortgage...
• ICRA rates bank lines of Pioneer Urban Land & Infrastructure at BBB.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - ICRA said yesterday it had rated the bank lines of Indian real estate developer Pioneer Urban Land & Infrastructure Ltd at BBB/"stable". The rating is based on...
• ICRA rates cash credit of Shakti Agencies at LBB+/"stable".
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - ICRA said yesterday it had assigned an LBB+/"stable" rating to a cash credit of Indian diamonds retailer Shakti Agencies Pvt Ltd. The rating draws strength from the...
• ICRA rates limits of Emerald Alchymicus at LBB/"stable"/A4.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - ICRA said yesterday it had rated the fund-based and the non-fund based limits of Indian chemicals supplier Emerald Alchymicus P Limited at LBB/"stable"/A4. The...
• ICRA sets LBB-/"stable"/A4 ratings on limits of Vilsons Particle Board Industries.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - ICRA said yesterday it had assigned its LBB-/"stable"/A4 ratings on the fund-based and non-fund based limits of Indian plain and laminated particle boards maker Vilsons...
• Kazakhstan's Tsesnabank gets higher rating from S&P.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - S&P on Wednesday lifted by one step to B its long-term counterparty credit rating with a "stable" outlook on Kazakh lender Tsesnabank (KAS:TSBN). The service...
• MARC sets AA-/MARC-1 ratings to Hong Leong Investment Bank.
  June 30, 2011

  (ADPnews) - June 30, 2011 - Malaysian rating agency MARC on Wednesday gave its AA-/MARC-1 financial institution ratings with a "stable" outlook on Hong Leong Investment Bank Berhad. The...
• Moody's discontinues Delta Bank rating coverage.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Moody's pulled Wednesday is ratings on Kazakh commercial lender Delta Bank (KAS:NFBN). The withdrawal was carried out for business reasons at the request of the...
• Moody's removes (P)P-1 rating on BankMuscat EMTN programme.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Moody's terminated Wednesday its (P)P-1 short-term rating on Omani lender BankMuscat SAOG's (MSM:BKMB) USD-800-million (EUR 552.5m) euro medium-term note (EMTN)...
• R&I keeps bonds of E-NEXCO, W-NEXCO on top level.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - Rating and Investment Information (R&I) said it retained the AAA ratings on East Nippon Expressway Company Ltd's (E-NEXCO) series 7 secured straight bonds and West...
• S&P affirms Medco's ratings, outlook remains "negative".
  June 30, 2011

  (ADPnews) - Jun 29, 2011 - S&P today confirmed its B long-term corporate credit rating with a "negative" outlook on Indonesian oil and gas exploration and production firm PT Medco Energi...
• S&P upholds AAA/"stable" rating on Oslo.
  June 30, 2011

  (ADPnews) - Jun 30, 2011 - S&P on Wednesday confirmed its AAA issuer credit rating with a "stable" outlook on the City of Oslo. The ratings reflect the very close systemic ties to the...