BAC's subordinated debt is one-notch down from BAC's VR, its preferred stock is five notches from the VR, which encompasses two notches for non-performance and three notches for loss severity, and BAC's trust preferred stock is four notches from the VR, encompassing two notches for non-performance and two notches for loss severity.
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BAC's subordinated debt is one notch down from BAC's VR, its preferred stock is five notches from the VR, which encompasses two notches for non-performance and three notches for loss severity, and BAC's trust preferred stock is four notches from the VR, encompassing two notches for non-performance and two notches for loss severity.
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Hybrid securities are rated five notches below the VR, reflecting three notches for non-performance and two notches for loss severity.
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Goldman's subordinated debt is rated one-notch below Goldman's VR, its preferred stock is rated five notches below the VR (which encompasses two notches for non-performance and three notches for loss severity), and its trust preferred stock is rated four notches below the VR (encompassing two notches for non-performance and two notches for loss severity).
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They're notches for the sake of notches, not innovative functionality.
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This is based on an unchanged IDR uplift of two notches, an unchanged PCU of four notches, a recovery uplift of three notches.
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This is based on an IDR uplift of two notches, a newly assigned PCU of five notches and a recovery uplift of two notches.
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This is based on an IDR uplift of two notches, a newly assigned PCU of three notches and a recovery uplift of two notches.
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This is based on an IDR uplift of two notches, a newly assigned PCU of eight notches and a recovery uplift of two notches.
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This is based on an unchanged IDR uplift of two notches, an unchanged PCU of eight notches and a recovery uplift of three notches.
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This is based on an IDR uplift of two notches, a newly assigned PCU of four notches and a recovery uplift of two notches.
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This is based on an unchanged IDR uplift of two notches, an unchanged PCU of six notches and a recovery uplift of two notches.
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CIBC's preferred stock is five notches below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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BMO's preferred stock is five notches below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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NBC's preferred stock is five notches below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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Hybrid securities issued by KBC Bank are rated four notches lower than KBC Bank's VR (two notches for non-performance and two notches for relative loss severity).
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The permanent interest-bearing securities (PIBS) are rated four notches below Nationwide's VR, reflecting two notches for their deep subordination and two notches for incremental non-performance risk.
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TD's preferred and trust preferred stocks are five notches below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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Scotia Bank Capital Trust's preferred stock is five notches below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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NBG NBG I and NBG II covered bonds are rated 'B-', two notches above the bank's VR of 'ccc', based on an unchanged IDR uplift of two notches, an unchanged PCU of six and eight notches, respectively, and a recovery uplift of three notches.
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The OFH rating is based on an unchanged IDR uplift of two notches, an unchanged payment continuity uplift (PCU) of four notches and an unchanged recovery uplift of two notches.
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Legacy Tier 1 securities are rated four notches below the VR, comprising two notches for loss severity, and two further notches for non-performance risk due to partly discretionary coupon omission.
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Woori Bank's legacy hybrid securities are rated four notches below the bank's VR, in line with Fitch's criteria, to reflect their high loss severity (two notches) and non-performance risk (two notches).
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Shinhan's legacy hybrid securities are rated four notches below the bank's VR, in line with Fitch's criteria, to reflect the securities' high loss-severity (two notches) and non-performance risk (two notches).
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Other legacy Tier 11533 securities are rated four notches below the VR, comprising two notches for higher-than-average loss severity, and two further notches for non-performance risk, reflecting partly discretionary coupon omission.
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Legacy Tier 1 securities are rated four notches below the VR, comprising two notches for higher-than-average loss severity, and two further notches for non-performance risk due to partly discretionary coupon omission.
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The permanent interest- bearing shares (PIBS) are rated four notches below the VR: two notches for loss severity and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
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Other legacy Tier 1 securities are rated four notches below the VR, comprising two notches for higher-than-average loss severity, and two further notches for non-performance risk due to partly discretionary coupon omission.
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KEY RATING DRIVERS The securities are rated five notches below UOB's 'aa-' Viability Rating, comprising two notches for loss severity and three notches for non-performance risk, in accordance with Fitch's Global Bank Rating Criteria.
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Legacy Tier 1 securities are rated four notches below the VR, comprising two notches for higher-than-average loss severity, and two further notches for non-performance risk, reflecting that coupon omission is partly discretionary.
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Last month, Moody's Investors Service downgraded Bahrain's credit rating by two notches to B1, four notches below investment grade.
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S&P slashed its rating by four notches to CC, and Moody's dropped the city two notches to Caa3.
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Legacy Tier 1 securities are rated four notches below the VR, reflecting higher-than-average loss severity (two notches), as well as high risk of non-performance (an additional two notches) given partial discretionary coupon omission.
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The permanent interest-bearing shares (PIBS) are rated four notches below the VR: two notches for their deep subordination and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
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Additional Tier 1 securities are rated five notches below Swedbank's VR to reflect higher-than-average loss severity risk of these securities (two notches) as well as high risk of non-performance (an additional three notches).
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Legacy Tier 1 securities are rated four notches below the VR, reflecting higher-than-average loss severity (2 notches), as well as high risk of non-performance (an additional 2 notches) given partly discretionary coupon omission.
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Fitch has also revised the discontinuity-cap (D-Cap) to 3 notches (Moderate High Risk) from 2 notches (High Risk).
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The permanent interest- bearing shares (PIBS) are rated four notches below the VR, reflecting two notches for their deep subordination and two notches for incremental non-performance risk in the form of potential non-payment of coupon.
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The hybrids are rated four notches below Ageas SA/NV's IDR to reflect higher-than-average loss severity risk of these securities (two notches) as well as a higher risk of non-performance (an additional two notches).
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Subordinated debt issued by the operating companies is rated at the same level as subordinated debt issued by MS reflecting the potential for subordinated creditors in the operating companies to be exposed to loss ahead of senior creditors in MS. MS's subordinated debt is rated one notch below MS's VR, its preferred stock is rated five notches below (which encompasses two notches for non-performance and three notches for loss severity), and its trust preferred stock is rated four notches below (encompassing two notches for non-performance and two notches for loss severity).
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Other legacy Tier 1 securities of BB plc are rated four notches below the VR, comprising two notches for higher-than-average loss severity, and two further notches for non-performance risk due to partly discretionary coupon omission.
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Saudi Arabia was cut by two notches to A-minus, three notches below Moody's rating, while Bahrain was lowered to junk.
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KEY RATING DRIVERS The notes are rated five notches below ANZ's Viability Rating of aa-, with two notches for loss severity and three notches for incremental non-performance risk, in line with Fitch's approach to rating hybrid capital securities.
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Additional Tier 1 notes are rated five notches below the VR, two notches for loss severity relative to senior unsecured creditors and three notches for incremental non-performance risk, the latter notching reflecting the instruments' fully discretionary interest payment.
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KEY RATING DRIVERS The notes are rated five notches below Westpac's Viability Rating of 'aa-', with two notches for loss severity and three notches for incremental non-performance risk, in line with Fitch's approach to rating hybrid capital securities.
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The newly assigned PCU is six notches is an increase from the former D-Cap of four notches under the previous criteria.
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Additional Tier 1 securities are rated five notches below Nordea's VR to reflect the higher-than-average loss severity risk of these securities (two notches from the VR) as well as the high risk of non-performance (an additional three notches).
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KEY RATING DRIVERS The covered bonds' 'AAA' rating are based on ING's Long-Term Issuer Default Rating (IDR) of 'A+', an IDR uplift of two notches, a payment continuity uplift (PCU) of six notches and a recovery uplift of two notches.
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The notching reflects the notes' greater expected loss severity relative to senior unsecured creditors (two notches) and high non-performance risk (three notches).
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Legacy Tier 1 securities are generally rated four notches below the VR, made up of two notches for high loss severity relative to average recoveries, and two further notches for non-performance risk, reflecting the fact that coupon omission is not fully discretionary.
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Legacy Tier 103 securities are generally rated four notches below the VR, made up of two notches for high loss severity relative to average recoveries, and two further notches for non-performance risk, reflecting the fact that coupon omission is not fully discretionary.
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Legacy Tier 1 securities are generally rated four-notches below the VR, made up of two notches for high loss severity relative to average recoveries, and two further notches for non-performance risk, reflecting the fact that coupon omission is not fully discretionary.
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Legacy deeply subordinated Tier 1 securities are rated four notches below GBPCE's VR to reflect the higher-than-average loss severity risk of these securities (two notches from the VR) as well as a higher risk of non-performance (an additional two notches).
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CBK Mortgage Pfandbriefe Prior to its withdrawal CBK's mortgage covered bonds 'AAA' rating was based on the bank's Long-Term IDR of 'BBB+', an IDR uplift of two notches, a newly assigned PCU of four notches and a recovery uplift of two notches.
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Legacy Tier 2908 securities are generally rated four notches below the VR, made up of two notches for high loss severity relative to average recoveries, and two further notches for non-performance risk, reflecting the fact that coupon omission is not fully discretionary.
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Legacy Tier 203 securities are generally rated four notches below the VR, made up of two notches for high loss severity relative to average recoveries, and two further notches for non-performance risk, reflecting the fact that coupon omission is not fully discretionary.
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This is based on an IDR uplift of one notch, a newly assigned PCU of five notches and a recovery uplift of two notches.
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This is based on an IDR uplift of one-notch, the newly assigned PCU of six notches and a recovery uplift of two notches.
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This is based on an IDR uplift of one notch, a newly assigned PCU of two notches and a recovery uplift of two notches.
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This is based on an unchanged IDR uplift of two notches, an unchanged PCU of eight notches and a recovery uplift of one notch.
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This is based on an IDR uplift of two notches, a newly assigned PCU of four notches and a recovery uplift of one notch.
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This is based on an unchanged IDR uplift of two notches, an unchanged PCU of zero notches and a recovery uplift of one notch.
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The notes are rated three notches below Phoenix's IDR of 'A-', comprising two notches for expected recovery and one for moderate non-performance risk.
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The programmes have been assigned a corresponding PCU: - Australia and New Zealand Banking Group Limited (ANZ, AA-/Stable/F1+); PCU of three notches - Commonwealth Bank of Australia (CBA, AA-/Stable/F1+); PCU of six notches - Macquarie Bank Limited (MBL, A/Stable/F1); PCU of six notches - National Australia Bank Limited (NAB, AA-/Stable/F1+); PCU of six notches - Suncorp-Metway Limited (SML, A+/Stable/F13); PCU of six notches - Westpac Banking Corporation (WBC, AA-/Stable/F1+); PCU of six notches IDR UPLIFT An Issuer Default Rating (IDR) uplift of zero-notches has been assigned to the programmes of the above mentioned Australian issuers, as Australia does not have a specific advanced bank resolution regime and covered bonds are not explicitly exempt from bail-in.
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Hybrid Tier 11533 and additional Tier 1 securities are rated four and five notches, respectively, below SEB's VR to reflect higher loss severity risk of these securities (two notches) as well as high risk of non-performance (an additional two and three notches, respectively).
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Legacy deeply subordinated Tier 1 securities are rated four notches below CM11's VR to reflect the higher-than-average loss severity risk of these securities (two notches from the VR) as well as a higher risk of non-performance (an additional two notches).
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This is based on an unchanged IDR uplift of two notches, an updated PCU of four notches and a reduced recovery uplift of one notch.
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This is based on an unchanged IDR uplift of two notches, an updated PCU of six notches and a reduced recovery uplift of one notch.
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Fitch rates Danske's other Tier 2 instruments three notches below the VR to reflect loss severity (one notch) and incremental non-performance risk (two notches).
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This is based on a newly assigned IDR uplift of two-notch, the newly assigned PCU of five notches and a recovery uplift of one notches.
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This is based on a newly assigned IDR uplift of zero notches, a newly assigned PCU of six notches and a recovery uplift of one notch.
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This is based on a newly assigned IDR uplift of zero notches, a newly assigned PCU of three notches and a recovery uplift of one notch.
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The CRD IV-compliant undated deeply subordinated additional Tier 1 debt securities issued by KBC Group are rated five notches below KBC Group's VR. The notching reflects the notes' higher expected loss severity relative to senior unsecured creditors (two notches) and higher non-performance risk (three notches).
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Legacy Tier 1 securities, including those issued by Abbey National Capital Trust 1 and guaranteed by San UK, are rated four notches below San UK's VR to reflect higher loss severity risk (two notches) and higher risk of non-performance due to discretionary coupon payments (two notches).
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The AT13 securities are rated five notches below Nationwide's VR, of which two notches are for loss severity to reflect the conversion into core capital deferred shares on breach of the trigger, and three notches for incremental non-performance risk as coupon payment is fully discretionary.
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The AT1 securities are rated five notches below Nationwide's VR, of which two notches are for loss severity to reflect the conversion into Core Capital Deferred Shares on breach of the trigger, and three notches for incremental non-performance risk as coupon payment is fully discretionary.
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IntesaSP's AT1 notes are rated five notches below the bank's VR, comprising two notches for loss severity relative to senior unsecured creditors and three notches for incremental non-performance risk relative to the VR. The notching for non-performance risk reflects the instruments' fully discretionary interest payment.
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Preferred shares are rated five notches below the bank's VR to reflect the higher-than-average loss severity risk of these securities (two notches),and the high risk of non-performance (three notches) due to a profit test for legacy issues and fully discretionary coupon payments for recent issues.
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The non-innovative old-style Tier 1 securities and preferred stock are rated four notches below Rabobank's VR to reflect the higher loss severity risk of these securities compared with average recoveries (two notches from the VR) and the high risk of non-performance (an additional two notches).
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Alfa's AT1 perpetual notes are rated 'B', four notches lower than the bank's VR. The notching comprises two notches for higher loss severity relative to senior unsecured creditors and a further two notches for non-performance risk, as Alfa has an option to cancel at its discretion the coupon payments.
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Tier 2 contingent capital instruments and Additional Tier 1 securities are rated three and five notches, respectively, below Nykredit's VR to reflect the higher-than average loss severity risk of these securities (two notches) as well as the high risk of non-performance (an additional one notch and three notches, respectively).
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KEY RATING DRIVERS Fitch rates the Basel III AT1 notes four notches below IBK's Viability Rating (VR) of 'a-' by applying two notches for loss severity relative to the recovery prospects of senior unsecured debt and another two notches for the high incremental non-performance risk relative to the anchor rating.
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Upper Tier 2 instruments are rated three notches below the VR, including one notch for loss severity and two notches for incremental non-performance risk, reflecting cumulative coupon deferral.
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"The odds of this getting built just went down a couple of notches and the scrutiny that it's going to be subject to went up several notches," Stewart said.
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At this point, we haven't even seen phones with two notches, so the ban on tri- or quad-notch phones and left- and right-side notches is all theoretical.
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Indonesia, which has been hit by severe currency weakness this year, is rated four notches below Saudi Arabia by Moody's and Fitch and three notches below by S&P.
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Upper Tier 2 instruments are rated three notches below the VR, including one notch for loss severity and two notches for incremental non-performance risk reflecting cumulative coupon deferral.
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As such, we have increased the uplift from Tewoo's standalone 'BB' rating to three notches from two notches using a bottom-up approach under our Parent Subsidiary Rating Linkage Criteria.
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JSIB's Taiwanese Basel III Tier 2 (B3T2) capital is rated two notches below the issuer's anchor rating, comprising zero notching for non-performance risk and two notches for loss severity.
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Upper Tier 0003 instruments are rated three notches below the VR, including one notch for loss severity and two notches for incremental non-performance risk due to cumulative coupon deferral.
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SUBORDINATED DEBTS AND OTHER HYBRID SECURITIES Preferred securities issued by the subsidiaries of MUFG, MHFG and SMFG are rated four notches below the respective parents' VRs - two notches for loss severity and two notches for non-performance risk due to the constraint of coupon suspension - in line with Fitch's criteria on performing instruments.
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The ratings for these instruments are notched down four times from the bank's VR, two notches for loss severity relative to average recoveries and two notches for incremental non-performance risk.
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The subordinated notes have been rated three notches below NN's 'A' Issuer Default Rating (IDR), reflecting two notches for the level of subordination and one notch for 'moderate' non-performance risk.
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HT1 Funding GmbH's Tier 1 securities, which have a distributable profit trigger, are rated four notches below CBK's VR, comprising two notches each for loss severity and for non-performance risk.
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BB plc's upper Tier 2 instruments are rated three notches below the VR, comprising one notch for loss severity and two notches for incremental non-performance risk, reflecting cumulative coupon deferral.
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SGH's fixed rate reset perpetual additional Tier 1 capital securities and San UK's non-cumulative preferred shares are rated five notches below the respective banks' VRs to reflect the higher than average loss severity risk of these securities (two notches) and higher risk of non-performance as coupon payments are fully discretionary (three notches).
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Preferred shares are rated five notches below the bank's VR to reflect higher loss severity risk of these securities compared with average recoveries (two notches from the VR), as well as high risk of non-performance (an additional three notches) due to profit test for legacy issues and fully discretionary coupon payments for recent issues.
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BNPP's IDR would have to be downgraded by at least five notches before the Support Rating would be impacted and by at least four notches in the case of the National Rating.
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The notching comprises two notches for non-performance risk, based on standard and less-easily triggered profit and capital thresholds for coupon omission and deferral, and two notches for poor recovery prospects.
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Dresdner Funding Trust I's securities, which have a regulatory capital ratio trigger, are rated three notches below CBK's VR, comprising two notches for loss severity and one notch for non-performance risk.
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Preferred shares are rated five notches below the banks' VRs to reflect higher loss severity risk of these securities when compared with average recoveries (two notches from the VR) as well as high risk of non-performance (an additional three notches) due to profit test for legacy issues and fully discretionary coupon payments for recent issues.
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RATING SENSITIVITIES The 'AAA' rating of the OFH would be vulnerable to a downgrade if either of the following occurs: (i) Societe Generale's Issuer Default Rating (IDR) is downgraded by three notches to 'BBB' or below; or (ii) the total number of notches represented by the IDR uplift and the Discontinuity-Cap is reduced to two notches or lower.
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Legacy Tier 1 securities issued by Deutsche Bank Contingent Capital Trust II, III, IV and V and by Deutsche Postbank Funding Trust I, II and III are rated four notches below Deutsche Bank's VR, reflecting higher-than-average loss severity (two notches), as well as high risk of non-performance (an additional two notches) given partial discretionary coupon omission.
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The Pixel 3 has one of the worst notches, and making matters even worse for some Pixel 3 XL users is a bizarre bug that's reportedly putting even more notches on their displays.
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Banorte's global junior subordinated debt is rated four notches (-4) below the bank's VR. The ratings are driven by Fitch's approach to factoring non-performance risk (-2 notches) and degrees of subordination (-103).
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Subordinated Debt The bank's Tier 2 subordinated preferred capital notes are rated three notches (-3) below the bank's VR; one notch for loss severity (-1) and two notches for non-performance risk (-2).
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The preferred securities of Scotia Capital Trust are non-cumulative preferred securities which are notched five below the VR, made up of two notches for non-performance and three notches for loss severity.
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The two notches for the incremental non-performance risk are lower than the typical three notches Fitch would apply to a Korean commercial bank's AT1 notes with similar terms and conditions to IBK's.
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Moody's rates South Africa's sovereign debt two notches above Turkey's.
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IDR Uplift The IDR uplift remains unchanged at zero notches.
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If you really hate notches, this is a great design.
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They don't have notches and they have a headphone jack.
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Like Saudi Arabia, Bahrain saw its rating cut two notches.
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A "B" credit rating is five notches below investment grade.
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Her voice was at least two notches quieter than Belling's.
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But the Spotted Pig turned that formula up several notches.
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The notes are rated three notches below Swiss Re Ltd.
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KEY RATING DRIVERS The OF's 'AA' rating is based on an Issuer Default Rating (IDR) uplift of one notch, a payment continuity uplift (PCU) of two notches and a recovery uplift of two notches.
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SML Mortgage Covered Bonds The 'AAA' rating of SML's covered bonds is based on the bank's Long-Term IDR of 'A+', the assigned PCU of six notches and a recovery uplift of two-notches.
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The perpetual non-cumulative capital securities and the additional Tier 1 capital notes are rated five notches below Rabobank's VR. Two notches represent the potentially high loss severity associated with the deeply subordinated securities.
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The preferred stock ratings include two notches for loss severity given these securities' deep subordination in the capital structure, and three notches for non-performance given that the dividends are non-cumulative and fully discretionary.
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Italy is ranked BBB by Standard &Poor's, two notches above junk.
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Celgene is currently rated BBB+/Baa2, two notches above junk status.
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That's okay; loads of phones have launched with notches this year.
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It might be time to get used to notches on phones.
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How the city organization raised his pitch a couple of notches.
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It is rated "B+" by Standard & Poor's, four notches into junk.
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That you have to come down a couple of f—— notches?
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Read MoreIn latest battle, Uber notches win over New York City
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IDR Uplift The programme's IDR uplift remains unchanged at two notches.
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The subordinated debt will remain three notches below the bank's IDR.
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S&P also rates Glencore two notches above junk, at BBB.
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Italy could be downgraded, maybe even by three notches to junk.
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Moody's rated it Ba42022, two notches below investment-grade, in March.
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ACRA rates Gazprombank "AA(RU)", two notches below its highest grade.
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Japan's A rating is five notches below the top AAA rating.
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Moreover, the 21C notches a claimed top speed of 268 mph.
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That is one or two notches below most major European competitors.
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The company's BBB credit rating is just two notches above junk.
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KEY RATING DRIVERS The 'AAA' rating of the covered bonds is based on Aareal's Long-Term Issuer Default Rating (IDR) of 'BBB+', an IDR uplift of two notches, a payment continuity uplift (PCU) of five notches, two notches recovery uplift and the overcollateralisation (OC) Fitch relies upon of 16.5%, which provides more protection than the 'AAA' breakeven OC of 103%.
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KEY RATING DRIVERS The notes are rated five notches below IntesaSP's 'bbb+' Viability Rating (VR), comprising two notches for loss severity relative to senior unsecured creditors and three notches for incremental non-performance risk relative to IntesaSP's VR. The notching for non-performance risk reflects the instruments' fully discretionary interest payment, which Fitch considers the most easily activated form of loss absorption.
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UBS The mortgage covered bond rating is based on UBS's Long-Term IDR of 'AA-', an unchanged IDR uplift of two notches, an unchanged PCU of six notches and an unchanged recovery uplift of one notch.
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RATING SENSITIVITIES Increasing the default probabilities assigned to the underlying obligors by 25% could result in a downgrade of up to three notches for the H notes and up to two notches for the other classes.
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The relevant rating committee can decide a maximum uplift over the IDR of three notches, unless the ceiling concerns a member of a currency union or supranational monetary arrangement - when the maximum uplift is six notches.
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This reflects two notches for loss severity in light of the notes' deep subordination and three notches for additional non-performance risk relative to the VR given a high write-down trigger and fully discretionary coupons.
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We did not rate the Gjensidige bond but our likely rating approach for RT1s would be to notch down from the Insurer Financial Strength (IFS) rating by five notches (four notches from the Issuer Default Rating/IDR).
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The notching reflects two notches for loss severity in light of the notes' deep subordination and three notches for additional non-performance risk relative to the VR given a high write-down trigger and fully discretionary coupons.
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Here's how you can tighten up your social networking by several notches.
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But what do you think: Holes versus notches, which one is better?
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In contrast to Moody's, Fitch rates OHL three notches higher at BB-.
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Because the simple truth is that these notches don't need to exist.
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Consequently, ABB's Long-Term IDR is four notches below that of Allianz.
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We couldn't talk Android phone notches without also addressing Android phone chins.
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It could have been the phone to save us all from notches.
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The OFH are rated 'AAA', four notches above the programme's reference IDR.
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With Ireland's rating up to six notches lower, that went against Dublin.
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Everyone's making phones with notches, and the G7 ThinQ is no different.
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If "Views" notches a 13th week, it will tie the "Frozen" soundtrack.
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This helped the company climb two notches to the top developer spot.
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The intensity ratchets up several notches, especially between teams loaded with Olympians.
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Its shiny gold disk features 60 notches that radiate from its center.
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The rating upgrade puts the Balkan country two notches below investment grade.
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For additional guidance, the panels have notches where some items slide into.
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The question is whether he can go several notches better on Wednesday.
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The iPhone X ushered in a new wave of smartphones with notches.
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N) and two notches higher than for Bank of America Corp (BAC.
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The preferred securities of TD Capital Trust III and IV are non-cumulative preferred securities which are notched five below the VR, made up of two notches down for non-performance and three notches down for loss severity.
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The rating of the performing hybrid securities issued by BayernLB Capital Trust I is notched down four times from the VR, two notches for loss severity relative to average recoveries and two notches for incremental non-performance risk.
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The notching comprises (i) two notches for higher loss severity relative to senior unsecured creditors and (ii) a further two notches for non-performance risk, as Alfa has an option to cancel at its discretion the coupon payments.
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Fitch has assigned a PCU of six notches to OCBC's covered bonds programme.
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You won't find notches or even tall screens here — just large, intact rectangles.
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The agency has assigned UBS's covered bond programme a PCU of six notches.
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ByteDance's notoriety went up a few notches this week after it acquired Musical.
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Every time we got a real Steinway things went up a couple notches.
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They went up several notches in their first home game of the series.
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We're talking more than just a few Tinder-found notches on her bedpost.
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It genuinely seemed like my social standing had been lowered a few notches.
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Fitch has assigned an IDR uplift of two notches to these OBG programmes.
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Serbia moved up nine notches in the World Bank's 2016 Doing Business Survey.
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If IBM notches another quarter of declining revenue, it may test it further.
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The 23-13 Mavs are 7-4 when Doncic notches a triple-double.
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Some liberals need to dial down the self-righteousness meter a few notches.
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At $12 per share, Casper notches a valuation of less than $500 million.
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The bank upgraded the firm by two notches to "outperform" from "under-perform".
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Nigeria is rated one to two notches higher at B/B1/B plus.
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The standalone IFS rating of KBC Verzekeringen is two notches higher at 'A+'.
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Instead, I'm kicking up the techie a few notches and making it sexy.
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School is going to help me take things up a couple of notches.
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The phone is slated for release in January, but there are no details as of yet if (or when) we'll see these dual notches in the U.S. For now, it's just the latest entry in the evolution of smartphone notches. [Verge]
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The ability to defer interest is the differentiation between the old-style Tier 0003 instruments and the new CRD IV-compliant Tier 2 notes Tier 1 instruments and Additional Tier securities are rated four and five notches below Danske's VR, respectively, to reflect the higher than average loss severity risk of these securities (two notches) as well as high risk of non-performance (an additional two and three notches, respectively).
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Added support for notches should also make it easier to hide those cutout too.
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However, if you're concerned about notches taking over the industry, fear not I say.
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India fell four notches this year to emerge in eighth place with 82 billionaires.
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You can spot these phones from a mile away just because of their notches.
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Fitch, a credit-rating agency, cut the bank's rating to two notches above junk.
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The rating is five notches below ABN AMRO Bank's Viability Rating (VR) of 'a'.
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I don't own a smoker, but it notches the art up with little effort.
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But that's nowhere near as controversial as the other inescapable and divisive trend: notches.
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But this Oppo solution means you don't need notches, holes or mechanical stowaway cameras.
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The subordinated debt will remain two notches below the bank's National long-term rating.
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As such, no notches are deducted from the VR for incremental non-performance risk.
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"I don't want to go four notches down just to get laid," she said.
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Driving harder than most might, my yield was a couple of notches below that.
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Moody's rating on Japan is A1, which is four notches below its top rating.
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Rating agency S&P attributes a 'BBB' rating to Uniper, two notches above junk.
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Simpson fits the planes together through simple utilitarian means – notches, slits, and canvas straps.
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Ratings could be affected if its parent were to be downgraded by several notches.
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Italy is rated two notches above the dividing line between investment grade and junk.
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S&P's long-term rating for Catalonia is B+, four notches below investment grade.
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We took the extra up a few more notches with our Instagram brow trends.
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S&P rates Brazil's foreign currency debt at BB-, three notches below investment grade.
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But some aspects of Beautiful Boy also nudged my eyebrow up a few notches.
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This rating is based on an IDR uplift of two notches, a payment continuity uplift (PCU) of four notches, a recovery uplift of two notches and the programme's 8.5% over-collateralisation (OC), which is the OC used for the purpose of the asset coverage test (ACT), which provides more protection than Fitch's 6.5% 'AAA' breakeven OC. The Stable Outlook on the OFH reflects the significant buffer against a downgrade of SG's IDR due to the different uplift factors above the reference IDR and the available OC. IDR Uplift The programme's IDR uplift remains unchanged at two notches.
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Its analysis found the Class A notes displayed sensitivity to increased defaults, showing downgrades of one notch under Fitch's mild (10% increase) scenario, three notches under Fitch's moderate (25% increase) scenario and four notches ('A+sf') under Fitch's severe default (50% increase) scenario.
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The new G7 Play ($199), G73 Power ($249), and G7 ($299) raise the bar for budget phones with premium features such as edge-to-edge displays with notches (you like notches, right?) you expect to find on phones at least twice as expensive.
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HSBC Mexico is rated two-notches below HSBC's IDR, because Fitch's Global Bank Rating Criteria usually limit potential uplift from a relatively strong foreign owner to no more than two notches above the sovereign's rating (Mexico IDRs are currently 'BBB+'/Stable Outlook).
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SUBORDINATED DEBT AND OTHER HYBRID SECURITIES Nationwide's subordinated debt and hybrid securities are notched down from the society's VR, reflecting their incremental non-performance risk relative to the VR (up to three notches) and assumptions around loss severity (up to two notches).
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KEY RATING DRIVERS The 'AAA' rating of the covered bonds is based on CIBC's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of five notches and a recovery uplift of one notch.
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Also, there's a lot more to worry about with notches than simply who's copying who.
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Who'd have thought that mid-range smartphones would kill bezels and notches before Micro USB?
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Moody's currently has South Africa's sovereign at two notches above non-investment grade at Baa2.
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More than anything, notches and rounded corners open the gates for even wilder phone displays.
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Bump up the difficulty a few notches and the pressure starts to pile on quickly.
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This comprises of zero notching for non-performance risk and two notches for loss severity.
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But the new edition, well, it just ratchets the goodness up a couple of notches.
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Not when the trend is towards phones that are entirely screen, without bezels and notches.
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Recovery Uplift Swiss covered bond programmes are generally eligible for two notches of recovery uplift.
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"If you take anxiety down a few notches, you tend to have excitement," Engler says.
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It is reportedly a take on the French croque monsieur but ratcheted up several notches.
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IDR Uplift Greek covered bonds are eligible for a maximum IDR uplift of two notches.
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ALPHA Alpha's covered bonds are rated 'B-', two notches above the bank's VR of 'ccc'.
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Sanders notches the highest overall favorability among registered voters, with 273% viewing him positively vs.
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But the team's new work, Self Reflected, takes its neuronal tracings up a few notches.
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Unlike the iPhone X, copycat Android phones with notches all seem to have a chin.
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The third main ratings agency, Moody's, rates South Africa at Baa2, two notches above junk.
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The second, Pakhar, was two notches down, at which most businesses are required to close.
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In March Moody's cut Pemex's credit rating by two notches to its lowest investment grade.
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Croatia is currently rated two notches below investment grade by the three main rating agencies.
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The notching includes one notch for loss severity and zero notches for non-performance risk.
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"You see the notches, the indents where the birds could go, but aren't?" he says.
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Italy is currently rated BBB by S&P and Fitch, two notches above junk territory.
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The unexpected bonus is the food, which is a few notches above standard pub grub.
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As the sun set, fireflies floated around the garden, dialing up the enchantment several notches.
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The remaining programme's liquidity provisions are more in line with a PCU of three notches.
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It also downgraded Steelton Highspire School District's enhanced rating six notches to Ba2 from Baa1.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) UBS's Issuer Default Rating (IDR) is downgraded by three or more notches to 'BBB' or below; or (ii) the sum of notches represented by the IDR uplift and the Discontinuity Cap is reduced by three or more notches; or (iii) the asset percentage (AP) that Fitch considers in its analysis increases above the 'AAA' breakeven level of 87%.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) CS's Issuer Default Rating (IDR) is downgraded by three or more notches to 'BBB' or below; or (ii) the sum of notches represented by the IDR uplift and the Discontinuity Cap is reduced by three or more notches; or (iii) the asset percentage (AP) that Fitch considers in its analysis increases above the 'AAA' breakeven level of 86.0%.
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KEY RATING DRIVERS The rating is based on WBC's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches and the asset percentage (AP) of 0003% used in the programme's asset coverage test.
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Two of them (the U and the V) feature notches, one (the O, which we saw on the Galaxy S10) has a hole-punch cutout, and the final screen was a so-called "New Infinity" display, which featured no notches or cutouts at all.
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KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches and the asset percentage (AP) of 0003% used in the programme's asset coverage test.
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KEY RATING DRIVERS - SUBORDINATED DEBT AND OTHER HYBRID SECURITIES Nationwide's subordinated debt and hybrid securities are notched down from the society's VR, reflecting their incremental non-performance risk relative to the VR (up to three notches) and assumptions around loss severity (one or two notches).
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KEY RATING DRIVERS The rating is based on WNZL's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift of six notches, a recovery uplift (RU) of one-notch and an asset percentage (AP) of 90.0%.
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KEY RATING DRIVERS The rating is based on WBC's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches and the asset percentage (AP) of 91.0% used in the programme's asset coverage test.
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S&P and Moody's rated the bond B- and B3, respectively, six notches below investment grade.
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On October 2nd Standard & Poor's, a ratings agency, downgraded GE's debt by two notches, to BBB+.
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Currently, S&P has a 'BBB' rating on both Uniper and Fortum, two notches above junk.
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Right now, major devices in the US are dull, with notches and iPhone X-ish designs.
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Thursday's turbulence took the already manic absurdity of the last few weeks up a few notches.
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It rates Italy BBB, two notches above junk, but has a negative outlook on the country.
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Still, the firing positions were there, horizontal notches carved into the boarded-up windows and doors.
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Imagine the increase in accuracy if they had—it would have been taken up several notches.
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The country's best rating, a BB- from S&P, is still three notches below investment grade.
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Standard and Poor's and Fitch Ratings each peg Paraguay at "BB," two notches below investment grade.
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Fitch rates BCI's National scale subordinated debt two notches below its National long-term issuer rating.
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Libertarian Gary Johnson notches 5% and Green Party nominee Jill Stein takes 3% in the survey.
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On Wednesday, it fell multiple notches deeper into junk territory as it faces a potential bankruptcy.
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Moody's currently rates South Africa's debt at two notches above subinvestment, but with a negative outlook.
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This is based on an IDR uplift of two notches and a two-notch recovery uplift.
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Argentina's peso has a similar REER reading while the lira notches up an almost 30% undervaluation.
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Pennsylvania notches the best all-around improvement, rising in 238 of our 211 categories of competitiveness.
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ET News also says 2019's iPhones might come with screens without any notches at all.
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In one, an archer notches an arrow lit by torches from prisoners behind a brick wall.
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The top notches of the chart are mostly a reshuffling of albums from the week before.
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KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Default Rating (IDR) of 'AA-', an Issuer Default Rating (IDR) uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift of one-notch and an asset percentage (AP) of 91.5%.
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KEY RATING DRIVERS The rating is based on ASB's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift of three notches and the asset percentage (AP) of 70.3% being the highest nominal AP for last 12 months.
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It's an unusual design choice that catches my eye (in a bad way) more than centered notches.
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A few weeks ago, a bug gave some Pixel 3 XL users an extra helping of notches.
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When it comes to Pixel 3 bugs, we've seen everything from extra notches to disappearing text messages.
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And the survey is surprisingly good news for George W. Bush, who shot up a few notches.
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Moody's is reviewing its rating, which at Baa29.285 is two notches above "junk", for a possible downgrade.
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Both phones look a lot like new iPhones, with tall screens, dual cameras, and notches on top.
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You'd suspect that latter figure has gone up a few notches in the months that have passed.
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Still, it was only a few notches above your worst facial-extraction experience on the pain scale.
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You may hate notches, and I may be preaching to the choir here by complaining about Google's.
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But resisting it is futile because all phones will soon have notches so get used to it.
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If BNG were to default the class A notes would be downgraded by more than nine notches.
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Moody's, whose Baa2 rating is two notches above "junk", put South Africa on review for a downgrade.
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Previous systems have used things like the notches on a metal rod to set a distance standard.
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Moody's -- whose Baa2 rating is two notches above "junk" -- is reviewing South Africa for a possible downgrade.
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In most African markets, domestic sovereign bonds are rated several notches lower than Moroccan sovereign bonds (BBB-).
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They include the eucalyptus leaf beetle which chews irregular notches along the edges of the trees' leaves.
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So the idea of taking it down even further a few notches is just ironic and hilarious.
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Notches are horrible and any time you see one, it means a designer cried themselves to sleep.
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It also affirmed its rating of Fosun's long-term credit at "BB", two notches below investment grade.
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Therefore Fitch affirms Picard's senior secured debt rating at 'BB-'/'RR2' or two notches above Picard's IDR.
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Yet he didn't count them up like notches on a gun, because he cared about justice more.
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Secondly, turn it up a couple notches and let Stalking Gia's softly exhaled tones cast their spell.
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KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Default Rating (IDR) of 'AA-', an Issuer Default Rating (IDR) uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift (RU) of one-notch and an asset percentage (AP) of 91.5%.
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KEY RATING DRIVERS The expected rating is based on BOQ's Long-Term Issuer Default Rating (IDR) of 'A-', a payment continuity uplift (PCU) of eight notches, a recovery uplift of two notches and the current contractual maximum asset percentage (AP) of 0003%, which Fitch relies upon in its analysis.
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Upper Tier 2 debt is rated three notches below the bank's VR to reflect above-average loss severity of this type of debt (one notch) and high risk of non-performance (two notches) given the option to defer coupons if the issuer reports losses in the last audited accounts.
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Hybrid instruments issued by DZ Bank Capital Funding Trust I are rated four notches below GFG's VR, two notches each for loss severity and for incremental non-performance risk as in our view this instrument's distribution trigger is less likely to be activated than in other rated hybrids.
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Caixabank's upper Tier 2 debt securities and Popular's preference shares are rated three notches below the banks' respective VRs to reflect the higher loss severity risk of these securities (two notches) compared with average recoveries as well as moderate risk of non-performance relative to its VR (one notch).
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SUBORDINATED AND SENIOR DEBT The bank's global junior subordinated debt is rated four notches below the anchor rating, its VR, while the foreign subordinated debt is rated three notches below its VR. The ratings are driven by Fitch's approach of factoring in the loss severity in view of the respective degrees of subordination (-1 for the plain subordinated notes and -2 for the junior subordinated notes), plus the effect of non-performance risk (-2 notches for both types of securities).
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The rating is based on an IDR uplift of two notches, which constitutes a higher covered bond rating floor at 'AA', a Payment Continuity Uplift (PCU) of six notches, a recovery uplift of two notches and the programme's revised 103% asset percentage (AP) used for the purpose of the asset cover test (ACT), providing more protection than Fitch's revised 93.0% 'AAA' breakeven AP. The Stable Outlook on the OFH reflects the significant buffer against a downgrade of CA SA's IDR.
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Until Google releases Android P for real, there isn't any actual OS-level support for phones with notches.
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If gadget makers start putting non-functional notches on phones as a pure style move, we've all lost.
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S&P's local currency rating is just one level above junk as well, with Moody's two notches above.
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I had to adjust the bar up a few notches before they were positioned right between my knees.
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The BBB rating, which is two notches above junk, affects nearly $26 billion of Illinois general obligation bonds.
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It would normally push Basel III notes two notches down due to the more severe loss-absorption features.
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No notches in sight, and there's scarcely any bezel, just a sliver at the bottom of the phone.
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This is based on an IDR uplift of one-notch and the newly assigned PCU of three notches.
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Lots of phones with notches or narrow bezels are advertised as "all-display," but that's just marketing bunk.
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True, it has Snapdragon's 625 octa-core chipset, which is a couple of notches behind the 8xx series.
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SFL is rated two notches below its parent, retailing company Singer (Sri Lanka) PLC (Singer; A-(lka)/Stable).
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Instead of tapping, you can control music playback by squeezing the notches on the end of each earbud.
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Beyoncé is always glowing, but in the September issue of Vogue, she took it up about 100 notches.
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Well, the new phones have notches, too, but those can be disguised if you really hate the look.
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Splashing a little (or a lot) of your favorite hot sauce can kick breakfast up a few notches.
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Moody's Investors Service earlier this year upgraded its rating one notch to "Ba3," three notches into junk territory.
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Samsung's new Infinity-O punch-hole selfie cameras are a sleeker, less distracting version of last year's notches.
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Keep in mind that, as more Android phones with notches arrive on the market, this effect will wane.
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ABI was downgraded three notches in 2016 as weaker market conditions and the SABMiller acquisition pushed leverage higher.
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Moody's upgraded Glencore's rating by one notch to Baa2 on Friday, putting it two notches above junk status.
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EM ratings fell 1-1.5 notches on average between 2013 and 2017 when the greenback surged 30 percent.
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The two notches reflect the instruments' higher loss severity relative to senior unsecured instruments given their subordinated status.
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But experts want us to know: It's time to take down our skin test anxiety a few notches.
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But is there an argument that he could keep Clinton several notches below 60 percent in New York?
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If GCX's IDR is downgraded to 'CCC', the bond rating will be downgraded by two notches to 'B-'.
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There's an unpleasant odor in the office that's only a few notches down from the stench of death.
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Moody's has also put South Africa's rating, currently two notches above junk status, on review for a downgrade.
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Fitch Ratings continues to have a negative outlook on Illinois' BBB rating, which is two notches above junk.
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Nights when I went to bed still swimming in thoughts from unresolved conflicts, my mouthguard earned deeper notches.
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It is rated two notches above Lotte Shopping Co. Ltd (BBB-/Stable) due to its stronger financial profile.
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CTBC Bank's perpetual non-cumulative subordinated bonds are rated four notches down from its National Long-Term Rating.
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If he notches a significant win in California, the rest of the map might not seem so daunting.
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In the span of a few hours Tuesday, the threat of a nuclear war ratcheted up several notches.
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It expects to rate the new PIK notes at Ba1, several notches higher than S&P's B+ rating.
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Patrick, his starfish best friend, ratchets that excitement up several notches and adds an extra dose of cluelessness.
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Upper Tier 2 debt is rated three notches below the bank's VR to reflect the above-average loss severity of this type of debt (one notch) and high risk of non-performance (two notches) given the option to defer coupons if the issuer reports losses in the last audited accounts.
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Getting mad about notches is like being angry about side-view mirrors on cars, or hinges on a door.
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A downgrade of several notches in Mexico's sovereign rating and country ceiling could also stress KCM's foreign currency ratings.
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The spaces we occupy grow around us with notches on a door frame and creaking floorboards stacked with memories.
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The second-lien term loan recovers 0%, which corresponds to a 'CCC+'/'RR13' rating, two notches below the IDR.
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So until someone figures out something better, notches are going to be a standard feature from here on out.
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Fitch applies only a one-notch discount for corporate governance, compared with two notches for most Russian private companies.
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Credit Suisse raised its rating of Norsk Hydro by two notches to "outperform" from "underperform" immediately after the results.
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Altice was given a B+ long-term credit rating by S&P, which is four notches below investment grade.
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The bones, which featured impact notches and cone marks, appear to have been broken while they were still fresh.
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I think it's supposed to be that he's a really lonely person, and she's maybe a few notches lonelier.
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Ooredoo's ratings are two notches lower than the Qatar's, in accordance with Fitch's Parent and Subsidiary Rating Linkage methodology.
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But it was going up against phones that offered screens with notches, the clear symbol of a 2018 device.
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Meanwhile, Moody's has South Africa's sovereign rating at BAA2 (a moderate credit risk), two notches above sub-investment grade.
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RATING SENSITIVITIES A downgrade of Italy by two or more notches could lead to a downgrade of ITAS's rating.
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Moody's, which grades South Africa two notches above junk status with a negative watch, is currently reviewing its rating.
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On average, the bonds have traded three or four notches above their credit rating for the past two years.
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BMCI's Support Rating would also be downgraded if Morocco's Country Ceiling is revised downwards by at least two notches.
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If NBA speed is a notch higher than that of college basketball, NBA physicality is about five notches greater.
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The class B notes' rating was also sensitive to increased defaults, declining by two notches under the severe scenario.
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That was one or two notches below most European competitors, with Switzerland's UBS rated A+ with a stable outlook.
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This results in the senior secured notes and loan being rated 'BB'/'RR2' (EXP), two notches above the IDR.
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Last week, Fitch Ratings upgraded CPS from B-plus to BB-minus, which is three notches below investment grade.
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Essential first introduced us to our current notch-riddled reality, but maybe all these notches could have been avoided.
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Adverse changes to the preferential payment mechanism protecting financial lenders could lead to a downgrade, possibly by multiple notches.
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Its bond is rated B+ by ratings agency Fitch, two notches above its B- rating on Ukraine's sovereign debt.
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Among the system tools available here are multi-camera support, enhanced notifications, display cutout (notches for days) and ImageDecoder.
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It has its flaws, and the ending knocked my excitement about the game down a few notches, but STILL.
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That's six notches below investment grade, or non-junk status, on the agency's scale, which goes up to AAA.
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Abans Finance is rated three notches below its parent because of its limited contribution to the group's core businesses.
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Mongolia, rated B or five notches into junk, this week sold 5-year bonds with a 10.875 percent coupon.
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Standard & Poor's rates the kingdom A-, two notches below Fitch, while Moody's has it at A1, level with Fitch.
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S&P placed Takeda's A– rating on review for downgrade up to two notches, depending on the financing scheme.
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KEY RATING DRIVERS The rating is based on ANZ's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, an unchanged payment continuity uplift (PCU) of three notches and the asset percentage (AP) of 90.5% used in the programme's asset coverage test, which Fitch relies upon in its analysis.
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The two notches for incremental non-performance risk are lower than the three notches that Fitch would apply to typical Basel III AT1 notes because Fitch believes the management's discretionary coupon omission can be constrained by the sovereign state of South Korea's (AA-/Stable), the policy bank's controlling shareholder and ultimate support provider.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to a downgrade should any of the following occur: National Australia Bank's IDR is downgraded by four notches; the Discontinuity Cap falls by four notches; or the AP that Fitch takes into account in its analysis rises above the 'AAA' breakeven AP of 91.5%.
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KEY RATING DRIVERS The rating is based on SML's Long-Term Issuer Default Rating (IDR) of 'A+', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches and the asset percentage (AP) of 89.29% used in the programme's asset coverage test, which Fitch relies upon in its analysis.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to a downgrade should any of the following occur: CBA's IDR is downgraded by four notches; the D-Cap falls by more than three notches; or the AP that Fitch takes into account in our analysis rises above the 'AAA' breakeven AP of 89.5%.
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Texas comes in fifth for Technology and Innovation and notches top 483 finishes in Business Friendliness and Access to Capital.
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Any geek outfitted with this month's Loot Crate swag is sure to kick their Charisma stats up a few notches.
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Pitt notches upset of No. 43 Florida State There's no sugar-coating it: Pittsburgh's 2016-17 season has been rough.
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The agency anticipates that BPI could be rated up to two notches below CaixaBank, taking into account sovereign rating constraints.
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IBANK's Long-Term IDR is two notches below the sovereign, while its National Long-Term Rating is at 'AA(tha)'.
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The notion that the notches in one's bed post that are a source of callous pride for so many people.
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Admiral Group was among the biggest gainers on the FTSE 100 after Barclays upgraded the insurer's rating by two notches.
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If you thought the 22016 election was a shit show, the Libertarian party just bumped it up a few notches.
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UBS The mortgage covered bonds of UBS are rated 'AAA', four notches above the bank's Long-Term IDR of 'A+'.
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Fitch would not typically rate a group member more than one to three notches above the assessment of the group.
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As for the Aquos R3 Compact, Sharp had better not fall foul of Google's restrictions on devices with three notches.
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The OnePlus 6 had one of the smaller phone notches and that's expected to shrink with Oppo's "waterdrop" notch design.
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I don't have to tinker with notches to adjust the size of the headband; it just stretched to accommodate me.
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It cut by one notch to A, which is five notches below the top AAA rating, with a stable outlook.
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But, this newest version takes the classic up a couple notches by adding ingredient from another favorite dish, pepperoni pizza.
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It's a huge phone with zero notches, and specs that kick the ass of any flagship you can think of.
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The notching includes zero notches for incremental non-performance risk relative to the VR and one notch for loss severity.
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They are rated three notches below BNPP's VR, comprising one notch for loss severity and two for non-performance risk.
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The Moody's agency moved Anglo American's rating up a notch in September, although it remains two notches below investment grade.
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Italy is now just two notches above junk with a BB from Standard & Poor's and Fitch, and Baa2 from Moody's.
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DPB Mortgage Pfandbriefe DPB's mortgage covered bonds are rated 'AAA', seven notches above the bank's Long-Term IDR of 'BBB+'.
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LBH Mortgage Pfandbriefe LBH's mortgage covered bonds are rated 'AAA', four notches above the bank's Long-Term IDR of 'A+'.
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HVB Mortgage Pfandbriefe HVB's mortgage covered bonds are rated 'AAA', six notches above the bank's Long-Term IDR of 'A-'.
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SkPfCw Mortgage Pfandbriefe SkPfCw's mortgage covered bonds are rated 'AAA', four notches above the bank's Long-Term IDR of 'A+'.
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BPS OBG The OBG of BPS are rated 'AA+'/Negative, seven notches above the bank's Long-Term IDR of 'BBB'.
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Credem OBG The OBG of Credem are rated 'AA'/Stable, five notches above the bank's Long-Term IDR of 'BBB+'.
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Mediobanca OBG The OBG of Mediobanca are rated 'AA'/Stable, five notches above the bank's Long-Term IDR of 'BBB+'.
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In a statement, the agency rated Pemex's new bonds at BBB+, or three notches within S&P's investment grade rankings.
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In a statement, the agency rated Pemex's new bonds at BBB+, or three notches within S&P's investment grade rankings.
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SUBORDINATED DEBT AND OTHER HYBRID SECURITIES Shinhan's Basel III compliant Tier 2 debt is rated two notches below its IDR.
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The D-Cap of 3 notches reflects the moderate high risk assessment of the liquidity gaps and systemic risk component.
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In 1956, actress Grace Kelly wore a similar style dress but taken up about five notches in terms of glamor.
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Before withdrawing the enhanced ratings, Moody's cut Chester Upland School District and Duquesne City School District four notches to Ba2.
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Some of the ardent Sanders supporters would also be well served if they dialed down the rhetoric a few notches.
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This is what Deevo does: he's a mechanical dynamo who frequently notches pinpoint volleys from all sorts of perplexing angles.
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Upper Tier 2 debt is rated three notches below the banks' VRs to reflect above average loss severity of this type of debt compared with average recoveries (one notch) and high risk of non-performance (two notches) as there is the option to defer coupons if the issue reported losses in the last audited accounts.
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KEY RATING DRIVERS The Additional Tier 1 notes are rated three notches below the holding company's Issuer Default Rating of 'A-': two notches for Fitch's assumption of 'poor' recovery prospects in the event of default, given the level of subordination, and one notch for non-performance risk, which Fitch views as 'moderate' under its criteria.
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KEY RATING DRIVERS The rating is based on ASB's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR Uplift of zero notches, an unchanged Payment Continuity Uplift (PCU) of three notches and the asset percentage (AP) of 71.7% being the highest nominal AP for last 12 months, which Fitch relies upon in its analysis.
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KEY RATING DRIVERS The rating is based on RBS's Long-Term Issuer Default Rating (IDR) of 'BBB+', an unchanged IDR uplift of two notches, an unchanged payment continuity uplift (PCU) of six notches, and the 88.5% asset percentage (AP) Fitch relies upon, which provides more protection than the 'AAA' breakeven (BE) AP of 92.5%.
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This is based on an IDR uplift of two notches, a payment continuity uplift (PCU) of three notches, a recovery uplift of two notches and the programme's 83.0% asset percentage (AP), which is the AP used for the purpose of the asset coverage test (ACT) and publicly disclosed in the investor report, which provides more protection than Fitch's 94.5% 'AAA' breakeven AP. The Stable Outlook on the OFH reflects the significant buffer against a downgrade of BNPP's IDR due to the different uplift factors above the reference IDR and the available overcollateralisation.
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Screenshot: SharpIn the war of notches and bezels, Sharp has landed firmly on Team Notch with its upcoming Aquos R5003 Compact.
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LBH Public Sector Pfandbriefe LBH's mortgage covered bonds are rated 'AAA', four notches above the bank's Long-Term IDR of 'A+'.
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As you'd expect from Martha, this mac and cheese is several notches above anything you'd get out of a blue box.
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S&P gave it a B-, which is nine notches into junk, when it assigned its first rating back in September.
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Because even if you're dressed down and you stack on your jewelry you just kind of up your look 10 notches.
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This one is in many ways the most high-end entry yet, although that depends on how you feel about notches.
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As you turn the dial, try to feel and hear the notches lining up on the series of interlocking wheels inside.
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SUBORDINATED DEBT The bank's Basel III-compliant Tier 2 (B3T261) bonds are rated two notches below its National Long-Term Rating.
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Notches may be 20163's most polarizing smartphone design quirk, but I don't find them to be a problem at all.
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JSIB's Taiwanese Basel III Tier 2 (BIIIT2) capital is rated two notches below its anchor rating - the National Long-Term Rating.
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Developers will be able to test how their full-screen apps work with notches through the tools Google is releasing today.
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It was the first time S&P had chopped an AAA-rated sovereign credit rating by two notches in one move.
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The gap is even larger with Fitch Ratings, which has Saudi Arabia four notches higher at AA and a negative outlook.
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BMCI's, SGMB's and Eqdom's SRs could also be downgraded if Morocco's Country Ceiling is revised downwards by at least two notches.
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Fitch and Standard & Poor's have South Africa on BBB-, a notch above junk, and Moody's are on Baa2, two notches above.
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SUBORDINATED DEBT AND OTHER HYBRID SECURITIES BMG's subordinated debt is rated three notches below its VR to reflect its subordinated status.
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Issuers are obliged to suspend coupon payments on such deals if they are downgraded within three notches from the initial rating.
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The lower levered investment grade secured piece would be rated around two notches higher at double B than higher-yielding bonds.
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The bank advanced resolution regime has not yet been adopted in Canada and therefore the programme's IDR uplift is zero notches.
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Recovery Rating of 'RR2': The rating on GCX Limited's senior secured guaranteed bond is now two notches higher than the IDR.
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And amazingly, not entirely the red-faced Mr. Quint, who's got kill notches on his belt and makes his own liquor.
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Keep them in check and all else falls into line, or at least America notches one victory amid so many defeats.
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S&P and Fitch's both rate South Africa's credit one level above junk status, while Moody's puts it two notches above.
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According to Fitch's criteria, these instruments are typically rated five notches below the anchor rating, GF SAN Mexico's VR of 'bbb+'.
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The iPhone X ushers in a new age of all display, notches, facial recognition, Animoji, and new gestures for controlling everything.
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But an op-ed by the USA Today editorial board earlier this month turned things up more than a few notches.
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The ratings on the Basel II preference shares and Basel III Tier 1 securities are five notches below the banks' VRs.
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UBI II The OBG of UBI II are rated 'A'/Negative, three notches above the bank's Long-Term IDR of 'BBB'.
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UC SB The OBG of UC SB are rated 'AA+'/Negative, six notches above the bank's Long-Term IDR of 'BBB+'.
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It was a bit reminiscent of Carvey's famous impression of the first President George Bush — but a few notches more ludicrous.
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All three agencies have cut the sovereign's ratings in recent months, with S&P downgrading it by three notches since October.
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Indicated 0.2 percent lower Fitch said it continues to expect that Bayer 'A' rating will fall by at least two notches.
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"My personal opinion of the State Department has gone up several notches," the British historian and journalist Timothy Garton Ash wrote.
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Fitch downgraded Altria's credit ratings two notches to BBB after Altria made the Juul investment because the deal increased Altria's leverage.
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The state, India's largest, has witnessed constant rainfall in recent days and rivers have been flowing several notches above warning levels.
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The BBB rating for the state's $26 billion of outstanding general obligation bonds is just two notches above the junk level.
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When Ms. Stockton wasn't satisfied with how the pizzas browned, she cranked up the heat a few notches in the oven.
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The agency downgraded Costa Rica's issuer default rating two notches to B+ from BB and changed its rating outlook to negative.
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KEY RATING DRIVERS The programme's rating is based on DBS's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift of one notch and the asset percentage (AP) of 85.0% used in the programme's asset coverage test which Fitch relies upon in its analysis.
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KEY RATING DRIVERS The rating is based on CBA's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR Uplift of zero notches, a Payment Continuity Uplift (PCU) of six notches, a recovery uplift of one notch and the asset percentage (AP) of 92% used in the programme's asset coverage test, which Fitch relies upon in its analysis.
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SUBORDINATED DEBT AND OTHER HYBRID SECURITIES The ratings of all subordinated debt and hybrid securities issued by SGH and San UK are notched down from the respective banks' VRs, reflecting a combination of Fitch's assessment of their incremental non-performance risk relative to the VR (up to three notches) and assumptions around loss severity (up to two notches).
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KEY RATING DRIVERS The programme's rating is based on DBS's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift of one notch and the asset percentage (AP) of 85.0% used in the programme's asset coverage test, which Fitch relies upon in its analysis.
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KEY RATING DRIVERS The rating is based on NAB's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift of one-notch and the asset percentage (AP) of 0003% used in the programme's asset coverage test, which Fitch relies on in its analysis.
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KEY RATING DRIVERS The 'AAA' rating is based on Kiwibank's revised Long-Term IDR of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches, the recovery uplift of one notch and the asset percentage (AP) used in the programme's asset coverage test (82.4%), which Fitch relies upon in its analysis.
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The 'BBB+' rating was based on BPM's Long-Term IDR of 'BB+', an unchanged IDR uplift of 0 notches, an unchanged D-Cap of 2 notches (high risk) and the 103% AP that Fitch takes into account in its analysis, which is in line with the unchanged 89% 'BBB+' breakeven AP (equivalent to 12.4% over-collateralisation).
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurred: (i) WNZL's IDR is downgraded by three notches to 'A-'; or (ii) the D-Cap falls by three notches to 0 (full discontinuity); or (iii) the AP that Fitch takes into account in its analysis increases above Fitch's 'AAA' BE-AP of 88.5%.
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The notching reflects two notches for loss severity in light of the notes' deep subordination and three notches for additional non-performance risk relative to the VR given a high write-down trigger and fully discretionary coupons SUBSIDIARY AND AFFILIATED COMPANY ABN AMRO Funding LLC is a US-based funding vehicle fully owned by ABN AMRO.
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In just a short time, notches have already gone from being a talking point to what is now an essentially default feature.
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Thankfully, if you really can't stand the way notches look, you can still combat that issue by using apps like this one.
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Moody's joined S&P in cutting the company's credit rating to junk Thursday evening, lowing its rating by five notches to B2.
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BLB Public Sector Pfandbriefe BLB's public sector covered bonds are rated 'AAA', six notches above the bank's Long-Term IDR of 'A-'.
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LBBW Public Sector Pfandbriefe LBBW's public sector covered bonds are rated 'AAA', six notches above the bank's Long-Term IDR of 'A-'.
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NLB Public Sector Pfandbriefe NLB's public sector covered bonds are rated 'AAA', six notches above the bank's Long-Term IDR of 'A-'.
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HVB Public Sector Pfandbriefe HVB's public sector covered bonds are rated 'AAA', six notches above the bank's Long-Term IDR of 'A-'.
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Italian banks shone after rating agency S&P kept its credit rating two notches above non-investment grade for Italian sovereign bonds.
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The first-lien secured obligations recover 75% in this scenario, resulting in a rating two notches above the IDR at 'BB-'/'RR2'.
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S&P cut the Qatari company by two notches to BB from BBB-minus and revised its outlook to negative from stable.
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The display is huge and only has a fairly small chin on the bottom, so if notches annoy you, you'll like it.
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That decision is what lead to the mismatched notches on the Google Pixel 3 (no notch) and Pixel 3 XL (giant notch).
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If that doesn't work, drill a hole next to the lock, and insert your borescope to line up the notches by sight.
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DALLAS, July 218, 21 (GLOBE NEWSWIRE) -- Two firms moved up a couple notches in the latest ranking of mortgage originators and servicers.
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The two notches for loss severity reflect the notes' deep subordination - only ordinary equity ranks below the notes in a winding-up.
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But thanks to government support, S&P gives it a final rating of A+, eight notches higher, a solid investment-grade bond.
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Qatar, rated Aa2 by Moody's and AA by both Standard & Poor's and Fitch, is between one and four notches above Saudi Arabia.
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Say what you will about the notches that have come out in the past year, but at least they were all centered.
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Between 2009 and 2015 Moody's cut the average credit rating of European power utilities by three notches, partly because of environmental risk.
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Talk of antitrust enforcement grows louder every time Facebook notches up another 100m users or Amazon enters a new market (see Schumpeter).
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ZTE was probably thinking "two is always better than one" when designing its new concept phone, and deciding to add two notches.
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Tesla is rated six notches into noninvestment grade, or junk bond, territory by both Moody's Investors Service and S&P Global Ratings.
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Today, the technology exists to minimize or entirely eliminate notches, but Apple also has its Face ID system embedded in the notch.
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It's in this realm of teardrop notches, selfie camera cutouts, and combinations of the two that we'll see most phone makers cluster.
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The state's debt stands at $210.4bn; Moody's, Fitch and Standard & Poor's all put its credit rating just two notches away from junk.
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The discontent around notches tends to lack an understanding of the technical limitations that Pei set out for me in our meeting.
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Legacy upper Tier 2 securities are rated three notches below San UK's VR (one for loss severity and two for non-performance).
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Google is building official notch support into Android P, but it's laying down some ground rules first: two notches is the limit.
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The stressed weighted average FF calculated by applying this test did not result in an implied downgrade of more than three notches.
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Admiral Group was among the biggest gainers on the FTSE 100, adding 3.2%, after Barclays upgraded the insurer's rating by two notches.
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The two 5.2-inch screens are held together by a single hinge along with a few strategically placed notches for extra strength.
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If I've had one complaint about the company's design choices, it's the push toward over-detailing — all of the numbers and notches.
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Nate I think that if Trump keeps Clinton several notches under 60 in New York that Trump has probably won the presidency.
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It lowered its "standalone baseline credit assessments" of 14 lenders by one notch, and those of four other banks by two notches.
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Until now, OnePlus has used tastefully smaller notches and even selfie cameras with a pop-up mechanism to achieve thin screen bezels.
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In a single quarter, the company typically notches over $30 billion in revenue and posts a profit of more than $2 billion.
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S&P on Friday left the rating at BBB, two notches above junk, but lowered the ratings outlook to negative from stable.
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When we finally turned the cameras on (their cameras, several notches worse in quality than ours), I was in full panic mode.
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Minutes later the noise level rose several notches when James was the last member of the Lakers' starting five to be introduced.
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Some people hate that new phones don't have headphone jacks, or that they have notches, or that they still keep getting bigger.
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Previous Vivo Nex phones have focused on creative ways to avoid bezels and notches, from pop-up selfie cameras to secondary displays.
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When Ramirez wasn't acting, she was releasing an EP and multiple singles that would make anyone turn their volume up five notches.
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Biden notches his first net-negative rating in CNN's polling since 2015, with 39% now holding a favorable view and 47% unfavorable.
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The securities are rated three notches below FWD Limited's Issuer Default Rating (IDR) due to their subordination status and non-performance risk.
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S&P Global Ratings and Fitch Ratings both rank the sovereign one level above junk, while Moody's puts it two notches higher.
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An elaborate handshake has the power to break the ice with a new acquaintance or take any existing relationship up several notches.
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But Goodman not only offers a deft performance, he also raises the film he's in by at least a couple of notches.
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Go deeper: With deep pockets, energy industry notches big midterm wins Corporate America leans GOP in 2018 midterms The new Democrats in DC
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In March, S&P cut its stand-alone assessment of Pemex by three notches, following Fitch's move to downgrade its credit in January.
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This underpins our superior recovery expectations for the secured notes, which are reflected in the instrument rating being three notches above the IDR.
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S&P has already cut its rating to two notches below investment grade, and analysts say a Fitch move could have more impact.
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S&P cut Britain's previously triple-A rating by two-notches to AA with a negative outlook, after the mid-2016 Brexit vote.
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It is also in between neighbors Kazakhstan with its 'investment grade' BBB-, and Tajikistan, with its B- rating, six notches below investment grade.
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By building the cameras into hidden doors and panels, makers are able to offer even smaller bezels and best of all, no notches.
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Hence we expect to downgrade the combined entity by a maximum two notches post acquisition to a still solid investment grade credit rating.
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Upon completion of the Monsanto transaction, we will resolve the Rating Watch Negative and likely downgrade Bayer's ratings by a maximum two notches.
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If there is a crease, how noticeable is it, and should we be forgiving of it in the same way we forgive notches?
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While the dress is advertised with the clasps together, Vergara added a cleavage-baring touch to the look by unclasping the top notches.
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Even as a person who's not inclined to criticize notches, I have to say that it doesn't look like Google's finest design moment.
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And indeed Mr Flake's dignified exit notches up another victory for the Bannonite nativism and Trumpian populism that now defines the Republican Party.
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KEY RATING DRIVERS CS The mortgage covered bonds of CS are rated 'AAA', five notches above the bank's Long-Term IDR of 'A'.
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Oman underperformed the region, edging down 20.7 percent, after Moody's Investors Service cut the country's sovereign credit rating by two notches on Saturday.
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That left a big gap between S&P and Moody's, which has Saudi Arabia three notches higher at Aa3, with a stable outlook.
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The unchanged D-Cap of 3 notches is driven by what Fitch assesses as moderate high risk of the systemic alternative management component.
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Following the announcement of the Airgas acquisition, the rating agency downgraded the group's rating by two notches to "A-" with a "stable" outlook.
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Standard & Poor's Ratings Service stripped Britain of its last remaining triple-A credit rating on Monday, chopping it two notches to 'double-A.
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Based on those results and the company's comments, Bank of America Merrill Lynch downgraded the stock by two notches, from "buy" to "underperform".
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TIGER NOTCHES 400TH SAVE Francisco Rodriguez earned his 400th career save in the Detroit Tigers' 3-1 victory over the visiting Philadelphia Phillies.
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It's been a bumpy road filled with annoying notches, odd hole-punch cameras, and in-display fingerprint sensors that don't work very well.
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"You rape women, Bill Cosby, so turn the crazy down a couple notches," comedian Hannibal Buress said in a April 2014 comedy routine.
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If PG&E is found to have sparked the wildfires, Fitch said it could downgrade its stock several more notches into "junk" territory.
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As Vice Principal Neal Gamby, he is several notches down the testosterone scale from the former baseball player Kenny Powers in "Eastbound," though.
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Moody's cut the company's credit rating last Thursday by four notches to B1, deep into speculative territory, and raised concerns about its governance.
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If anything, it seems that notches are actually getting bigger since Essential helped kickstart the trend by adding one to its first phone.
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KEY RATING DRIVERS ARB Mortgage Pfandbriefe ARB's mortgage covered bonds are rated 'AAA', seven notches above the bank's Long-Term IDR of BBB+'.
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But enough about Shane Doan, you'll probably hear more about him in the near future when he finally notches his 22005th career goal.
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KEY RATING DRIVERS Carige OBG The OBG of Carige are rated 'BBB+'/Stable, eight notches above the bank's Long-Term IDR of 'B-'.
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In March, S&P cut its stand-alone assessment of Pemex by three notches, following Fitch's move to downgrade its credit in January.
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First and foremost, if Biden notches a stunning second-place finish, he's still not in the winner's circle — and the polls show Sen.
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Mr. Staley, who was two notches above Mr. Main in the bank hierarchy, didn't know him well but respected the banker's professional achievements.
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While the screen gets a nice update to 90Hz OLED, Google still has no interest in the world of notches or hole punches.
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It also moved up two notches from No. 9 last year to No. 7, clinching another top 10 finish in the Workforce category.
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The rating fell one notch to B with a negative outlook, putting it just two notches above the substantially risky triple-C level.
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All three are expected to come with notches even though 5.8 and 6.5-inch models will be the only two with OLED screens.
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Food fairly pleasant to absorb and sufficiently hearty to calm stomach cramps, but several notches below previous iftars given at the same address.
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Still, in August Moody's took the rare step of downgrading Occidental's credit rating by three notches, leaving it one rung above junk status.
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A new CNN poll has her lagging Biden in this state among black voters by 41 points -- she notches 4% among black voters.
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High-trigger contingent capital Tier 1 instruments and preference shares with no constraints on coupon omission are rated five notches below the VRs.
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Old-timey dogtags had notches on them, which of course led troops to speculate about the purpose of the notch on the tags.
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IBM rose 27.40 percent after Barclays analysts upgraded the stock two notches to "overweight" and hiked its price target by $26.31 to $220.
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KEY RATING DRIVERS The 'AAA' OFH rating is based on Societe Generale's (SG) Long-term Issuer Default Rating (IDR) of 'A'/Stable, which acts as reference IDR for the programme, an unchanged IDR uplift of two notches, an unchanged Discontinuity-Cap (D-Cap) assessment of three notches (moderate high risk) and the programme's contractual minimum over-collateralisation (OC) of 8.5%.
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The increase in the IDR uplift for BNPP PS SCF to two notches from one notch, results in a new 'AA' floor rating for the OF. Payment Continuity Uplift (PCU) Fitch has assigned a PCU of six notches to ABE SCF, based on the soft-bullet OF's 12-month principal maturity extension and at least three months protection for interest payment.
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KEY RATING DRIVERS The 'AAA' rating of the covered bonds are based on Barclays' Long-Term Issuer Default Rating (IDR) of 'A', a revised IDR uplift of 2 notches, a newly assigned Payment Continuity Uplift (PCU) of six notches, and the asset percentage (AP) Fitch relies upon at 66%, which provides more protection than the 'AAA' breakeven AP of 82.5%.
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Subordinated debt is notched one notch down from the VR and preferred stock is notched down five notches from the VR. Capital trust securities have been notched down four notches from the VR. LONG- AND SHORT-TERM DEPOSITS With the upgrade of SSBT's Long-Term IDR in May of 2015, Fitch also upgraded SSBT's Long-Term Deposit ratings to 'AA+.
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Recovery Uplift Carige's, BPS's, Credem's, Mediobanca's and UC SB's OBG benefit from the maximum recovery uplift (two notches if the tested rating on a probability of default (PD) is investment grade, otherwise three notches) as the asset percentage (AP) that Fitch takes into account compensates for credit losses modelled in a stress scenario corresponding to the level of the covered bonds rating.
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A small number of debt ratings are likely to be affected, mostly upgraded, by one or two notches; - One hybrid security issued by a policy bank, which could be upgraded by two notches; - Short-term deposit ratings of two banking groups could be downgraded by one notch; and - SRs and/or SRFs of three banks are likely to be revised by one notch.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurred: (i) Suncorp-Metway Limited's Issuer Default Rating was downgraded by three notches to 'BBB+'; (ii) the discontinuity cap fell by 3 notches to 1 (Very High); or (iii) the asset percentage (AP) Fitch takes into account in its analysis increased above Fitch's 'AAA' breakeven AP of 91%.
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RATING SENSITIVITIES The 'AAA' rating of RBS's mortgage covered bonds is vulnerable to a downgrade if either of the following occurs: (i) the bank's Long-Term IDR is downgraded by three notches to 'BB+' or below; or (ii) the number of notches represented by the IDR uplift, the payment continuity uplift and the recovery uplift is reduced to six or lower.
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KEY RATING DRIVERS The programme's rating is based on DBS's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches, a recovery uplift of one notch and the asset percentage (AP) of 85.5% used in the programme's asset coverage test, which is relied upon by Fitch in its analysis.
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RATING SENSITIVITIES IDRs and Support Rating There is limited upside potential on Citibanamex's IDRs, since these are already two-notches above the sovereign's IDRs.
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And that's just the tip of The OA iceberg, because Season 2 is about to going to turn it up like a thousand notches.
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Simon Rex thinks everyone should have thousands of notches on their bedpost, but he's super cautious if the chick has metal in her mouth.
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In turn, the downgrade of their Local Currency IDRs to 'BBB-' is consistent with the maximum uplift of two notches above the sovereign rating.
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When all three wheels are properly aligned, notches on each one also align, releasing a locking mechanism that allows the lock to pop open.
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At this point, notches aren't cutting edge anymore, they are just a relatively simple tactic for delivering what everyone seems to want: more screen.
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In December, S&P Global Ratings downgraded the territory by a stunning seven notches to B from BBB+, putting it well below investment grade.
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The UVN senior unsecured notes have no expected recovery, resulting in an 'RR6' and a rating two notches down from the IDR to 'CCC+'.
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In that report, Chile was ranked as the 257.67th easiest place to pay taxes, some 87 notches below its rank in the previous year.
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We are therefore more likely to notch down insurance RT15493s by two rather than three notches relative to the IDR for non-performance risk.
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The notes are currently rated four notches below the Viability Rating - two for high loss severity and two for the incremental non-performance risk.
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A hybrid instrument with easily activated going-concern loss absorption is normally rated at least three notches lower than the issuer's Long-Term IDR.
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S&P's latest decision on Eskom takes it deeper into junk status, seven notches below investment grade into territory described as a "substantial risk".
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Motorola has officially announced the Motorola One and Motorola One Power, the company's pair of midrange Android phones with distinctly iPhone X-style notches.
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And when I want to kick back with the latest Verge Science video, no black bars (or notches!) would be really nice as well.
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The Trump administration has sought to use such rules to reshape car production in North America, tightening them by several notches in the USMCA.
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Ultimately, we should be thankful if our personal endgame is just a couple of notches better than the premise of Mad Max: Fury Road.
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Google says Android is now on 16 phones with notches from 11 different companies, and that's likely to expand significantly in the coming year.
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Danske Banks's Domestic Covered Bonds The domestic mortgage covered bonds of Danske are rated 'AAA'/Stable, five notches above the bank's Long-Term IDR.
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Danske Banks's International Covered Bonds The international mortgage covered bonds of Danske are rated 'AAA'/Stable, five notches above the bank's Long-Term IDR.
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The country's credit rating is currently only two notches away from levels that would see its local debt being excluded from the WGBI index.
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S&P also lowered the rating four notches to BBB from A-plus for the City Colleges of Chicago, which operates seven community colleges.
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Separately, that disaster is among the factors cited by Moody's this morning for downgrading BHP's credit rating by two notches to A1 from A3.
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Evergrande Real Estate Group's 2020 bonds were unchanged at 107.25 bid after dropping two points on Monday, when S&P downgraded it two notches.
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France's credit rating of Aa2/AA/AA from Moody's, S&P Global and Fitch is several notches above Ireland's rating of A3/A+/A.
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The perpetual debt ratings of KKB, BCC and ATF are rated two notches lower, reflecting greater non-performance risk and more limited recovery expectations.
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In such a situation, the bond would still be two notches higher than the IDR, as instruments can be rated 'CCC+' under Fitch's criteria.
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The unchanged D-Cap of 8 notches is driven by what Fitch assesses as minimal discontinuity of the liquidity gap and systemic risk component.
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The two notches for loss severity reflect that the notes can be converted to ordinary equity of Westpac before the point of non-viability.
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The D-Cap is unchanged at 2 notches, driven by what Fitch assesses as high risk in the liquidity gap and systemic risk component.
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QVC Debt Ratings: Fitch rates both QVC's senior secured bank credit facility and the senior secured notes 'BBB-', two notches higher than QVC's IDR.
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CTBC Bank's Basel III-compliant subordinated debt is rated two notches below its National Long-Term Rating to reflect the bonds' limited recovery prospects.
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But their friendly charades gatherings are about to get raunched up a few notches in "Game Night," a darkly comic adventure, opening Friday, Feb.
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Though revolutionary at the time, smartphone makers quickly caught up and surpassed the iPhone X with even bolder edge-to-edge designs without notches.
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SoftBank Group slumped 7.9% after Moody's downgraded it by two notches to "Ba3", prompting the tech conglomerate to request a withdrawal of the rating.
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RATING SENSITIVITIES The 'AAA' rating of KWB's covered bonds is vulnerable to a downgrade if KWB's IDR is downgraded by four notches to 'A-'.
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There are no ugly giant bezels, no screen notches, and it folds out into what looks a regular phone (albeit a really long one).
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Cue up one of their yoga classes, wear the notches, and yoga-centric AI takes in data from 14003D sensors to correct your form.
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In line with its applicable rating criteria, Fitch typically adjusts down the fund's WARF-implied NFCQR it deems concentrated by one or more notches.
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Underscoring the scale of the problem, Moody's said that GE's "very elevated leverage" could lead it to downgrade the company's rating by multiple notches.
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The volcano alert level was raised to three in Sulawesi following the eruption, two notches below the highest level on the Indonesian eruption scale.
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In Vallourec's case, however, this has not been enough to stem further downgrades, as S&P cut it two notches to BB- on Tuesday.
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If they do have a group protest planned for their season opener this Sunday, the day's date would lift the drama up several notches.
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Moody's has already downgraded Wright State three notches, citing among other factors a notable drop in international enrollment, nearly 800 students over two years.
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Rather than a detailed interface, you'll see big, bubbly numbers and notches shine through when you spin the thermostat's ring around to set the temperature.
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This notching reflects the incremental non-performance risk relative to that captured by the VR and the loss severity (two notches) given its deeper subordination.
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The pop star already has quite the real-estate portfolio, with notches to hang her fedora in New York City's Tribeca, Rhode Island, and Nashville.
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Google Pixel 3 XL: "The O__O Bathtub"Illustration: Sam Woolley (Gizmodo)As we sit here at the end of 2018, notches have become pretty commonplace.
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KEY RATING DRIVERS ARB Public Sector Pfandbriefe ARB's public sector covered bonds are rated 'AAA', seven notches above the bank's Long-Term IDR of 'BBB+'.
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The sliding camera in the Honor Magic 2 (and the Xiaomi Mi Mix3)Image: HonorShortly after MWC, it was clear smartphone notches were already passé.
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It said this was one reason Britain's credit rating, which it cut by two notches days after the June 22009 vote, could be cut further.
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Earlier this year credit rating agency Fitch cut Pemex's rating by two notches to BBB-, the lowest investment grade rating, and assigned a negative outlook.
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S&P downgraded the nation by two notches, from "AAA" to "AA," citing last week's referendum that approved a British exit from the European Union.
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Admittedly, not everyone will be bothered by these foibles of design, but anyone who's ever fretted about display notches or camera bumps most assuredly will.
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Occasionally, people get into a pattern of braggy one-upmanship, or they constantly try to prove that they have "notches in the bedpost," she says.
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Later on Fitch is scheduled to publish its review of Italy's credit rating, which stands two notches above junk at BBB, with a negative outlook.
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Go deeper: With deep pockets, energy industry notches big midterm wins What the new Congress means for Silicon Valley Old oil seeks Silicon Valley swag
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The bonds were rated three to four notches below investment grade at Ba3 by Moody's Investors Service and B-plus by S&P Global Ratings.
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After a few generations of unwieldy wearables, the company took it down a few notches with a device that was smaller and decidedly more minimalist.
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As a 'Very Important' subsidiary, SFG could also be downgraded below the group rating if its standalone assessment is downgraded by three or more notches.
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The cutout just nudges the notification and status icons into the middle of the display and everything goes along as it already did with notches.
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The update, which is only available for Pixel devices for now, adds camera improvements, better notifications for messaging apps, and support for all those notches.
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Williams has the chance to break a record if she notches her 22013rd grand slam title at the U.S. Open in New York this month.
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People who don't like notches on their phones to make room for the selfie camera may like that this one appears to have no notch.
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RATING SENSITIVITIES IDRS AND SUPPORT RATING There is limited upside potential on HSBC Mexico's IDRs, since these are already two notches above the sovereign's IDR.
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Analysts at the three major rating agencies, which rate Illinois one or two notches above junk, declined to comment on the timing of their decisions.
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There are rubber notches that give the radiators around a half-inch cushion, so you'll also have to be pretty unlucky for that to happen.
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Consequently we believe there should be a difference of maximum two notches between the VR of SGH and the Long-Term IDR of Banco Santander.
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PCU Fitch has maintained the PCU of three notches based on the OFH principal and interest protection provided by a six months pre-maturity reserve.
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Moody's upgraded Argentina's credit rating to B3 with a stable outlook from Caa1 in April, though the assessment is still six notches below investment grade.
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He said the move could stabilize or improve Illinois' triple-B credit ratings, which are two notches above junk and the lowest among U.S. states.
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Earlier, the Philippine peso firmed to one-week highs against the dollar after Fitch raised the sovereign credit rating to BBB, two notches above junk.
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The downgrade, which puts Pennsylvania debt four notches below S&P's AAA gold standard rating also reflects the state's weakening liquidity position, S&P said.
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On Monday, credit rating agency Fitch cut Chicago's rating by two notches to to BBB-, one step above junk status, citing the recent court rulings.
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As a result, the rating is notched down three times from the IDR; two notches for recovery prospects and one notch for non-performance risk.
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Steinhoff's problems deepened on Thursday after Moody's sent its debt deep into junk territory, cutting it by four notches and raising concerns about its governance.
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Clinton notches 6900 percent in a four-way race, while Trump, the Republican nominee, trails the Democratic nominee at 2628 percent, according to the poll.
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"He's in the middle of a victory and takes it down a few notches by engaging in that kind of unnecessary rhetoric," Fleischer later continued.
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The 5.8-inch screen is beautiful and it doesn't have a notch, so if those notches infuriate you, you'll like the S9's lovely screen.
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As a 'Very Important' subsidiary, SFG could also be downgraded below the group rating if its standalone assessment is downgraded by three notches or more.
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KEY RATING DRIVERS SUBORDINATED DEBT The upcoming issuance is expected to be rated two notches below Bancolombia's VR of 'bbb', to reflect loss severity exclusively.
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Standard & Poor's (S&P) also announced it had slashed Argentina's long-term credit rating by another three notches into the deepest area of junk debt.
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RATING SENSITIVITIES The Long-Term IDRs for DBK and HCSBK are likely to remain one notch below the sovereign and for KAF two notches below.
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Siyapatha is rated two notches below its parent because of Siyapatha's limited contribution to the group's core businesses and Siyapatha's different branding from its parent.
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JUVENTUS NOTCHES ANOTHER ITALIAN TITLE Juventus clinched a record sixth straight Italian league title with a 3-2124 win over relegation-threatened Crotone in Rome.
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It's attractive, compact, and has ingenious notches, grooves, hooks, and movable parts to make the process of cleaning the litter box easier (and less odious).
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PCU Fitch has maintained the PCU of four notches based on the OFH principal and interest protection provided by a nine months pre-maturity reserve.
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As a 'Very Important' subsidiary, PL could also be downgraded below the group rating if its standalone assessment is downgraded by three or more notches.
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As the notes do not contain any coupon deferral features, Fitch has not applied any notches for incremental non-performance risk (relative to senior obligations).
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Neil Patrick Harris David Burtka and Neil Patrick Harris always take their costumes up about 10 notches, and this year they added a sophisticated twist.
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Motorola's got a new smartphone with a focus on the typical pain-points of phones these days: battery life, camera performance, and annoying screen notches.
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The rating of the securities is five notches below RBSG's 'bbb+' Viability Rating (VR), in line with Fitch's criteria, for assigning ratings to hybrid instruments.
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E.B. White, but kick up the folksy whimsy three or four notches, and also the animals should all represent specific officials within the Carter administration.
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On "No Mistakes"—the one with the great Charlie Wilson hook—Kanye goes for a big, exultant celebration, but comes in two notches too low.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurred: (i) Commonwealth Bank of Australia's Issuer Default Rating was downgraded by four notches to 'BBB+'; (ii) the discontinuity cap fell by four notches to 0 (full discontinuity); or (iii) the asset percentage (AP) Fitch takes into account in its analysis increased above Fitch's 'AAA' breakeven AP of 90.5%.
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KEY RATING DRIVERS The rating is based on WBC's Long-Term Issuer Default Rating (IDR) of 'AA-', an IDR uplift of zero notches, a payment continuity uplift (PCU) of six notches and the asset percentage (AP) used in the programme's asset coverage test, which the issuer intends to decrease by 0003 basis points to 91.0% effective from the next calculation date on 1 May 2017.
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Bobby ScottRobert (Bobby) Cortez ScottBlack voters propel Biden to big wins in Virginia, NC, Alabama Spanberger endorses Biden amid Virginia primary victory Biden notches major win in Virginia primary MORE, Jennifer WextonJennifer Lynn WextonBlack voters propel Biden to big wins in Virginia, NC, Alabama Biden notches major win in Virginia primary Polls show big bounce to Biden ahead of Super Tuesday MORE and Don Beyer.
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Bobby ScottRobert (Bobby) Cortez ScottBlack voters propel Biden to big wins in Virginia, NC, Alabama Spanberger endorses Biden amid Virginia primary victory Biden notches major win in Virginia primary MORE, Jennifer WextonJennifer Lynn WextonBlack voters propel Biden to big wins in Virginia, NC, Alabama Biden notches major win in Virginia primary Polls show big bounce to Biden ahead of Super Tuesday MORE and Don Beyer.
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KEY RATING DRIVERS The rating is based on BPS's Long-Term IDR of 'BBB', an unchanged IDR uplift of zero notches, an unchanged Discontinuity Cap (D-Cap) of two notches (high discontinuity risk) and the 78.74% asset percentage (AP) that Fitch takes into account in its analysis, which provides more protection than the unchanged 88.5% 'A+' breakeven AP. The Negative Outlook reflects that on BPS's IDR.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) CIBC's IDR is downgraded by four notches or more to 'BBB+' or below; or (ii) the number of notches represented by the IDR uplift, the PCU and the RU is reduced by four notches or more; or (iii) the AP that Fitch considers in its analysis increases above Fitch's 'AAA' breakeven AP. The Fitch breakeven AP for the covered bond rating will be affected, among others, by the profile of the cover assets relative to outstanding covered bonds, which can change over time, even in the absence of new issuance.
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Last week, Moody's surprised markets by downgrading Brazil two-notches, becoming the third of the big rating agencies to strip Brazil of its investment grade rating.
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Normally, I don't care about notches—they are simply an interim method for creating extra screen real estate while we wait for full bezel-less devices.
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If she wants to have any shot at winning, she needs to be adding big notches to her belt, and keeping around players she can beat.
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Princess Kate has always given us major hair envy, but the royal has taken her hair game up a few notches over the past six days.
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Jay Carney was a few notches up at 51 minutes, and Josh Earnest crushed the competition by holding briefings lasting an average of nearly 70 minutes.
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And that's really the issue at heart, because not long after Essential and Apple made notches neat, everyone else hopped on the bandwagon and ruined it.
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Instead, Oppo took a chance, and in a year when people waged countless internet battles over notches versus bezels, the Find X did its own thing.
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The downgrades, some as many as five rating notches, added fuel to a sell-off that caused many investors to suffer big losses in their portfolios.
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"Ear notches are permanent markings and you can use them for the life of the animal," Francis Gakuya, head of veterinary services at KWS, told Reuters.
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That means the new version of the handset has no need for any notches, hole-punches, or even pop-up selfie cameras alongside its OLED display.
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In a society where we place value on the number of entrepreneurial notches on somebody's belt, a series of acquisitions is seen as the ultimate goal.
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And since the new OS is optimized for notches that might cut into the top display area, it starts putting notifications right next to the time.
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Investors will now be closely watching Fitch's review on Italy's credit rating later in the day, which is currently BBB, two notches above non-investment grade.
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Payment Continuity Uplift (PCU) Fitch has assigned a PCU of four notches to CS's covered bond programmes, despite most outstanding bonds containing a soft-bullet feature.
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While smartphone makers were busy fiddling around the edges of display notches, headphone manufacturers really improved the substance as well as the style of their products.
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Because notches can cut into the area that an app sometimes displays in, Android P includes controls to let apps either avoid or embrace the notch.
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In May 2016, after the charges were filed, Moody's Investors Service downgraded the town's outstanding bonds two notches to A3, still in the investment-grade category.
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The rating assigned to the securities is three notches below CGD's 'bb-' Viability Rating (VR), in accordance with Fitch's criteria for assigning ratings to hybrid instruments.
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We've no real beef with notches, but if you're gonna talk a big game before the official launch, you better be able to back it up.
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The PCU of six notches reflects the 12 months' liquidity protection in place allowed by the 12-month maturity extension applicable to the soft-bullet bonds.
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Under Fitch's criteria, the notes would be rated two notches below the banks' anchor ratings, which for Malaysian commercial banks would be their Viability Rating (VR).
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If that sounds all a bit much then don't worry, it's being hosted by Ant and Dec, which ought to bring things down a few notches.
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It has no notches or holes; the selfie camera pops up from the top of the phone, and the fingerprint scanner is embedded into the display.
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As a result, the rating is notched down three times from the IDR, comprising two notches for recovery prospects and one notch for non-performance risk.
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QVC Debt Ratings: Fitch rates both QVC's senior secured bank credit facility and the senior secured notes 'BBB-', two notches higher than QVC's Issuer Default Rating.
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Then, a credit enhancement of up to three notches is added to the standalone rating, reflecting an assessment on substitution, relativity, borrowing options and moral hazard.
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Finally, SGMB's Support Rating would also be downgraded if Morocco's Country Ceiling is revised downwards by at least two notches, which Fitch also views as unlikely.
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Finally, Eqdom's Support Rating would also be downgraded if Morocco's Country Ceiling is revised downwards by at least two notches, which Fitch also views as unlikely.
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It's one of the more frightening things I've ever seen in a movie, largely because it's only a few notches past the world we inhabit now.
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SoftBank Group slumped 9.4% after Moody's downgraded its debt rating by two notches to "Ba3", prompting the tech conglomerate to request a withdrawal of the rating.
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Grabner notches hat trick, Rangers shred Lightning NEW YORK — Michael Grabner was one of the many bargain-basement signings by the New York Rangers this summer.
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The 5.8-inch screen is absolutely gorgeous and it doesn't have a notch, so if those notches infuriate you, you'll like the S9's lovely screen.
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The PCU of six notches reflects the 12-month liquidity protection in place allowed by the 12-month maturity extension applicable to the soft bullet bonds.
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In May 2016, after the charges were filed, Moody's Investors Service downgraded the town's outstanding bonds two notches to A3, still in the investment grade category.
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A downgrade of BNP Paribas' IDRs will only affect BNL's IDRs and SR if the parent's Long-Term IDR is downgraded by more than two notches.
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Low trigger contingent capital Tier 2 notes are rated two notches below the VR, reflecting loss severity, due to contractual full and permanent write-down language.
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But industry and regulatory sources said they knew of no other case where a national bank had slipped two notches in a single review of CRA compliance.
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Analysis of the fossilized bones revealed characteristic signs of butchery, such as V-shaped gouges involved in evisceration and defleshing, and impact notches suggestive of marrow extraction.
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The subordinated debt ratings are notched down once from the VRs, which incorporates zero notches for incremental non-performance risk and a notch for higher loss severity.
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They found an analyst not affiliated with the president's political party cuts ratings 0.015 notches more, on average, than an analyst from the side of the aisle.
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And with flexible phones coming soon(ish) from Samsung, Huawei and others, I wouldn't be surprised if notches became only a minor blip in the smartphone timeline.
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I've argued before that there's no sense in getting worked up about notches, as they are often a practical solution to giving consumers a little extra screen.
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Watch Resolution After Spin-off: Fitch will resolve the Negative Watch after the completion of the spin-off and expects to downgrade Wharf's ratings by multiple notches.
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Yes, svelte notches like on the OnePlus 6T can claim that, too, but they're much more disruptive anytime you want to watch a video in full screen.
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Some phone makers have gotten around this with notches, others by relocating the camera below the screen so that you have to hold the phone upside down.
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The decision to go with prominent notches is one that simply would not have been taken were it not for the iPhone X. Our notch is smaller!
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It also has one of the smallest screen notches we've seen, accommodating only the selfie camera, with the earpiece positioned at the very edge of the phone.
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Two of them feature teardrop notches, three of them have dual rear-facing cameras, and all of them have low-resolution 720p screens and mid-range specs.
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You may be surprised to hear this, but smartphone notches have been pretty controversial: some people hate them, other people... don't have strong opinions on the matter.
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They evolved to breed in the notches and holes in trees, but they've adapted to the nooks and crannies we leave scattered around our homes and cities.
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The S&P/ASX 200 index closed up 0.6% or 25.5 points at 22.2,250, a few notches below the record high of 20.79,285.74 reached in November 210.
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The new, notched Androids did not undergo any such radical transformation, so one has to wonder whether their notches make them better, or are their a nuisance?
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MUAH's IDR and senior debt ratings could be impacted if the parent were to be downgraded by multiple notches; however, this is viewed as a lower likelihood.
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Notches compared: Huawei P20 Pro, LG G7 ThinQ, iPhone X. The G73 ThinQ's notch is smaller than the iPhone X's, but larger than the Huawei P20 Pro's.
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"South Africa's continued inclusion in WGBI rests on a local currency investment grading rating from S&P and Moody's – presently two notches away," UBS analysts told clients.
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Even though notches are necessary to create room for a front-facing camera, there's no question it disturbs the symmetry of a true edge-to-edge display.
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The IDR uplift remains at zero notches as New Zealand does not explicitly exempt the issued covered bonds from bail-in under the Open Bank Resolution regime.
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The notes are rated three notches below VIVAT's 'BBB' Issuer Default Rating (IDR) to reflect their subordination and loss absorption features, in line with Fitch's notching criteria.
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Remember how OS X — sorry, macOS — used to render little black notches in the upper left and right to give the impression of a physically rounded screen?
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The low-risk business environment for EIB translates into the maximum possible adjustment of three notches over its solvency assessment, resulting in an intrinsic rating of 'aaa'.
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In view of the safeguards, a rating differential of three notches from the sponsor (France; AA/Stable/F1+) is appropriate as a rating floor for French PHEs.
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The three notches for incremental non-performance risk reflect the notes' non-cumulative cancellable coupons, which Fitch views as the most easily activated form of loss absorption.
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Super Breakout, however, took things up a couple of notches with better graphics and many more realizations of the walls you have to keep wrecking to survive.
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Mindfulness meditation exercises won't make your commute go quicker, but they will take your stress level down a few notches when faced with delays, snarls or disruptions.
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Tensions between China and the U.S. ratcheted up several notches over the weekend as Washington sent a warship into the disputed waters of the South China Sea.
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Lee Sizemore, the fatuous narrative director, seems like the only person still arguing for that version of Westworld, and he's several notches down on the corporate hierarchy.
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NET NEUTRALITY NOTCHES ANOTHER COURT WIN: A federal appeals court on Monday rejected a request to review its decision upholding the Federal Communications Commission's net neutrality regulations.
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She is playing against a machine that is mimicking the game of badminton legend P.V. Sindhu, toned down a few notches to adjust for the age difference.
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S&P stripped Britain of its triple-A rating after the Brexit vote last year, downgrading it by two notches to AA and assigning a negative outlook.
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In the Knicks' case, though, hiring someone like Ujiri to thoroughly clean house and start rebuilding is several notches more crucial than it was for the Lakers.
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LONDON, April 29 (Reuters) - Italian government bonds rallied on Monday after S&P Global affirmed the country's sovereign credit rating at BBB, two notches above junk territory.
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When the road was closed on Saturday, the energy on the mountain cranked up several notches, and we were happy to be up there inside the barriers.
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The three main credit rating agencies - Moody's Investors Service, S&P Global Markets and Fitch Ratings - peg GE debt at just three notches above junk bond levels.
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KEY RATING DRIVERS The expected rating is based on OCBC's Long-Term Issuer Default Rating (IDR) of 'AA-', an Issuer Default Rating (IDR) Uplift of zero notches, a Payment Continuity Uplift (PCU) of six notches, a recovery uplift of one notch and the asset percentage (AP) to be disclosed in the issuer's investor report, which is expected to be equal to or lower than Fitch's 'AAA breakeven AP of 86%.
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RATING SENSITIVITIES The 'AA' rating would be vulnerable to downgrade if any of the following occurs: (i) BANA's IDR is downgraded by one or more notches to 'A' or below; or (ii) the number of notches represented by the recovery uplift and the PCU is reduced to one or lower; or (iii) the AP that Fitch considers in its analysis increases above Fitch's 'AA' breakeven level of 75.5%.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) Barclays IDR is downgraded by five or more notches to 'BB+' or below; or (ii) the number of notches represented by the IDR uplift and the PCU is reduced to 3 or lower; or (iii) the AP that Fitch considers in its analysis increases above Fitch's 'AAA' breakeven level of 82.5%.
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RATING SENSITIVITIES The 'BBB' rating would be vulnerable to downgrade if any of the following occurs: (i) the IDR is downgraded by 1 or more notches to 'CCC' or below; or (ii) the number of notches represented by the IDR uplift and the D-Cap is reduced to 3 or lower; or (iii) the AP that Fitch considers in its analysis increases above Fitch's 'BBB' breakeven level of 90%.
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RATING SENSITIVITIES The 'AAA' rating of Coventry's mortgage covered bonds is vulnerable to a downgrade if any of the following occurs: the bank's Long-Term IDR is downgraded by five notches to 'BB+' or below; the number of notches represented by the IDR uplift, the PCU and the recovery uplift is reduced to four or lower; or the relied-upon AP rises above Fitch's 'AAA' breakeven AP of 87.5%.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) FvL's IDR is downgraded by five or more notches to 'BB-' or below; or (ii) the number of notches represented by the IDR uplift and the D-Cap is reduced to four or lower; or (iii) the AP that Fitch considers in its analysis increases above Fitch's 'AAA' breakeven level of 95%.
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RATING SENSITIVITIES The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) the Issuer Default Rating is downgraded by three or more notches to 'BBB' or below; or (ii) the number of notches represented by the IDR uplift and the Discontinuity Cap is reduced to two or lower; or (iii) the overcollateralisation that Fitch considers in its analysis decreases below Fitch's 'AAA' breakeven level of 20163%.
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Fitch Ratings is due to review later on Friday its 'BBB' rating on Italy's sovereign debt, which is two notches above junk status and carries a negative outlook.
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So naturally, after notches became one of the most discussed (and often reviled) features on phones in 2018, Asus went and added one to the new ZenBook S13.
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So while LG's holes are probably a slight upgrade over notches, they still feel like another stop-gap measure in the overarching dream of creating all-screen phones.
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The toy industry is growing by 9% annually in the country, but the Danish firm's Chinese arm notches up "very strong double digits", says Paul Huang, its boss.
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Image: HTCWhile other phone makers are busy trying to incorporate notches onto their latest devices, HTC is doubling down on some smartphone innovation that you can actually feel.
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As I've noted before, Android Pie is the first Android update to address the latest trends in smartphone design, such as display notches and edge-to-edge screens.
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Nymia Almeida, senior vice president for corporate ratings at Moody's in Mexico, said support from the Mexican government was helping the "already very low rating" by six notches.
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As a result, W&SFG's senior debt ratings are notched two rating levels below the insurance company IFS ratings, versus the typical three notches based on Fitch's criteria.
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And in a recent Android Developers Blog post, Google described in greater detail what it's doing to enhance the functionality of modern displays, both with and without notches.
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S&P stripped Britain of its coveted triple-A rating after the Brexit vote last June, downgrading it by two notches to AA and assigning a negative outlook.
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Moody's on Wednesday cut Brazil by a surprising two notches to "junk" territory, the last of the big three rating agencies to strip Brazil of its investment grade.
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So it's no surprise that for the brand's spring/summer 2017 presentation, Michele took his signature geek-chic, flea-market-style look and amped it up 10 notches.
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One theme will be improvements that take advantage of current hardware trends, such as dual cameras and display notches, both of which are increasingly common in Android flagships.
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McMullin notches just 24% in the new survey from Monmouth University on Thursday, 7 percentage points behind Hillary Clinton at 31% and double digits behind Trump at 37%.
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And if reports are to be believed, Google is preparing the next version of Android to have formal support for notches, anticipating the flood of Apple-inspired devices.
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The super-thin, near-bezel-less tablet at 0:18 is dreamy, and the gaming phone at 0:37 appears to be all screen, without bezels or notches.
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Earlier on Monday, S&P stripped Britain of its last remaining top-notch credit rating, slashing it by two notches and similarly warning that more downgrades could follow.
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But it's worth noting that Google doesn't have complete control over Android, so it's not as though there can never be a phone with three or more notches.
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The firm stripped Britain of its coveted triple-A rating after the Brexit vote last June, downgrading it by two notches to AA and assigning a negative outlook.
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The PCU remains unchanged at six notches and reflects the strength of liquidity protection in the form of a 12-month extension period on the soft-bullet bond.
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S&P Global Ratings and Fitch Ratings both rank the sovereign debt of Africa's most industrialised economy one level above junk, while Moody's puts it two notches higher.
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Its bonds were downgraded twice in the past 12 months by each of the three main credit rating agencies and now stand six notches into junk bond territory.
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Low trigger contingent capital Tier 103 notes are rated two notches below the VR, reflecting loss severity in the form of contractual full and permanent write-down language.
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As reflected in Panama's country ceiling of 'A', three notches above the sovereign rating, Fitch views exchange and convertibility risks as negligible due to Panama's well-entrenched dollarization.
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" Referring to her alleged acceptance -- and the letter her team gave us -- Chyna told us, "School is going to help me take things up a couple of notches.
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The IDR uplift is at zero notches as Australia does not have a specific advanced bank resolution regime and covered bonds are not explicitly exempt from bail-in.
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The subindex for Thailand surged to 22 from 93 and the Philippines saw a climb to 29 from 22 while sentiment in Malaysia improved five notches to 277.
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In case GCX's IDR is downgraded to 'CCC', the bond rating will be downgraded by two notches to 'B-' as instruments cannot be rated 'CCC+' under Fitch's criteria.
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The state, which finishes eighth overall in this year's America's Top States for Business rankings, also notches an impressive sixth-place finish in our Access to Capital category.
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The preferred securities of CIBC's Capital Trust II are preferred securities, which Fitch gives five notches from CIBC's VR given management and regulatory authorities' powers to suspend dividends.
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The preferred securities of BMO Capital Trust II are preferred securities, which Fitch gives five notches from BMO's VR given management and regulatory authorities' powers to suspend dividends.
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SUBORDINATED DEBT AND OTHER HYBRID SECURITIES EFGInt's bons de participations are rated five notches below the VR to reflect their fully discretionary coupon deferral and high loss severity.
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Lady Gaga's long-running comeback notches a symbolic victory this week as "Joanne," her first solo album in three years, opens at No. 1 on the Billboard chart.
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I was a late bloomer, and when I graduated from college with only a few drunken notches on my box spring, it seemed I needed to catch up.
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And, Conyers' son is likely to face off against Conyers' great nephew in the race to replace him -- taking the whole nepotism thing down a few notches. Still!
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Nearby, Alyshia Taboas cut into bright blue sheets of roof insulation, her utility knife forming the notches and ridges onto which Mr. Zaragoza would drape his rocky fabric.
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Raspberry knocks this one down a couple notches—there is no lemonade flavor that's better than straight lemonade—yet this is still in the upper tier of Dewdom.
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The agency said AMP's credit outlook was negative and warned that its rating could be lowered by up to two more notches after the life insurance divestment completes.
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Each of those notches on the global thermometer, when unpacked across this vast planet of ours, has far-reaching impacts on ice melt, drought, heat waves, and extinctions.
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Of all the methods phone manufacturers have employed to get rid of bezels and avoid display notches, the second screen has to go down as the most elaborate.
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More downgrades followed, and in December, Standard & Poor's dealt the territory a rare "superdowngrade" — seven notches in one fell swoop — leaving it squarely in the junk-bond realm.
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S&P's global chief rating officer Moritz Kraemer says risks are to the downside for his rating on Poland, which is now three notches above junk at BBB+.
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The big takeaway: The rules for model years 2022 through 21625, which were written way back in 2900, need to be taken down a few notches, Pruitt concluded.
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In view of the safeguards, Fitch views a rating differential of three notches from the French sovereign (AA/Stable/F1+) is an appropriate rating floor for French PHEs.
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Each hanger has a wooden rod for hanging pants, notches to accommodate strappy tanks and dresses, and a broad enough design to hold blazers, shirts, and most coats.
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" The riches may not have materialized, but with his new book, "Live Work Work Work Die," Pein says he wants to "take this industry down a couple notches.
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But it does give us a glimpse of a future phone world that isn't all about notches and dual rear cameras, and it's a future I'm frankly pumped for.
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Rating agency Moody's has said it is reviewing the Baa2 credit rating it assigns South Africa, two notches above junk, a process that could take 30 to 90 days.
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PCU The PCU remains unchanged at six notches and reflects the strength of liquidity protection in the form of a 12-month extension period on the soft-bullet bonds.
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The Class B notes ratings' were also sensitive to increased defaults, with the rating declining by one, two and three notches under the mild, moderate and severe scenarios, respectively.
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S&P Global Ratings put Renesas on a negative credit watch, saying it might cut the firm's rating by one or two notches if the acquisition proceeds as planned.
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From unsaved photos and extra notches to wonky RAM management, the latest bug for Google to fix is vanishing text messages, according to recent complaints from Pixel 3 owners.
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Alfa's 'BB' subordinated debt rating is notched down once from the bank's VR, which incorporates zero notches for incremental non-performance risk and a notch for higher loss severity.
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PCU Fitch has assigned a PCU of three notches to BNPP HL SFH based on the OFH principal and interest protection, provided by a six month pre-maturity reserve.
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At the onset of the euro zone crisis in 2011, Moody's rated Italy's debt "Aa2", which had remained unchanged since 2002 and stood six notches above the current rating.
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Daymond tells TMZ ... KKW already has major notches on her belt that look good to voters -- helping free imprisoned grandmother Alice Marie Johnson, and continuing to pursue her education.
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And when it does happen, the company will likely be making its entire lineup more iPhone X-like, complete with notches, instead of making radical upgrades to the design.
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HSBC Mexico's IDRs are sensitive to changes in Mexico's sovereign rating on the down side, since its ratings are at the maximum uplift of two notches above the sovereign.
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The deluge of knockoff notches got started early with the Leagoo S2300 last year, and today we can add the upcoming Noa N2375 to the category of wannabe iPhones.
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For all his bragging, cunning and magical skills, he seems to be aware that, as demigods go, he's really a few notches down the scale — possibly only a quasi.
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Saudi Arabia was cut by two notches to A- from A+ stable while Bahrain lost its investment grade status; Oman was lowered to the last rating above junk status.
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Here's the before and after, courtesy of Android Police: Huawei has done well here, as handling notches has become a bit of a burden for Android OEMs and developers.
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If overcollateralisation in the programme fell to the legal minimum (5%) stipulated under the Korean Covered Bond Act the rating on the covered bonds would fall by three notches.
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Between new features like a pop-up selfie cam, a stunning display without any notches or cutouts, triple rear cameras, and that higher price tag, the whole David vs.
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There's no notches or cutouts to distract from that gorgeous display, and the remaining slivers of bezel are nicely balanced, giving the phone a stately, poised sort of look.
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Pemex has faced mounting scrutiny from investors since its credit rating was cut two notches by Fitch Ratings in late January, putting it just one level above junk status.
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This year, that tension has been ramped up several notches as the year-end ritual comes on the heels of the debacle over Samsung's flagship Galaxy Note 7 smartphone.
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Greece announced the 83-year syndicated bond sale on Monday, cashing in on a rally that followed Moody's upgrade of the country by two-notches to B28 on Friday.
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The preferred securities of TD Capital Trust III, IV and Northgroup Preferred Capital Corporation are five notches from TD's VR given management and regulatory authorities' powers to suspend dividends.
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That report indicated that Apple's display suppliers are developing full screens without notches, and that Apple's new iPhones in 2021 are likely to come with in-screen fingerprint sensors.
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The PCU is unchanged at six notches and reflects the strength of liquidity protection in place in the form a 12-month extension period on the soft-bullet bond.
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The preferred securities of Scotia Bank Capital Trust are trust preferred securities, which Fitch gives five notches from BNS's VR given management and regulatory authorities' powers to suspend dividends.
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To capture this extreme form of country risk, the rating of the bonds is constrained at three notches above the Russian sovereign Long-term Issuer Default Ratings (BBB-/Negative).
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Rookie Laine notches hat trick, Jets shred Stars WINNIPEG — Remember when Auston Matthews was the runaway favorite to win the Calder Trophy after the first game of the season?
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To capture this extreme form of country risk, the rating of the bonds is constrained at three notches above the Russian sovereign Long-Term Issuer Default Rating (BBB-/ Positive).
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But the third season still manages to kick its production design up several notches, showing off the level of care, detail, and pointed humor that's come to define BoJack.
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In 2015, a wave of downgrades pushed utilities' debt to mid-BBB level, two notches above non-investment grade and S&P keeps most big firms on negative outlook.
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Price notches 250th win as Candiens halt Capitals WASHINGTON — One night after a getting pulled in a loss, Montreal goalie Carey Price bounced back to collect a milestone win.
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Although Moody's maintained its rating at Baa2, just two notches above junk status, it said the outlook had dimmed, with the chances of meaningful economic and fiscal reform receding.
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Standard & Poor's Ratings Service stripped Britain of its last remaining triple-A credit rating, on Monday chopping it two notches to double-A and warning more downgrades could follow.
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In view of the safeguards, Fitch views a rating differential of three notches from the sponsor (France; AA/Stable/F1+) is appropriate as a rating floor for French PHEs.
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Memphis has raised its level of play on offense a few notches, averaging 82 points in the last three games after routing both Tulsa and Tulane in the tournament.
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Pemex is facing mounting scrutiny from investors after its credit rating was cut two notches by Fitch Ratings in late January, putting it just one level above junk status.
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If you're looking for stocking stuffers and want to step it up a few notches from the drugstore checkout line bits and bobs, you've come to the right place.
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The meanness has been dialed down several notches – there's no assistant getting toyed with by a pterodactyl this time – and the special effects look many orders of magnitude better.
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In a rare move, the firm raised its rating two notches to outperform from underperform for Nvidia shares, citing the strength of its artificial intelligence and cloud computing markets.
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However, the IDRs are three notches below that of VEB due to: (i) the banks' limited strategic importance for VEB and (ii) VEB's stated intention to sell the banks.
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High trigger contingent capital Tier 2 issued by BB plc are rated four notches below the VR of B plc as their terms reference group capitalisation and dividend payments.
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If Netflix notches its first such triumph, "the game changes forever," said Marty Kaplan, the Norman Lear professor of entertainment, media and society at the University of Southern California.
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UBS AG (UBS) Covered Bonds The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) UBS's IDR is downgraded by 7 or more notches to 'BB+' or below; or (ii) the combined number of notches represented by the IDR uplift and the PCU is reduced from eight to one or lower;; or (iii) the AP that Fitch considers in its analysis increases above Fitch's new 'AAA' breakeven level of 87%.
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Fitch has assigned BNPP PS SCF a PCU of five notches, based on the public sector programme's pre-maturity reserve, available to cover six-month of principal and interest payments on the OF. We have assigned CAFFIL a PCU of three notches, based on the liquidity protection considered for the OF, in the form of the available liquid assets in the public sector cover pool and the additional mechanisms available to the SCF.
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Bobby ScottRobert (Bobby) Cortez ScottBlack voters propel Biden to big wins in Virginia, NC, Alabama Spanberger endorses Biden amid Virginia primary victory Biden notches major win in Virginia primary MORE (D-Va.), Jennifer WextonJennifer Lynn WextonBlack voters propel Biden to big wins in Virginia, NC, Alabama Biden notches major win in Virginia primary Polls show big bounce to Biden ahead of Super Tuesday MORE (D-Va.), Don Beyer (D-Va.) and former Gov.
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RATING SENSITIVITIES The 'AAA' rating of Lloyds's mortgage covered bonds is vulnerable to a downgrade if any of the following occurs: (i) the bank's Long-Term IDR is downgraded by six notches to 'BB+' or below; or (ii) the number of notches represented by the IDR uplift, the PCU and the recovery uplift is reduced to three or lower; or (iii) the relied-upon AP rises above Fitch's 'AAA' breakeven AP of 103%.
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If the VR is upgraded to 'bb', the perpetual notes will be affirmed and the notching widened to four notches, in line with Fitch's criteria on rating hybrid capital instruments.
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READMEThe Nokia 2060 doesn't seem to have an option to hide the cutout with black bars on either side, so you better like notches (or third party notch hiding apps).
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IDR Uplift The IDR uplift remains at zero notches as Australia does not have a specific advanced bank-resolution regime and covered bonds are not explicitly exempt from bail-in.
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While Loews' robust liquidity, considerable asset liquidity, resilient dividend characteristics, favorable investment policy and record, and strong credit metrics provide an additional two notches uplift from the blended income stream.
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Illinois' credit ratings, the lowest among the 50 states, have been downgraded six times since Rauner took office in January 2015 and now are just two notches above junk level.
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If you have serious battery retention problems and are not visually impaired, try enabling the Low Light Zoom filter, which takes your phone's display brightness down a few notches more.
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It's not quite black tie, but it's definitely a few notches above casual, which means we're always teetering on that line of formal dressing that doesn't involve a ball gown.
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The Mi Mix is a higher-end line for Xiaomi, and ever since the original model has always been about achieving the most bezel-free design possible — no notches allowed.
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Sienna Miller, who joined this past June, while Elizabeth Olsen — after becoming privy to the financial joys of sponsored content — turned her posting activity up a few notches this year.
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In the latest update of its closely watched Red List of threatened species, the environmental group also moved Australia's western ringtail possum by two notches from "vulnerable" to "critically endangered".
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In the new approach, the Issuer Default Rating (IDR) is based on the IR plus a credit uplift reflecting support from shareholders; this adjustment will generally not exceed three notches.
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Real estate company Ezdan Holding which had dropped 2.3 percent on Tuesday after Standard & Poor's cut its credit rating by two notches into junk territory, plunged a further 6.5 percent.
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KTB's VR is rated two notches below the other large banks, primarily to reflect its weaker capitalisation and asset quality, as well as lower profitability compared with the other banks.
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He handles it with a card dealer's deftness, searching its surface for divots, notches, ridges—any irregularities that will lend his fingers the purchase they need to clutch it fast.
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Markets are now watching to see if any action will be taken by Fitch Ratings which has rated the company B-plus/Rating Watch Negative, three notches higher than Moody's.
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The six notches also reflect the government bonds (Danish and French bonds rated respectively AAA and AA) held for overcollateralisation (OC) to cover at least three months of interest payment.
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Realkredit Capital Centre T Covered Bonds The mortgage covered bonds of Realkredit (A/Stable/F1) Capital Centre T are rated 'AA+'/Stable, four notches above the bank's Long-Term IDR.
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The primary ratings risk for Mexico comes from the mounting debt of Pemex, which was downgraded two notches by Fitch in late January to their lowest rung of investment grade.
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The preferred securities of TD Capital Trust III, IV and Northgroup Preferred Capital Corporation are five notches from TD's VR also reflect management and regulatory authorities' powers to suspend dividends.
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DFS's preferred stock ratings are rated five notches below DFS's VR of 'bbb+' in accordance with Fitch's assessment of each instrument's respective non-performance and relative loss severity risk profile.
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KEY RATING DRIVERS The notes are rated three notches below AXA's 'A' Issuer Default Rating (IDR), two for a recovery assumption of "Poor" and one for moderate non-performance risk.
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As EDF is 85 percent state-owned, Moody's rates EDF's senior debt two notches and its hybrid debt one notch higher than it would based on its standalone credit quality.
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An upgrade of Generali's ratings is unlikely in the near future given the sovereign constraint at two notches above the sovereign rating, the maximum level possible according to our methodology.
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Moody's and S&P Global, which both rate Italy two notches above junk, are due to provide an updated opinion on Italy's credit rating in the second half of October.
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So far, Mr. Putin may have concluded that the penalties are a small price to pay if he can bring his geopolitical rival down a few more notches, she added.
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That has moved Brazil up two notches since 2017 to fifth on China's supplier list, with 657,000 bpd in the first quarter this year, according to data from China customs.
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As a 'Very Important' subsidiary of Sumitomo, Symetra Life's IFS rating could be downgraded below the parent's IFS rating if its standalone assessment is downgraded by three or more notches.
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On one particularly grim evening, I found myself on one of those massive job search websites, firing off a resumé for a job several notches below what I'd been doing.
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In matching glittering bubble-gum pink uniforms, Serayah led her girl squad as they danced around the stage, taking control of the hum-drum atmosphere and turning it up 20 notches.
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Illinois remains under review by Moody's Investors Service, which rates the state Baa3, one notch above junk, and by Fitch Ratings, which has the state at BBB, two notches above junk.
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Additionally, all the talk about notches takes away from the point of the notch in the first place, which is to give users more screen real estate while slimming down bezels.
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However, further sovereign rating actions could also affect these banks' IDRs, since they are already at the typical maximum uplift for banks with external institutional support, two notches above the sovereign.
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Under Fitch's moderate (103% increase) default stress, the ratings on the class A2, B, C and D notes declined by two notches from the rating assigned to each of these classes.
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But at IFA 2018, the Honor Magic 2 and Xiaomi's Mi Mix 3 suggest that on top of being deeply uncool, there might not be a need for notches at all.
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The notes are rated two notches below SCOR's Long-term Issuer Default Rating (IDR) of 'A+'/Stable, to reflect their subordination and loss absorption features, in line with Fitch's notching criteria.
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Photo: Sam Rutherford (Gizmodo)Now that notches are popping up on just about every new smartphone screen, Apple's next iPhone will need some new tricks to stand out from its competitors.
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But you can try to recover the space on either side of a phone's front sensors, which is precisely the line of thought that gave us notches in the first place.
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The tender was announced hours after S&P downgraded the mining firm two notches to BB, becoming the third rating agency to strip Anglo of an investment-grade rating this week.
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When combined with their side-mounted fingerprint sensors, this means the Honor 9X and 9X Max have almost entirely bezel-less displays, with no display notches or hole-punches in sight.
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"There is reason to celebrate and find joy every day, but on Cielo's birthday, we just have to take that up a few notches," Toth tells PEOPLE of the memorable event.
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Preferred stock is rated five notches below the VR, twice for loss severity, reflecting poor recoveries as the instruments can be converted to equity or written down well ahead of resolution.
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Some of us have seen enough precipitation to ratchet the country up a few notches on the drought monitor meter—we're back to levels that we haven't seen in six years.
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People will quickly learn that all notches are not made equal and this time next year we'll probably be looking at some other disfiguration of Android devices as the latest experiment.
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But all of these smartphone notches become kind of invisible to the naked eye when you actually use the phone for a while, and the Pixel 3 XL is no exception.
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Whether you're hitting up some (very) early holiday extravaganzas or just want to take your winter wardrobe up a few notches, there's an eye-catching patterned piece in the selection ahead.
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I'll believe it when i see it, but Android P is optimized for this wave of new phones with notches, so hopefully LG gets that out fast when the time comes.
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The President gave Mooch his blessing to nuke Reince, but he will likely be pleased to see his new comms director dial back his aggression (and colorful language) a few notches.
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With its large forehead, last year's Pixel 24 looked like a two-year-old mid-ranger, while its bigger brother, the Pixel 24 XL, had one of the largest notches around.
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Realkredit Capital Centre T's covered bonds have been assigned a PCU of three notches based on the programme's liquidity provision, which Fitch has assessed as equivalent to a six months protection.
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At least three-fourths of the Atlantic City bonds Vanguard holds were cut deeper into junk territory by Standard & Poor's Ratings Services on Wednesday to 'CC,' just two notches above default.
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The rating for the University of Illinois, the state's largest system, fell one notch to A after S&P determined it could only be three notches above the state's BBB rating.
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While Singapore continues to rise in the field of innovation, its long-time competitor Hong Kong slipped two notches in World Economic Forum's Global Competitiveness index in 2016 to ninth place.
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"Australia is not getting a big advantage in terms of funding costs," Jolly said, noting neighbor New Zealand paid much the same in global markets but was rated two notches lower.
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A few notches above the middle on an iPhone or Android device's volume control is all the loudness I need inside the sanctum of silence provided by a custom monitor's design.
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HONG KONG, Nov 20203 (Reuters) - Fitch Ratings cut commodity trader Noble Group's debt rating on Friday to two notches above default, citing the company's commencement of discussions on a debt restructuring.
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But now, Carla Hall's taste of Nashville, notably the hot chicken at various notches up the Scoville scale depending on the chile treatment, is about to be fully up and running.
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The listing was always expected to be a complex affair because of China's tight control of cross-border share trading, but Hong Kong's unrest has taken the complexity several notches higher.
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In accordance with Fitch's criteria for assessing and rating bank subordinated and hybrid securities, the rating for Landshypotek's Additional Tier 1 capital notes is five notches below Landshypotek's VR of 'a'.
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Fitch Ratings this month downgraded the property firm by two notches to a junk rating, citing its inability to access offshore funding channels to boost its liquidity in a timely manner.
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In 2012, Rizo was having lunch with a newly-hired colleague in the math department who told her his starting pay was several notches higher than hers on the Fresno scale.
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It really is edge to edge: There are no cut-outs for the selfie camera, which means no notches (looking at you, Apple) and no hole punches (looking at you, Samsung).
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Our standing in the world and ability to exercise leadership when we want to will come down a few notches—maybe permanently, because we're not projecting ourselves as a trustworthy country.
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In the World Press Freedom Index compiled by the human rights group Reporters Without Borders, South Korea was ranked 43rd of 180 countries this year, rising 20 notches from last year.
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But even if Biden notches an outsize win in the Palmetto State on Saturday, he still faces a set of challenges on Super Tuesday, when 14 states will hold their primaries.
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Bobby ScottRobert (Bobby) Cortez ScottBlack voters propel Biden to big wins in Virginia, NC, Alabama Spanberger endorses Biden amid Virginia primary victory Biden notches major win in Virginia primary MORE (D).
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Instead, Mr. Peers's smart libretto adopts a process that peels away his title character's contradictions, unreliable memories, half-lies and compromising admissions in a way that subtly notches up the pathos.
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He'll listen to it over and over, sometimes for years, until he knows all its notches and grooves, every dynamic change, all the subtle modulations of mood it provokes in him.
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Telkom's standalone profile is at least two notches higher than its IDR, given its strong market position in Indonesia's fixed-line and mobile markets, wide EBITDA margins and low net leverage.
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RATING SENSITIVITIES As Valencia's IDR are supported by the 'BBB-' rating floor for Spanish autonomous communities, they would be downgraded of at least by two notches if the floor is removed.
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Giannis has responded to last season's playoff disappointment in the Eastern Conference finals, along with a rough FIBA summer with the Greek national team, by taking his game up multiple notches.
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Its credit ratings assigned by the three major agencies - Moody's, Fitch and S&P - are at the low end of investment grade, between one and two notches above Portugal's sovereign rating.
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"It takes years to build up brand equity and trust, but only one major product recall to knock a vendor down a couple of notches," he told me in an email.
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RATING SENSITIVITIES Credit Suisse AG (CS) Covered Bonds The 'AAA' rating would be vulnerable to downgrade if any of the following occurs: (i) CS's IDR is downgraded by 3 or more notches to 'BBB' or below; or (ii) combined number of notches represented by the IDR uplift and the PCU is reduced from six to three or lower; or (iii) the AP that Fitch considers in its analysis increases above Fitch's new 'AAA' breakeven level of 86%.
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KEY RATING DRIVERS The covered bonds' rating is based on Coventry's Long-Term Issuer Default Rating (IDR) of 'A', an unchanged IDR uplift of two notches, an unchanged payment continuity uplift (PCU) of six notches and the 79.3% asset percentage (AP) that Fitch gives credit to, which provides more protection than the 87.5% 'AAA' breakeven AP. The latter supports a 'AA+' tested rating on a probability of default basis and a one-notch recovery uplift (RU) to 'AAA'.
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KEY RATING DRIVERS The covered bonds' rating is based on Lloyds's Long-Term Issuer Default Rating (IDR) of 'A+', an unchanged IDR uplift of two notches, an unchanged payment continuity uplift (PCU) of six notches and the 84.2% asset percentage (AP) that Fitch gives credit to, which provides more protection than the 92.5% 'AAA' breakeven AP. The latter supports a 'AA+' tested rating on a probability of default basis and a one-notch recovery uplift (RU) to 'AAA'.
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You can bemoan the loss of hardware buttons, and ugly display notches all you want, but these trends need to be addressed at the software level if you want a good experience.
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S&P placed Casino's long-term 'BBB-' and short-term "A3" debt ratings on credit watch on Friday, saying it may lower the long-term ratings "by not more than two notches".
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Ratings agency Standard & Poor's cut the U.K.'s credit rating on Monday by two notches, from AAA to AA, citing last week's referendum that approved a British exit from the European Union.
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The Vivo Nex S smartphone caused a stir for doing away with bezels and notches in favor of a pop-up selfie camera that's hidden in the top edge of the phone.
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If you look at Android One's website right now, you'll find a solid range of devices with different designs, display sizes (some with notches and some without), aspect ratios, and core features.
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Yemi Osinbajo, the vice-president, issued a series of executive orders in May in an effort to move Nigeria up a few notches on the World Bank's ease of doing business index.
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Back to polarizing changes, though: the status bar has been rearranged to better accommodate phones with notches (which apparently is going to be damn near all of them not made by Samsung).
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KEY RATING DRIVERS The OFH are rated 'AAA', four notches above BNP Paribas SA's (BNPP) Long-Term Issuer Default Rating (IDR) of 'A+', which acts as the reference IDR for this programme.
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The rating of the subordinated debt at 'B/RR6' is two-notches below NewStar's Long-Term IDR, reflecting Fitch's assessment of the instrument's respective non-performance and relative loss severity risk profile.
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But then, as your eyes get accustomed to all that, you realize the OnePlus 7 Pro doesn't have any notches, punch holes, or other distractions to take away from that lovely display.
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In February 2018, China's Vivo was one of the first companies to show a phone that's literally all screen on the front — no notches for the selfie camera, thin bezels all around.
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Moody's Investors Service has assigned a rating of Ba3 to the new notes, three notches into junk territory, which is the same rating the agency has given the company as a whole.
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Fitch believes that the company benefits operationally and financially from being part of a larger and financially stronger group, thus Mitsui Life is rated two notches above its standalone rating of 'BBB+'.
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Copious older footage and animated re-creations of events (these are several quality notches above today's norm) fill in an account that's heavy on rock 'n' roll, drugs and near-constant clashes.
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