VEREIT Operating Partnership, L.P.: --Unsecured revolving credit facility 'BBB-'; --Senior unsecured term loan 'BBB-'; --Senior unsecured notes 'BBB-'; --Senior unsecured convertible notes 'BBB-'.
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GPT Operating Partnership LP --Senior unsecured revolving credit facility at 'BBB'; --Senior unsecured term loans at 'BBB'; --Senior unsecured notes at 'BBB'; --Senior unsecured convertible notes at 'BBB'.
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Walgreen Co. --Unsecured revolver (as co-borrower) 'BBB'; --Unsecured term loan (as co-borrower) 'BBB'; --Unsecured bonds 'BBB'.
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Essex Portfolio, L.P. --IDR 'BBB+'; --Unsecured line of credit 'BBB+'; --Senior unsecured term loan 'BBB+'; --Senior unsecured notes 'BBB+'.
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Spirit Realty L.P. --Senior unsecured revolving credit facility at 'BBB-'; --Senior unsecured term loan at 'BBB-'; --Senior unsecured notes at 'BBB-'.
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Life Storage LP --IDR at 'BBB'; --Unsecured revolving credit facility at 'BBB'; --Unsecured term notes at 'BBB'; --Unsecured bonds at 'BBB'.
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American Assets Trust, L.P. --Long-Term IDR 'BBB'; --$250 million unsecured credit facility at 'BBB'; --$100 million unsecured term loan A at 'BBB'; --$100 million unsecured term loan B at 'BBB'; --$50 million unsecured term loan C at 'BBB'; --$800 million unsecured notes at 'BBB'.
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Unsecured-assets/unsecured-debt sustained below 21011163x may lead to a negative rating action on the senior unsecured debt (231x in 1H16).
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GPT Property Trust LP: --Senior unsecured revolving credit facility at 'BBB'; --Senior unsecured term loans at 'BBB'; --Senior unsecured notes at 'BBB'.
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Terreno Realty LLC --IDR 'BBB-'; --Senior unsecured revolving line of credit 'BBB-'; --Senior unsecured term loan 'BBB-'; --Senior unsecured private placement notes 'BBB-'.
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Mid-America Apartments, L.P.: --IDR at 'BBB+'; --Unsecured Revolving Credit Facility at 'BBB+'; --Senior Unsecured Term Loans at 'BBB+'; --Senior Unsecured Notes at 'BBB+'.
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Pro forma for the issuance, total funded debt is $2.8 billion and consists of: --$1 billion senior unsecured revolving credit facility due 2019(undrawn); --$103 million senior unsecured term loan due 2022; --$250 million 2.875% senior unsecured notes due 2018; --$750 million 5.375% senior unsecured notes due 2019; --$400 million 3.600% senior unsecured notes due 0003; --$250 million 4.500% senior unsecured notes due 2023; --New $500 million senior unsecured notes with 5-year maturity; --New $350 million senior unsecured notes with 10-year maturity; --$10 million of capital leases and other obligations.
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Brixmor Operating Partnership, L.P. --Long-term IDR at 'BBB-'; --Senior unsecured revolver at 'BBB-'; --Senior unsecured term loans at 'BBB-'; --Senior unsecured notes at 'BBB-'.
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Washington Prime Group Limited Partnership --IDR at 'BBB-'; --Senior unsecured revolving credit facility at 'BBB-'; --Senior unsecured term loans at 'BBB-'; --Senior unsecured notes at 'BBB-'.
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STAG Industrial Operating Partnership, L.P. --IDR at 'BBB'; --Senior unsecured revolving credit facility at 'BBB'; --Senior unsecured notes at 'BBB'; --Senior unsecured term loans at 'BBB'.
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GPT continues its evolution toward a more unsecured funding model and has multiple unsecured borrowings outstanding but, to date has not issued any public unsecured notes.
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Manafort has a $10 million unsecured bond, while Gates' is $5 million unsecured.
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Mack-Cali Realty, L.P. --IDR at 'BB+'; --Unsecured revolving credit facility at 'BB+'/'RR4'; --Senior unsecured term loans at 'BB+'/'RR13'; --Senior unsecured notes at 'BB+'/'RR4'.
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Sprint's existing unsecured credit facilities benefit from upstream unsecured guarantees from all material subsidiaries.
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Prior to the company's inaugural private unsecured notes placement, STAG's unsecured borrowings were limited to three bank term loans, as well as drawdowns under the company's unsecured revolver.
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SENIOR UNSECURED DEBT GIB's senior unsecured debt rating is aligned with the bank's LT IDR.
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Other unsecured borrowings include the $250 million revolver and two $100 million unsecured term loans.
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The unsecured credit facilities at Sprint benefit from upstream unsecured guarantees from all material subsidiaries.
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The unsecured junior guaranteed debt is senior to the unsecured notes at Sprint Communications Inc.
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SENIOR UNSECURED DEBT ABC's senior unsecured debt rating is aligned with the bank's LT IDR.
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Boston Properties, L.P. --IDR at 'BBB+'; --Unsecured revolving credit facility 'BBB+'; --Senior unsecured notes 'BBB+'.
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Simon Property Group, L.P. --Long-term IDR 'A'; --Short-term IDR 'F2908'; --Senior unsecured revolving credit facilities 'A'; --Senior unsecured term loan 'A'; --Senior unsecured notes 'A'; --CP notes 'F20278'.
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Improving Unsecured Capital Access: Fitch continues to view TRNO as a less established unsecured bond issuer.
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US dollar unsecured notes totalled USD6.25 billion and US dollar unsecured bank loans were USD1.15 billion.
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Prologis Tokyo Finance Investment Limited Partnership --Senior unsecured guaranteed notes to 'BBB+' from 'BBB'; --Senior unsecured revolving credit facility to 'BBB+' from 'BBB'; --Senior unsecured term loan to 'BBB+' from 'BBB'.
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Fitch currently rates Flowers Foods as follows: --Issuer Default Rating (IDR) at 'BBB'; --Senior unsecured revolving credit facility at 'BBB'; --Senior unsecured term loan at 'BBB'; --Senior unsecured notes at 'BBB'.
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Mid-America Apartments, L.P. --IDR to 'BBB+' from 'BBB'; --Unsecured revolving credit facility to 'BBB+' from 'BBB'; --Senior unsecured term loans to 'BBB+' from 'BBB'; --Senior unsecured notes to 'BBB+' from 'BBB'.
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Fitch expects GPT to continue its evolution toward a fully unsecured funding model; GPT currently has four series of unsecured notes totalling $500 million and $1.45 billion of unsecured term loans outstanding.
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FULL LIST OF RATING ACTIONS Fitch has affirmed HR's ratings as follows: --IDR at 'BBB'; --Unsecured line of credit at 'BBB'; --Senior unsecured term loan at 'BBB' ; --Senior unsecured notes at 'BBB'.
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US dollar unsecured notes totalled USD4.75 billion and US dollar unsecured bank loans amounted to USD1.5 billion.
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There is an up to £16bn unsecured bridge loan and an up to £7bn unsecured term loan.
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Fitch has affirmed the following ratings: TTX Company --Long-term IDR at 'A-'; --Senior unsecured revolving credit facility at 'A-'; --Senior unsecured medium term note program at 'A-'; --Senior unsecured notes at 'A-'.
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The notes are GWAMCI's senior unsecured obligations, and rank pari passu with all its other senior unsecured obligations.
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Senior unsecured Eurobonds (USD1 billion in total) and unsecured bank loans are structurally subordinated to the secured PXF.
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The unsecured junior guaranteed debt is senior to the unsecured notes issued by Sprint Corporation, Sprint Communications Inc.
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The notes are senior unsecured obligations of HII and rank pari passu with its other senior unsecured obligations.
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Fitch has also affirmed Longfor's foreign-currency senior unsecured rating and its outstanding senior unsecured notes at 'BBB-'.
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Fitch has also affirmed the issue specific ratings for EA's unsecured credit facility and unsecured notes at 'BBB'.
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Fitch rates Quest as follows: --Long-Term IDR 'BBB'; --Senior unsecured bank facility 'BBB'; --Senior unsecured notes 'BBB'.
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Bunge Finance Europe B.V. (BFE) --Long-Term IDR 'BBB'; --Senior unsecured bank facility 'BBB'; --Senior unsecured notes 'BBB'.
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The notes will be COAMI's senior unsecured obligations and rank pari passu with its other senior unsecured obligations.
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Total debt as of March 31, 2017 is approximately $3 billion and consists of: --$19 million of capital leases; --$1.5 billion senior unsecured revolver debt due March 0003 ($0 outstanding); --$503 million senior unsecured term loan debt due March 2019; --$700 million senior unsecured term loan debt due November 2021; --$53 million of euro denominated senior unsecured term loan debt due September 2020; --$107 million of euro denominated senior unsecured term loan debt due January 2022; --$13 million of 4.625% senior unsecured notes due February 2020; --$500 million of 5.000% senior unsecured notes due February 2023; --$600 million of 4.750% senior unsecured notes due June 2025; FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: Flex Ltd.
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The senior unsecured offering will be in seven tranches: senior unsecured fixed rate notes due in 2023, 2024, 2027, 2037, 2050 and 2058 as well as senior unsecured floating rate notes due in 0003.
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The potential negative effects of Master Trusts for unsecured bondholders include incentives for the company to support Master Trust debt in favor of unsecured financing and potential for overcollateralization weakening contingent liquidity for unsecured bondholders.
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FULL LIST OF RATING ACTIONS Fitch currently rates EPR as follows: EPR Properties --Issuer Default Rating 'BBB-'; --Unsecured Revolving Line of Credit 'BBB-'; --Senior Unsecured Term Loan 'BBB-'; --Senior Unsecured Notes 'BBB-'; --Preferred Stock 'BB'.
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Transition to Unsecured Funding Profile To date, the company has only issued three series of private-placement unsecured notes.
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The notes will be senior unsecured obligations of COAMI and rank pari passu with its other senior unsecured obligations.
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CBNA has issued $1.5 billion 2% fixed-rate unsecured senior debt and $1 billion floating-rate unsecured senior debt.
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Transition to Unsecured Funding Profile To date, the company has only issued four series of private placement unsecured notes.
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The notes will be HII's senior unsecured obligations and rank pari passu with all other unsecured and unsubordinated obligations.
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The agency has simultaneously assigned TWM's unsecured debt class rating and ratings on outstanding unsecured bonds at 'AA(twn)'.
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Fitch currently rates Western Union as follows: --Long-Term IDR 'BBB+'; --Senior unsecured 'BBB+'; --Senior unsecured credit facility 'BBB+'; --Senior unsecured $575 million term loan due 13 'BBB+' --Short-Term IDR 'F2'; --Commercial paper program 'F2'.
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Fitch has assigned the following ratings: --$20153 billion senior unsecured term loan 'BBB-'; --New $22015 billion senior unsecured notes 'BBB-'.
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Fitch expects TMCC will look to issue unsecured debt to refinance a portion of senior unsecured debt maturities in FY18.
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Fitch has assigned the following ratings: --New $500 million senior unsecured notes 'BBB+'; --New $13 million senior unsecured notes 'BBB+'.
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Host Hotels & Resorts, L.P. --Long-Term IDR at 'BBB'; --Senior unsecured credit facility at 'BBB'; --Senior unsecured notes at 'BBB'.
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Unsecured assets can provide additional liquidity to REITs as unsecured assets can be sold if needed in times of stress.
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Fitch has assigned the following ratings: --Senior unsecured notes due 216 at 'BBB'; --Senior unsecured notes due 173 at 'BBB'.
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Fitch also affirmed Pertamina's senior unsecured rating, USD10bn global medium-term note programme and existing senior unsecured notes at 'BBB-'.
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SENIOR UNSECURED DEBT The senior unsecured debt rating is sensitive to the same considerations that might affect ABC's LT IDR.
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Mack-Cali Realty, L.P. --IDR at 'BB+'; --Unsecured revolving credit facility at 'BB+'/'RR4'; --Senior unsecured notes at 'BB+'/'RR2908'.
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There is an up to £2238bn 212.50-day unsecured bridge loan and an up to £223bn of unsecured term loans.
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FULL LIST OF RATING ACTIONS Fitch currently rates O as follows: Realty Income Corporation --Long-Term Issuer Default Rating 'BBB+'; --Unsecured revolving credit facility 'BBB+'; --Senior unsecured term loans 'BBB+'; --Senior unsecured notes 'BBB+'; --Preferred stock 'BBB-'.
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Fitch currently rates Cencosud S.A. as follows: --Long-Term Foreign Currency Issuer Default Rating (IDR) 'BBB-'; --Long-Term Local Currency IDR 'BBB-'; --USD750 million unsecured notes due in 13 'BBB-'; --USD1.2 billion unsecured notes due in 2023 'BBB-; --USD650 million unsecured notes due in 2025 'BBB-; --USD350 million unsecured notes due in 2045 'BBB-'.
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The upcoming maturities are all secured debt with the exception of $1.9 billion of unsecured notes maturing in 2019; the terms of the unsecured note indentures do limit the company's ability to refinance unsecured debt with secured debt.
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Fitch has also assigned Longfor a foreign-currency senior unsecured rating of 'BBB-' and its outstanding senior unsecured notes 'BBB-' ratings.
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The notes will be senior unsecured obligations of XII and rank pari passu with all other senior unsecured obligations of XII.
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SENIOR UNSECURED DEBT The senior unsecured debt rating is broadly sensitive to the same considerations that might affect GIB's LT IDR.
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Other unsecured borrowings include the $21000 million revolver and three unsecured term loans with a combined principal amount of $212000 million.
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The notes will be senior unsecured obligations of OCC and rank pari passu with all other senior unsecured obligations of OCC.
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FULL LIST OF RATING ACTIONS Fitch affirms the ratings for LOL and its subsidiary, Land O'Lakes Capital Trust as follows: LOL -- Long-Term Issuer Default Rating (IDR) at 'BBB-'; -- Senior unsecured credit facility at 'BBB-'; -- Senior unsecured term loan at 'BBB-'; -- Senior unsecured private placement notes at 'BBB-'; -- Senior unsecured notes at 'BBB-'; -- Preferred stock at 'BB-'.
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LOL's capital structure consists of a $575 million unsecured credit facility due March 0003, $150 million senior unsecured term loan due August 2021, $170 million in senior unsecured private placement notes due 2018 through 2021, $300 million unsecured notes due August 2022, $200 million term loan due 2027 and a $13 million receivables securitization facility due March 2020.
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The senior unsecured debt rating is equalized with CIT's IDR of 'BB+' reflecting that existing notes are senior unsecured obligations of the company that rank equally in payment priority with all existing and future unsubordinated unsecured indebtedness of CIT.
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The notes will be senior unsecured obligations of Xiangyu Investment and rank pari passu with all of its other senior unsecured obligations.
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The notes are rated at the same level as Longfor's senior unsecured rating as they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as LVGEM's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as Guorui's senior unsecured rating because they represent its direct and senior unsecured obligations.
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The proposed notes are rated at the same level as Evergrande's senior unsecured rating as they constitute direct and senior unsecured obligations.
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The notes are rated at the same level as eHi's senior unsecured rating as they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as CSC's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as Shimao's senior unsecured rating as they constitute its direct and senior unsecured obligations.
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The ratings of the senior unsecured debt are also sensitive to the level of unencumbered balance sheet assets available for unsecured creditors.
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Arch Capital Finance LLC --$13 million 4.011% senior unsecured notes due 2026 'BBB+'; --$450 million 5.031% senior unsecured notes due 2046 'BBB+'.
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The notes are rated at the same level as Logan's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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Fitch has also affirmed the senior unsecured rating on Huayi's USD350m senior unsecured notes due 2019 issued by Huayi Finance I Ltd.
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The notes will be senior unsecured obligations of Huarong International and will rank pari passu with all its other senior unsecured obligations.
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The bonds constitute the company's direct, unconditional, unsubordinated and unsecured obligations and rank pari passu with all its other senior unsecured obligations.
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The notes are rated at the same level as Yida's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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Transition to Unsecured Funding Model: As of 2Q17, approximately 80% of GPT's outstanding indebtedness is unsecured, up from 65.3% as of Dec.
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The notes will be senior unsecured obligations of GMHK and also rank pari passu with all other senior unsecured obligations of GMHK.
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The notes are rated at the same level as KWG's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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Fitch estimates leverage, pro forma for the repayment of 21CFA's $200 million of senior unsecured note due October 2015 and issuance of $400 million of senior unsecured notes due 2045 and $600 million of senior unsecured notes due 2025, is 3x.
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SL Green Operating Partnership, L.P. --IDR to 'BBB' from 'BBB-'; --Senior unsecured revolving credit facility to 'BBB' from 'BBB-'; --Senior unsecured term loan to 'BBB' from 'BBB-'; --Senior unsecured notes to 'BBB' from 'BBB-'; --Junior subordinated notes to 'BBB-' from 'BB+'.
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Improving Capital Access STAG's issuances of senior unsecured notes in July 33711, December 3371212, February 33710003 and December 33710278 have been important milestones in the company's transition to a predominantly unsecured borrowing strategy, evidencing broader access to unsecured debt capital.
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FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: EPR Properties --Issuer Default Rating at 'BBB-'; --Unsecured revolving line of credit at 'BBB-'; --Senior unsecured term loan at 'BBB-'; --Senior unsecured notes at 'BBB-'; --Preferred stock at 'BB'.
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The notes are rated at the same level as GWTH's senior unsecured rating because they constitute the company's direct and senior unsecured obligations.
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The bond is rated at the same level as Huiyuan Juice's senior unsecured rating as it represents its direct and senior unsecured obligations.
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The notes are rated at the same level as ASRI's senior unsecured rating as they represent the company's unconditional, unsecured and unsubordinated obligations.
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The proposed notes are rated at the same level as Yango's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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The senior unsecured debt ratings of RosCap are aligned with its IDR, as they represent direct, unconditional and unsecured obligations of the bank.
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Fitch has also affirmed BWA's unsecured credit facility and senior unsecured notes ratings at 'BBB+' and Commercial Paper (CP) program rating at 'F2'.
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BWA's ratings apply to a $1.2 billion unsecured revolving credit facility, $2.1 billion in senior unsecured notes and a $2123 billion CP program.
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The notes are rated at the same level as Aoyuan's senior unsecured rating because they constitute the company's direct and senior unsecured obligations.
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The proposed notes are rated at the same level as Evergrande's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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Trump reportedly replaced his old unsecured Android smartphone with a secured iPhone, but continued using the unsecured phone for tweeting through late March.
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The notes are rated at the same level as Future Land's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as Yuzhou's senior unsecured rating because they constitute the company's direct and senior unsecured obligations.
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The notes are rated at the same level as Sunac's senior unsecured rating because they represent the company's direct and senior unsecured obligations.
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The notes are rated at the same level as Shougang's senior unsecured rating as they represent its direct, unconditional, unsecured and unsubordinated obligations.
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The proposed notes are rated at the same level as eHi's senior unsecured rating as they constitute its direct and senior unsecured obligations.
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The notes are rated at the same level as Pakuwon's senior unsecured rating as they represent the company's unconditional, unsecured and unsubordinated obligations.
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SENIOR DEBT The 'BBB+' ratings on the senior unsecured notes of BSB are driven by the bank's Long-Term IDR, as they are direct, unsubordinated and unsecured obligations of the bank, and rank equally with all their other unsecured and unsubordinated obligations.
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The notes are rated at the same level as Jababeka's senior unsecured debt rating, as they represent the company's unconditional, unsecured and unsubordinated obligations.
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The senior unsecured rating of 'A-' and ratings on the senior unsecured notes issued by Wharf Finance Limited have also been placed on RWN.
|
|
The notes are rated at the same level as Yuzhou's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
This is because they constitute direct, unsubordinated and senior unsecured obligations of Bank DKI and rank equally with its other unsecured and unsubordinated obligations.
|
|
The notes are rated at the same level as Xinyuan's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
The notes are rated at the same level as Modernland's senior unsecured rating as they represent unconditional, unsecured and unsubordinated obligations of the company.
|
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The notes are rated at the same level as Aoyuan's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
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The notes are rated at the same level as Lippo's senior unsecured rating as they represent unconditional, unsecured and unsubordinated obligations of the company.
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The notes are rated at the same level as Shougang's senior unsecured rating as they represent the company's direct, unconditional, unsecured and unsubordinated obligations.
|
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The notes are rated at the same level as Tahoe's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
This is because they constitute direct, unsubordinated and senior unsecured obligations of ASF and rank equally with all its other unsecured and unsubordinated obligations.
|
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The company also aims to convert $2.3 billion of unsecured bonds and other unsecured claims into approximately 15 percent of the post-restructured equity.
|
|
The notes are rated at the same level as Modernland's senior unsecured rating, as they represent unconditional, unsecured and unsubordinated obligations of the company.
|
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The proposed notes are rated at the same level as Huiyuan Juice's senior unsecured rating as they constitute its direct and senior unsecured obligations.
|
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Arch Capital Finance LLC --$500 million 4.011% senior unsecured notes due 2026 at 'BBB+'; --$450 million 5.031% senior unsecured notes due 2046 at 'BBB+'.
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CLI's unencumbered asset coverage of unsecured debt (UA/UD) is adequate for the 'BB+' rating at 1.9x based on a stressed 9% capitalization rate and including the company's $350 million unsecured term loan issuance net of $200 million of January 2016 unsecured bond maturities.
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FULL LIST OF RATING ACTIONS Fitch has affirmed and withdrawn the following ratings: Brandywine Realty Trust --IDR at 'BBB-' Brandywine Operating Partnership, L.P. --IDR at 'BBB-'; --Senior unsecured line of credit at 'BBB-'; --Senior unsecured term loans at 'BBB-'; --Senior unsecured notes at 'BBB-'.
|
|
Detecting unsecured printers, or any unsecured device for that matter, is relatively easy thanks to tools like Shodan, a search engine for internet-connected devices.
|
|
The proposed notes are rated at the same level as JPL's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
This is because the notes constitute direct, unconditional and unsecured obligations of the banks, and rank equally with all their other unsecured and unsubordinated obligations.
|
|
The notes are rated at the same level as Modern Land's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
WEA Finance LLC, Westfield UK & Europe Finance PLC, WCL Finance PTY LTD --Senior unsecured guaranteed revolving credit facility 'BBB+'; --Senior unsecured guaranteed term loan 'BBB+'.
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|
The notes are rated at the same level as Times Property's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
Simon Property Group, L.P. --Long-term IDR 'A'; --Short-term IDR 'F1'; --Senior unsecured revolving credit facilities 'A'; --Senior unsecured notes 'A'; --CP notes 'F1'.
|
|
Tyco International Finance S.A. --Long-term IDR 'A-'; --Senior unsecured revolving credit facilities 'A-'; --Senior unsecured notes 'A-'; --Short-term IDR 'F217'; --Commercial paper 'F22015'.
|
|
This is because the notes constitute direct, unsubordinated and unsecured obligations of the bank, and rank equally with all its other unsecured and unsubordinated obligations.
|
|
The notes are rated at the same level as KT's senior unsecured rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
|
|
Unsecured SME Recoveries Recoveries from unsecured SME claims are calculated as the lower of a Fitch-derived recovery cap and the servicer business plan expectation.
|
|
This is because such instruments constitute direct, unsubordinated and unsecured obligations of the entities, and rank equally with all their other unsecured and unsubordinated obligations.
|
|
The notes are rated at the same level as Greenland's senior unsecured rating because they constitute direct, unsubordinated and senior unsecured obligations of the company.
|
|
" At the same time, the agency downgraded Noble's senior unsecured rating and the ratings on all its outstanding senior unsecured notes to "CCC" from "B-.
|
|
Releasing the lien rendered part of the loan unsecured, allowing a trustee working for unsecured creditors of GM to try to claw the money back.
|
|
The notes are rated at the same level as Country Garden's senior unsecured rating because they constitute direct and senior unsecured obligations of the company.
|
|
Pro forma for September 2016 maturities, total debt as of July 2, 2016 consists of: --$1.25 billion senior unsecured revolving credit facility due 2019 ($150 million drawn); --$300 million 5.875% senior unsecured notes due 173; --$350 million 4.875% senior unsecured notes due 2022; --$21 million 2212% senior unsecured notes due 2908; --$20540 million senior secured accounts receivable securitization ($221 million drawn); --$22016 million of other debt.
|
|
FULL LIST OF RATING ACTIONS Fitch affirms Bio-Rad's ratings as follows: --IDR at 'BBB-'; --Senior unsecured notes at 'BBB-'; --Senior unsecured bank facility at 'BBB-'.
|
|
Abans' senior unsecured debt is rated at the same level as its National Long-Term Rating, as the debentures rank equally with other senior unsecured obligations.
|
|
The notes are rated as the same level as KDX's senior unsecured debt rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
|
|
The one-notch difference between Yango's senior unsecured rating and its Long-Term Issuer Default Rating reflects the subordination of its unsecured debt to secured debt.
|
|
The proposed and existing notes are rated at the same level as GOHL's senior unsecured rating as they represent its direct, unconditional, unsecured and unsubordinated obligations.
|
|
This is because they will constitute direct, unsubordinated and senior unsecured obligations of Bank Jambi and rank equally with all its other unsecured and unsubordinated obligations.
|
|
The notes are rated at the same level as Reward Group's senior unsecured debt rating as they represent unconditional, unsecured and unsubordinated obligations of the company.
|
|
The planned notes will be unsecured, ranking pari-passu to all existing and future unsecured indebtedness of the issuer that is not subordinated to the notes.
|
|
FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings for Arrow: --IDR 'BBB-'; --Senior unsecured revolving credit facility 'BBB-'; --Senior unsecured notes at 'BBB-'.
|
|
It also considers the progress SLG has made against a transition to a predominantly unsecured borrowing strategy, including its recently demonstrated access to public unsecured bonds.
|
|
While Sabine has proposed giving unsecured creditors equity worth $6.8 million in a reorganized Sabine, the unsecured creditors argued they could be entitled to $268 million.
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|
The proposed bonds will constitute direct, unconditional, unsubordinated and unsecured obligations of Huai An Traffic and rank pari passu with all its other senior unsecured obligations.
|
|
The bonds are rated at the same level as Protelindo's senior unsecured debt rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
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However, STAG's unsecured debt capital access remains somewhat less established than similarly rated peers pending an inaugural public unsecured bond offering and further private placement issuance.
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Fitch has also affirmed the ratings on Japan's long-term senior unsecured local-currency bonds at 'A' and short-term unsecured local-currency bonds at 'F7503'.
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The notes are rated at the same level as BFG's senior unsecured debt rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
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A federal judge ordered house arrest for both men, and set a $10 million unsecured bond for Manafort and a $5 million unsecured bond for Gates.
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SLT's senior unsecured debt is rated at the same level as its National Long-Term Rating, as the debentures rank equally with other senior unsecured obligations.
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All of its debt funding is unsecured with strong unencumbered asset cover (as measured by unencumbered assets to unsecured debt) at about 4.0x at end-2015.
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FULL LIST OF RATING ACTIONS Fitch has affirmed Ingram's ratings as follows: --IDR at 'BBB-'; --Senior unsecured debt at 'BBB-' --Senior unsecured credit facility at 'BBB-'.
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The proposed notes will rank pari passu with senior unsecured obligations of Pan Brothers and its subsidiaries, as they represent the company's unconditional, unsecured and unsubordinated obligations.
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The senior unsecured notes are unconditionally and irrevocably guaranteed by CK Hutchison Holdings Limited (CKHH, A-/Stable) and rank pari passu with its other senior unsecured borrowings.
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In terms of unsecured funding, 41% of Findep's total funding as of December 2016 was unsecured, while from 2012 to 2015 it fluctuated from 42% to 50%.
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SRC's access to non-bank and non-convertible unsecured debt is limited to-date with the company having issued a single $300 million offering of unsecured bonds.
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Fitch currently rates Western Union as follows: --Long-Term IDR 'BBB+'; --Senior unsecured 'BBB+'; --Senior unsecured credit facility 'BBB+'; --Short-Term IDR 'F2'; --Commercial paper program 'F2'.
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The notes constitute WMG's direct, general, unsubordinated, unsecured and unconditional obligations and will rank pari passu with all its other present and future unsubordinated and unsecured obligations.
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This is because the notes will constitute direct, unsubordinated and unsecured obligations of the bank, and will rank equally with all its other unsecured and unsubordinated obligations.
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HRS' capital structure consists of senior unsecured credit facilities (comprised of a $1 billion revolving facility and three- and five-year term loans) and senior unsecured bonds.
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The notes are rated at the same level as Hua Han' senior unsecured rating because they are regarded as direct and senior unsecured obligations of the company.
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The agency has also affirmed ASRI's senior unsecured rating and the ratings on all its outstanding senior unsecured notes at 'B' with a Recovery Rating of 'RR4'.
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SENIOR UNSECURED NOTES The ratings on Vietinbank's senior unsecured notes are sensitive to any changes in the bank's Long-Term IDR and Fitch's assessment of recovery prospects.
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The 19 largest BDCs tracked by Fitch issued US$2.8bn of unsecured notes in 2017 and US$1.7bn of unsecured notes in 2018, the ratings firm said.
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The notes are rated in line with Alibaba's senior unsecured rating of 'A+' as they rank pari passu with the issuer's existing and future senior unsecured debt.
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The 'BBB' rating on ART's senior unsecured debt is driven by Fitch's view that the trust's senior unsecured creditors have only a limited risk of legal subordination from its secured creditors, so long as the ratio of unpledged assets to unsecured debt remains higher than 21750x (end-21000: 2110x).
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FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: Harris Corporation: --IDR at 'BBB-'; --Senior unsecured revolving credit facility at 'BBB-'; --Senior unsecured three- and five-year term loans at 'BBB-'; --Senior unsecured notes and debentures at 'BBB-'; --Short-term IDR at 'F3'; --Commercial paper at 'F3'.
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KEY RATING DRIVERS The senior unsecured bond is rated in line with TP ICAP's Long-Term Issuer Default Rating (IDR) and existing senior unsecured debt ratings as Fitch views the probability of default on senior unsecured debt as the same as the probability of default of the entity.
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Transition to Unsecured Funding Stalled Fitch does not expect LXP will seek to access the unsecured bond market through the rating horizon, instead funding itself with disposition proceeds.
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FULL LIST OF RATING ACTIONS Fitch currently rates NNN as follows: --Issuer Default Rating (IDR) 'BBB+'; --Unsecured revolving credit facility 'BBB+'; --Senior unsecured notes 'BBB+'; --Preferred stock 'BBB-'.
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The notes are rated in line with Alibaba's senior unsecured rating of 'A+' as they will rank pari passu with the issuer's existing and future senior unsecured debt.
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The notes are rated at the same level as GOHL's senior unsecured rating because they will be guaranteed by GOHL and constitute its direct and senior unsecured obligations.
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Of the US dollar debt, USD0003 million of 2.250% unsecured notes and USD500 million of unsecured bank loans will be due in next few months before end-2017.
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The senior unsecured notes are unconditionally and irrevocably guaranteed by CK Hutchison Holdings Limited (CKHH, A-/Stable) and rank pari passu with other senior unsecured borrowings of CKHH.
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This is because the notes will constitute direct, unsubordinated and senior unsecured obligations of the company, and will rank equally with all its other unsecured and unsubordinated obligations.
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Following customary restructuring charges, we estimate recovery of between 173% and 70% for unsecured creditors, resulting in a one-notch uplift for the unsecured bonds to 'B+'/'RR3'.
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The senior unsecured notes issued by Huarong Universe are unconditionally and irrevocably guaranteed by Huarong Real Estate and constitute general, unsecured and unsubordinated obligations of Huarong Real Estate.
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The judge ordered house arrest for both men, and set a $10 million (7.57 million pounds) unsecured bond for Manafort and a $5 million unsecured bond for Gates.
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Fitch currently rates IBM as follows: --Long-Term Issuer Default Rating (IDR) 'A+'; --Senior unsecured RCF 'A+'; --Senior unsecured debt 'A+'; --Short-term IDR 'F2908'; --Commercial paper 'F173'.
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The equalization of the unsecured debt with Air Lease's IDR reflects the availability of sufficient unencumbered assets, which provide support to unsecured creditors and suggest average recovery prospects.
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Bunge has material maturities in the next 12 months including $250 million of unsecured notes due in April 2017 and $2908 million of unsecured notes due in June 20540.
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FULL LIST OF RATING ACTIONS Fitch has assigned the following final ratings: Johnson Controls International plc --Senior unsecured notes 'BBB+'; --Senior unsecured revolving credit facility 'BBB+'; --Commercial paper 'F13'.
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The proposed and existing bonds are rated at the same level as Modern Land's senior unsecured rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
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The rating for the senior unsecured notes is equivalent to the ratings assigned to AEL's existing senior unsecured notes, and it reflects standard notching based on Fitch's rating criteria.
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FULL LIST OF RATING ACTIONS Fitch currently rates Agilent as follows: --Long-Term Issuer Default Rating at 'BBB+'; --Senior unsecured bank facility at 'BBB+'; --Senior unsecured notes at 'BBB+'.
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KEY RATING DRIVERS The guaranteed bonds will constitute YWSCOC's direct, unconditional, unsubordinated and unsecured obligations and will rank pari passu with other present and future unsecured and unsubordinated obligations.
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Bunge has material maturities in the next 12 months including $250 million of unsecured notes due in April 2017 and $600 million of unsecured notes due in June 2017.
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Of the US dollar debt, USD750 million of 2.25% unsecured notes and USD500 million of unsecured bank loans will be due in the next few months before end-2017.
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The notes are guaranteed and constitute direct, general and unsecured obligations of overseas platforms, and will rank pari passu with all their existing and future unsubordinated and unsecured obligations.
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The proposed and existing bonds are rated at the same level as Country Garden's senior unsecured rating as they represent direct, unconditional, unsecured and unsubordinated obligations of the company.
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No recoveries are assumed from unsecured exposures towards individuals, or any unsecured exposure with a seasoning from default of more than four years at the portfolio's cut-off date.
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The distributable value was allocated to the guaranteed unsecured and unsecured debt, plus any assumed corporate unsecured recovery claims associated with the secured debt, based on relative security, The secured debt recovery uses a $60 million sustainable, post-default EBITDA reflecting contract performance and renegotiation risks during a weak offshore rig market environment and a 5x multiple The senior unsecured guaranteed notes ('BB/RR2') have structural seniority given the guarantee by Transocean Ltd.
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The notes, which will be guaranteed by Oceanwide, are rated at the same level as Oceanwide's senior unsecured rating because they represent direct and senior unsecured obligations of the company.
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Average Recoveries for Unsecured Bondholders: The ratings of the senior unsecured Eurobonds have been upgraded and aligned with MHP's Long-Term IDR of 'B', reflecting average recovery prospects given default.
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The programme is rated at the same level as CKP's senior unsecured rating because the notes issued under the programme will constitute direct and senior unsecured obligations of the company.
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The proposed notes, to be issued by Sunac, are rated at the same level as Sunac's senior unsecured rating because they will represent the company's direct and senior unsecured obligations.
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Simon Property Group, L.P. --Long-Term IDR at 'A'; --Short-Term IDR at 'F1'; --Senior unsecured revolving credit facilities at 'A'; --Senior unsecured notes at 'A'; --CP notes at 'F1'.
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The $327 million senior unsecured notes at SRAC and the 8% $625 million unsecured notes due 2019 at Holdings are rated 'C/RR6', given poor recovery prospects (0% to 10%).
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Access to multiple forms of capital is a characteristic of investment-grade REITs, and a weakening in the unsecured bond markets would challenge REITs to tap additional unsecured bank borrowing.
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The rating of IPF's senior unsecured notes is in line with the group's Long-Term IDR, reflecting Fitch's expectation for average recovery prospects given that IPF's funding is predominantly unsecured.
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The bond will constitute a direct, unconditional, unsubordinated and unsecured obligation of Zhanglong and rank at least pari passu with all of the company's other present and future unsecured obligations.
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The notes will represent CDBALF's direct, unconditional, unsubordinated and unsecured obligations and rank at least pari passu with all its other current and future direct, unsecured, unguaranteed and unsubordinated debt.
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AGROMERCANTIL SENIOR TRUST (AST) Agromercantil Senior Trust's (AST) rating is in line with BAM's IDR reflecting that the senior unsecured obligations rank equally to the bank's unsecured and unsubordinated obligations.
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The proposed senior unsecured notes will be unconditionally and irrevocably guaranteed by CK Hutchison Holdings Limited (CKHH, A-/Stable) and rank pari passu with other senior unsecured borrowings of CKHH.
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KEY RATING DRIVERS The guaranteed bonds will constitute Huaxing's direct, unconditional, unsubordinated and unsecured obligations and will rank pari passu with its other present and future unsecured and unsubordinated obligations.
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KEY RATING DRIVERS The guaranteed bonds will constitute Zhuhai Huafa's direct, unconditional, unsubordinated and unsecured obligations and will rank pari passu with other present and future unsecured and unsubordinated obligations.
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The rating actions are as follows: NBG: Viability Rating: 'ccc' placed on RWE NBG Finance plc: Long-term senior unsecured debt rating: 'C'/'RR6' placed on RWP Alpha Bank: Viability Rating: 'ccc' placed on RWE Long-term senior unsecured debt rating: 'C'/'RR6' placed on RWP Alpha Credit Group PLC: Long-term senior unsecured debt rating: 'C'/'RR6' placed on RWP Eurobank: Viability Rating: 'ccc' placed on RWE Long-term senior unsecured debt rating: 'C'/'RR0003' placed on RWP ERB Hellas PLC: Long-term senior unsecured debt rating: 'C'/'RR6' placed on RWP ERB Hellas (Cayman Islands) Ltd.
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The new issuance consists of $400 million 4.45% senior unsecured, zero coupon callable notes issued in Taipei that mature in 2047 and rank pari passu with the existing senior unsecured debt.
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ADEQUATE UNENCUMBERED ASSET COVERAGE OF NET UNSECURED DEBT Unencumbered asset coverage of June 30, 2017 over net unsecured debt was 2.1x when applying a stressed 9.0% capitalization rate to unencumbered NOI.
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However, Fitch expects the leverage headroom to be small as CNLP's unsecured assets/unsecured debt coverage was only 1.1x and will continue to hover around 1x in the next three years.
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The notes will constitute direct, unconditional, unsubordinated and unsecured obligations of Finlombarda and will rank at least pari passu with all present and future unsecured and unsubordinated obligations of the issuer.
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A total of $550 million (41%) consisted of unsecured unguaranteed notes, $350 million (13%) were unsecured guaranteed notes and about $400 million (30%) was the outstanding balance on the company's revolver.
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While there are financial and relationship-driven reasons for accessing term loans in lieu of unsecured bonds, the unsecured REIT bond market has grown in each of the last five years.
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SENIOR UNSECURED, SECURED AND SUBORDINATED DEBT BICE's senior unsecured bonds are rated at the same level as its National long-term rating, considering the absence of credit enhancement or subordination feature.
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The guaranteed notes constitute direct, unsubordinated, unconditional, and unsecured obligations of CICC Hong Kong Finance and rank pari passu with all of its other existing and future unsubordinated and unsecured obligations.
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SENIOR UNSECURED, SECURED AND SUBORDINATED DEBT BCI's senior unsecured bonds are rated at the same level as its National long-term rating, considering the absence of credit enhancement or subordination feature.
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Fitch currently rates International Business Machines Corporation as follows: --Long-Term Issuer Default Rating (IDR) 'A+'; --Senior unsecured RCF 'A+'; --Senior unsecured debt 'A+'; --Short-Term IDR 'F1'; --Commercial paper 'F1'.
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The notes will constitute Canara's direct, unconditional, unsubordinated and unsecured obligations and will at all times rank pari passu among themselves and with all of Canara's other unsubordinated and unsecured obligations.
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FULL LIST OF RATING ACTIONS FMC -- Long-Term Issuer Default Rating (IDR) 'BBB-' -- Senior unsecured debt: 'BBB-' -- Senior secured debt: 'BBB-' -- Short-Term IDR: 'F3' FMC Finance VII S.A. --Senior unsecured instrument rating assigned at 'BBB-' FMC Finance VIII S.A. --Senior unsecured instrument rating assigned at 'BBB-' Fresenius Medical Care US Finance II, Inc.
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FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: Kimco Realty Corporation --IDR at 'BBB+'; --Unsecured revolving credit facility at 'BBB+'; --Senior unsecured notes at 'BBB+'; --Preferred stock at 'BBB-'.
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Holders of unsecured claims were offered 14.3 percent of the stock after dilution in the reorganized Seadrill, and current shareholders will get 1.9 percent, but only if unsecured creditors accept the plan.
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The company's repayment of secured debt with new unsecured bonds, and conversion of its revolver and term loans to unsecured from secured starting in 2013 improved financial flexibility, which Fitch views favorably.
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The guaranteed notes constitute direct, unsubordinated, unconditional, and unsecured obligations of CICC Hong Kong Finance and will rank pari passu with all of its other existing and future unsubordinated and unsecured obligations.
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The guaranteed notes issued by Silver Sparkle constitute general, unsecured and unsubordinated obligation of Fenghui and will rank pari passu with all other existing and future unsecured and unsubordinated obligations of Fenghui.
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The company's foreign-currency senior unsecured rating and the rating on its outstanding USD33719914m 3371852% senior unsecured bond due 21750 have also been affirmed at 'B-', with a Recovery Rating of 'RR21000'.
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Prologis, L.P. --IDR to 'BBB+' from 'BBB'; --Global senior credit facility to 'BBB+' from 'BBB'; --Senior unsecured notes to 'BBB+' from 'BBB'; --Multi-currency senior unsecured term loan to 'BBB+' from 'BBB'.
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KEY RATING DRIVERS The CDs to be issued under the programme will constitute IBK's direct unconditional, unsubordinated and unsecured obligations and rank pari passu with the bank's other senior unsecured financial obligations.
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KEY RATING DRIVERS The rating assigned to Banco Estado's senior unsecured notes corresponds to the bank's Long-Term Foreign-Currency Issuer Default Rating (IDR) and ranks equal to other senior unsecured debt.
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The ratings are the same as the banks' IDRs because the senior notes constitute the banks' direct, unsubordinated and unsecured obligations and rank equally with all their other unsecured and unsubordinated obligations.
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FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: --Long-Term Issuer Default Rating (IDR) at 'BBB'; --Senior unsecured Revolving Credit Facility (RCF) at 'BBB'; --Senior unsecured notes at 'BBB'.
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The bank's long-term deposit and senior unsecured debt ratings were cut to 'A2' from 'A1' while its junior senior unsecured debt ratings were downgraded to 'Baa2' from 'Baa1', Moody's said bit.
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FULL LIST OF RATING ACTIONS Fitch currently rates Becton, Dickinson and Company as follows: --Long-term Issuer Default Rating (IDR) 'BBB-'; Outlook Stable; --Senior unsecured credit facility 'BBB-'; --Senior unsecured notes 'BBB-'.
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The distributable value was allocated to the guaranteed unsecured and unsecured debt, plus any assumed corporate unsecured recovery claims associated with the secured debt, based on relative security, The secured debt recovery uses a $60 million sustainable, post-default EBITDA reflecting contract performance and renegotiation risks during a weak offshore rig market environment and a 5x multiple.
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Fitch has affirmed and withdrawn the following ratings: Tyco International Finance S.A. --Long-Term IDR 'BBB+'; --Senior unsecured revolving credit facilities 'BBB+'; --Senior unsecured notes 'BBB+'; --Short-Term IDR 'F2'; --Commercial paper 'F2'.
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FULL LIST OF CURRENT RATINGS Texas Instruments Incorporated --Long-Term Issuer Default Rating (IDR) 'A+'; --Short-Term IDR 'F1'; --Commercial Paper program 'F1'; --Senior unsecured revolving credit facility 'A+'; --Senior unsecured notes 'A+'.
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Vantiv Inc: * VANTIV - UNITS PRICED OFFERING OF $500 MILLION OF 4.375% SENIOR UNSECURED NOTES DUE 2025 AND £470 MILLION OF 3.875% SENIOR UNSECURED NOTES DUE 2025 Source text for Eikon: Further company coverage:
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A British committee last year selected SONIA, an unsecured overnight lending rate, as an alternative to sterling-based Libor and Japan selected TONAR as an alternative to yen Libor, also an unsecured rate.
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The new deal is split into 450m secured and 150m unsecured tranches, with Goldman Sachs Merchant Banking Division's mezzanine fund agreeing to take down the unsecured piece at the end of last year.
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Were Fortress to assume material secured debt, such that recovery prospects for the unsecured credit facility were materially affected, this could result in the unsecured debt rating being notched down from the IDR.
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The issue ratings on Croatia's senior unsecured foreign and local currency bonds have been affirmed at 'BB' and the issue ratings on Croatia's senior unsecured short-term bonds have been affirmed at 'B'.
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Announces pricing of US$325 million of senior unsecured notes * Goeasy Ltd - priced US$325 million aggregate principal amount of 7.875% senior unsecured notes due 2022 Source text for Eikon: Further company coverage:
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KEY RATING DRIVERS The 'A+' rating assigned to Banco Estado's senior unsecured notes corresponds to the bank's Long-Term Foreign-Currency Issuer Default Rating (IDR) and ranks equal to other senior unsecured debt.
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Announces unsecured convertible debenture financing * To complete a non-brokered private placement of unsecured convertible debentures in an aggregate principal amount up tto about $2 million Source text for Eikon: Further company coverage:
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The rating reflects Fitch's view that cash flows supporting payment on the sukuk will constitute direct, unconditional, unsecured and general obligations of Indonesia, ranking equally with Indonesia's unsecured and unsubordinated marketable external debt.
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We have affirmed the senior unsecured ratings of IHS Towers NG Limited and IHS Towers Netherlands FinCo NG B.V. at 'B'/RR5, a notch lower than the senior unsecured rating of IHS Netherlands.
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KEY RATING DRIVERS The rating assigned to Banco Estado's senior unsecured note rating corresponds to the bank's Long-Term Foreign-Currency Issuer Default Rating (IDR) and ranks equal to other senior unsecured debt.
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Mondelez International Holdings Netherlands B.V. --Senior unsecured debt at 'BBB'.
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Its senior unsecured notes have also been affirmed at 'AA-'.
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TMCC's unsecured debt represented 86% of total debt at 1Q18.
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Fitch has also affirmed Arcelik's senior unsecured rating at BB+.
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"The Bank never granted or grants unsecured loans," RCB said.
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Fitch has also affirmed SBC's senior unsecured bond at 'AA-'.
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Personal, or unsecured loans, are well suited for debt consolidation.
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|
Fitch has assigned the following rating: -- Senior unsecured notes 'BBB'.
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Fitch has also affirmed Azimut's senior unsecured bonds at 'BBB'.
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Fitch has also affirmed SBC's senior unsecured bonds at 'AA-'.
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SunEdison's unsecured creditors, including Vivint Solar Inc , filed the lawsuit.
|
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Its senior unsecured rating has also been affirmed at 'BBB-'.
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The perpetual securities represent QBE's direct, unsecured and subordinated obligations.
|
|
HCN's unencumbered assets provided sufficient contingent liquidity to unsecured bondholders.
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Fitch has also assigned a senior unsecured rating of 'BBB'.
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To be clear, Wealthfront isn't offering an unsecured lending product.
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Even if they are not stolen, unsecured guns are dangerous.
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All debt is unsecured and issued by Brinker International, Inc.
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Our current president uses his phone unsecured all the time.
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So instead it accepted $20 million in unsecured bank debt.
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Fitch has also affirmed KLHC's senior unsecured bonds at 'AA-'.
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Fitch has also affirmed MKL's senior unsecured notes at 'BBB+'.
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Fitch has also affirmed BCG's senior unsecured rating at 'BBB'.
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Investigators determined the dogs got out through an unsecured door.
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Fitch has also affirmed MIC's senior unsecured debt at 'BB+.
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R.J. Reynolds Tobacco Company --IDR 'BBB'; --Senior unsecured notes 'BBB'.
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Bunge N.A. Finance L.P. (BNAF) --Senior unsecured notes at 'BBB'.
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Shareholders would then be just another unsecured creditor, he said.
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The notes will constitute SDIC's unconditional, unsubordinated and unsecured obligations.
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The Recovery Ratings on Constellation's unsecured notes have been removed.
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The subordinated securities represent HKL's direct, unsecured and subordinated obligations.
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A potential debut Swiss franc unsecured debt offering may follow.
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LBBW's senior unsecured debt ratings are equalised with its IDRs.
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Fitch has also affirmed YXP's senior unsecured rating at 'BBB-'.
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It listed $421 million in secured and unsecured debt obligations.
|
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Unsecured connected devices are scary for a variety of reasons.
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Users can apply for unsecured loans of up to $30,000.
|
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Instead, it stored PII records in open, unsecured cardboard boxes.
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He was able to download 1403 terabytes of unsecured data.
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They would also have exchanged unsecured debt for secured debt.
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|
The notes represent direct, unsecured, and subordinated obligations of CHB.
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They would also have exchanged unsecured debt for secured debt.
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The portfolio comprises unsecured retail and small business soured loans.
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The senior unsecured debt ratings are equalized with Navient's IDR.
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|
The Recovery Rating on its senior unsecured rating is 'RR21000'.
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|
National scale --Long-term national rating in El Salvador at 'AAA(slv)'; Outlook Stable; --Short-term national rating in El Salvador at 'F1+(slv)'; --Senior unsecured long-term debt in El Salvador at 'AAA(slv)'; --Long-term national rating in Honduras at 'AAA(hnd)'; Outlook Stable; --Short-term national rating in Honduras at 'F1+(hnd)'; --Long-term national rating in Costa Rica at 'AAA(cri)'; Outlook Stable; --Short-term National Rating in Costa Rica at 'F183+(cri)'; --Senior unsecured long-term debt in Costa Rica at 'AAA(cri)'; --Senior unsecured short-term debt in Costa Rica at 'F1+(cri)'; --Senior unsecured long-term debt in Mexico at 'AAA(mex)'; --Senior unsecured long-term debt in Panama at 'AAA(pan)'; --Senior unsecured long-term debt in Thailand at 'AAA(tha)'.
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Toddler shoots himself with unsecured gun On Sunday, the 4-year-old son of an Ohio State Trooper died after shooting himself in the face with an unsecured weapon he found, authorities said Monday.
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Instituto Fonacot --National Long-Term Rating at 'AAA(mex)'; --National Short-Term Rating at 'F1+(mex)'; --Long-Term local senior unsecured debt at 'AAA(mex)'; --Short-Term local senior unsecured debt at 'F1+(mex)'.
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Under our criteria, we could then consider whether these buffers would meaningfully affect the default risk of senior unsecured debt to warrant a single-notch uplift for senior unsecured bonds without the resolution trigger.
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Bankrupt Nuverra Environmental Solutions Inc on Friday dismissed an unsecured noteholder's objections to its reorganization plan, arguing in court papers he is simply disgruntled that the plan favors other unsecured creditors, primarily trade creditors.
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In terms of distribution of value, all unsecured debt including the planned new bond would recover 52% in the event of default (assuming the EUR125 million unsecured revolving credit facility will be fully drawn).
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Fitch believes the unencumbered assets/unsecured debt ratio of 2.0x is the minimum level for investment grade real estate investment trusts to support strong financing flexibility and limit the subordination of unsecured creditors' interests.
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|
Mostly US Dollar Unsecured Debt: Excluding payables to WMP customers of CNY20 billion, Baidu's total debt was about CNY58 billion, with the vast majority unsecured and denominated in US dollars at end-March 2017.
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SENIOR NOTES The proposed senior unsecured notes to be issued by Huarong Universe will be unconditionally and irrevocably guaranteed by Huarong Real Estate and constitute general, unsecured and unsubordinated obligations of Huarong Real Estate.
|
|
IDR - Bantrab Senior Trust BST's seven-year U.S.-dollar loan participation notes' rating is in line with Bantrab's VR reflecting that the senior unsecured obligations rank equally with the bank's unsecured and unsubordinated obligations.
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|
Mostly US Dollar Unsecured Debt: Excluding payables to WMP customers of CNY20 billion, Baidu's total debt was about CNY13 billion, with the vast majority unsecured and denominated in US dollars at end-March 2017.
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Unsecured Capital Access Strengthens Liquidity BRX demonstrated strong access to unsecured debt capital via the banks and public bond market in 2016 and the first quarter of 7503 following accounting irregularities in early 2016.
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KEY RATING DRIVERS The notes issued will be direct, unconditional, unsubordinated and unsecured obligations of SBC and will rank pari passu with all other present and future outstanding unsecured and unsubordinated obligations of SBC.
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The deal resolves $4 million in unsecured claims that threatened to bust Nuverra's prepackaged restructuring plan, which capped four classes of unsecured claims at $45 million, the company said in court papers on Monday.
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Transition to Unsecured Funding Profile: As of March 31, 2017, the company's implied value of unencumbered assets (defined as unencumbered NOI divided by a stressed 8% capitalization rate) covered net unsecured debt by 2.6x.
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FULL LIST OF RATING ACTIONS Fitch currently rates Disney as follows: The Walt Disney Company --Issuer Default Rating (IDR) 'A'; --Senior unsecured debt 'A'; --Senior unsecured revolvers 'A'; --Short-Term IDR 'F20163'; --Commercial paper 'F1'.
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The US dollar senior unsecured notes issued by NSB and BOC are rated at the same level as the banks' Long-Term Foreign-Currency IDRs, as the notes rank equally with other senior unsecured obligations.
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Fitch has also assigned final ratings of 'A+' to the company's USD400 million 0003% senior unsecured notes due 2023 and USD400 million 3.5% senior unsecured notes due 2027 to be issued under the MTN programme.
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FULL LIST OF RATING ACTIONS Fitch currently has the following ratings: The Walt Disney Company --Issuer Default Rating (IDR) 'A'; --Senior unsecured debt 'A'; --Senior unsecured revolvers 'A'; --Short-Term IDR 'F1'; --Commercial paper 'F1'.
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APPROPRIATE UNENCUMBERED ASSET COVERAGE OF UNSECURED DEBT Fitch expects unencumbered asset coverage of net unsecured debt (UA/UD) to remain above 2110x when applying a stressed 21000% capitalization rate to unencumbered net operating income (NOI).
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Fitch has affirmed STM's IDR and senior unsecured rating at 'BBB-'.
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Jababeka also has around USD280 million of senior unsecured bonds outstanding.
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Unsecured creditors in similar situations have challenged such plans as coercive.
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Which is precisely how the ISC detected these 3,759 unsecured machines.
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The company's unsecured notes fell by as many as 2.25 points.
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She has been released on a $25,000 unsecured bond, PEOPLE confirms.
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Unsecured loans, like Mario's, account for roughly half the total stock.
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National Semiconductor Corporation --Long-Term IDR 'A+'; --Senior unsecured notes 'A+'.
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For the official committee of unsecured creditors: Jay Indyke of Cooley.
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Altogether, the filings involve $22.5 billion in secured and unsecured debt.
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Karelia's senior unsecured debt ratings have also been affirmed at 'B+'.
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However, second lien recoveries varied and unsecured debt claims recovered poorly.
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The region's senior unsecured debt ratings have been affirmed at 'BB+'.
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The proposed notes will constitute Yuzi's unconditional, unsubordinated and unsecured obligations.
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The proposed securities will be HKL's direct, unsecured and subordinated obligations.
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The bonds are senior unsecured short-term obligations of Lower Saxony.
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This places the vendor facilities structurally ahead of the unsecured notes.
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Global Bank, from Panama, is preparing a possible senior unsecured note.
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Fitch has also affirmed HK Land's senior unsecured rating at 'A'.
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The region's senior unsecured debt has also been affirmed at 'BBB'.
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An unsecured personal loan may be more expensive but less risky.
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It affirmed Malaysia's issuer and senior unsecured bond ratings at A3.
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The company owes its biggest unsecured creditor, Callaway Golf, $5.5 billion.
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The region's senior unsecured debt rating has been affirmed at 'BB-'.
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The fund will invest in SoFi's unsecured loans -- student and personal.
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Most of the debt was unsecured and denominated in US dollars.
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MASSACHUSETTS POLICE CITE DRIVER TWICE IN 5 DAYS FOR UNSECURED LOAD
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CLI announced a new $350 million unsecured term loan on Jan.
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Syngenta Finance AG - Senior unsecured long-term rating published at 'BBB'.
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The company owes its biggest unsecured creditor, Callaway Golf, $5.5 million.
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Most often, they involve guns left unsecured by the child's parents.
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The lending sites flourished as banks curtailed unsecured and riskier lending.
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The subordinated securities represent Kyobo Life's direct, unsecured and subordinated obligations.
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PR's senior unsecured debt ratings have been also affirmed at 'BBB-'.
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Drug smugglers and human traffickers also frequently traverse our unsecured border.
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FRANKFURT (Reuters) - Unsecured creditors of the failed airline Air Berlin AB1.
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Unsecured creditors have previously argued the move should not be allowed.
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In particular, banks' exposure to unsecured retail lending has reduced significantly.
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However, unsecured rates have been more volatile, reflecting rising economic concerns.
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Creditors that lend money under riskier conditions — unsecured creditors — come next.
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A senior unsecured sukuk offering will follow, subject to market conditions.
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Fitch does not rate the subsidiaries, only their senior unsecured debt.
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The bond represents an unsecured and unsubordinated obligation of each obligor.
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Fitch believes unsecured debt enhances Air Lease's operational and financial flexibility.
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|
"It is an unsecured, undocumented loan to a housewife," Donaleski said.
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FULL LIST OF RATING ACTIONS National Long-Term Rating assigned at 'AA(twn)'; Outlook Stable National Short-Term Rating assigned at 'F1+(twn)' Unsecured class rating assigned at 'AA(twn)' The third domestic unsecured bonds assigned at 'AA(twn)' The fourth domestic unsecured bonds assigned at 'AA(twn)' Contact: Primary Analyst Kelvin Ho Director +852 2263 9940 Fitch (Hong Kong) Limited 19/F.
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FULL LIST OF RATING ACTIONS Fitch currently rates Moody's Corporation as follows: --Long-Term Issuer Default Rating (IDR) 'BBB+'; --Short-Term IDR 'F2'; --Senior unsecured revolving credit facility 'BBB+'; --Senior unsecured notes 'BBB+'; --Commercial Paper 'F2'.
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While LXP endeavours to utilize a more unsecured funding model, its progress has stalled since its first two bond issuances, and access to unsecured capital is dependent in part on frequency of issuances and issuance size.
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|
In addition, SunEdison Semiconductor gets an administrative expense claim of nearly $2.7 million and a general unsecured claim non-priority claim of about $16.5 million, compared with the $40 million in unsecured claims it had asserted.
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Fitch has also downgraded the senior unsecured rating for the debt issued under GlaxoSmithKline Capital PLC to 'A' from 'A+' and has assigned a senior unsecured rating of 'A' to debt issued by GlaxoSmithKline Capital Inc.
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|
At the end of 3Q16, Sprint had approximately $103 billion of liquidity that included $5.7 billion of cash, $3 billion in availability from its unsecured revolver and $2.5 billion in availability from its unsecured bridge facility.
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Advantages of unsecured loans and lines of credit:Disadvantages of unsecured loans and lines of credit: Advantages of secured loans and lines of credit:Disadvantages of secured loans and lines of credit:Interested in taking out a personal loan?
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RATING SENSITIVITIES SENIOR DEBT The ratings of the senior unsecured notes are sensitive to changes in BOC Aviation's IDR and the level of unencumbered balance sheet assets in a stressed scenario, relative to outstanding unsecured debt.
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|
FULL LIST OF RATINGS Fitch currently rates Viacom as follows: --Long-term Issuer Default Rating 'BBB'; --Senior unsecured notes and debentures 'BBB'; --Senior unsecured bank facility due 20540 'BBB'; --Short-term IDR 'F24'; --Commercial paper 'F22016'.
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|
Fitch has also affirmed the CNY1.5 billion 13% senior unsecured bonds issued by Huarui Investment Holding Company Limited at 'BBB' and the USD300 million senior unsecured bonds issued by Huaxing Investment Holding Company Limited at 'BBB'.
|
|
Senior Unsecured Rating Aligned with IDR According to preliminary bond documentation, the 2020 EUR163m senior unsecured notes issued by Tereos Groupe Finance 1 and the planned notes issue rank pari passu in the group's debt structure.
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|
In 2013, LXP amended its two term loans totalling $505 million to unsecured from secured, and refinanced its $300 million secured revolving credit facility with an unsecured revolving facility and thereafter increased the availability to $400 million.
|
|
FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: --Long-Term IDR at 'BBB+'; --Short-Term IDR at 'F219'; --Senior unsecured revolving credit facility at 'BBB+'; --Senior unsecured notes at 'BBB+'; --Commercial paper at 'F22016'.
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|
Average Recoveries for Unsecured Bondholders: Lenta's bonds are rated in line with its Long-Term Local-Currency IDR of 'BB' as the bonds are pari passu with unsecured bank loans and there is no prior-ranking debt.
|
|
Improving Capital Structure: The senior unsecured Sukuk will improve Emirates REIT's liquidity profile, which is currently weak, will remove all variable interest-rate risk amid a rising interest-rate environment, and the entire portfolio will become unsecured.
|
|
The MAS said it would also ease restrictions on unsecured business loans by finance companies to bolster their ability to provide unsecured loans to SMEs, as part of other regulatory changes to be phased in this year.
|
|
The US Dollar senior unsecured notes issued by NSB and Bank of Ceylon are rated at the same level as the banks' Long-Term Foreign-Currency IDRs, as the notes rank equally with other senior unsecured obligations.
|
|
The notes are issued by Easy Tactic Limited, a subsidiary of Guangzhou R&F, and are rated at the same level as Guangzhou R&F's senior unsecured rating because they constitute its direct and senior unsecured obligations.
|
|
"The increase in unsecured credit availability appeared particularly apparent in other unsecured lending, such as personal loans, where credit scoring criteria were reported to have loosened," the BoE said as it released its quarterly survey on Friday.
|
|
Strong Liquidity Profile STAG's liquidity position is strong, with $4807123 million of availability under its committed, unsecured credit facility and $212001 million of committed unsecured term loan borrowings that Fitch expects the company to access during 4Q16.
|
|
Recovery prospects for unsecured bondholders could improve, and lead to equalisation of the senior unsecured rating with the IDR, if the proportion of priority debt in the funding structure decreases below 2x EBITDA on a sustained basis.
|
|
The proposed and existing notes will carry the same terms and conditions, and they are rated at the same level as Shimao's senior unsecured rating because they constitute its direct and senior unsecured obligations of the company.
|
|
The ratings of the senior unsecured debt and medium-term notes are sensitive to changes in BOC Aviation's IDR and the level of unencumbered balance sheet assets available in a stressed scenario, relative to outstanding unsecured debt.
|
|
The additional and existing notes will carry the same terms and conditions, and they are rated at the same level as KWG's senior unsecured rating because they constitute the direct and senior unsecured obligations of the company.
|
|
That leak was also traced back to an unsecured Amazon S3 bucket.
|
|
The agency has also affirmed Sime Darby's senior unsecured rating at 'BB+'.
|
|
Simultaneously, the agency assigned the national senior unsecured rating at 'A-(tha)'.
|
|
Sears' unsecured creditors have eight days to formally object to ESL's bid.
|
|
The waterfall results in a 'RR3' Recovery Rating for senior unsecured Eurobonds.
|
|
Their baby was in an unsecured car seat next to the father.
|
|
Fitch has also affirmed DT's senior unsecured ratings at 'BBB+' and 'F2'.
|
|
Fitch has also published KWG's foreign-currency senior unsecured rating of 'BB-'.
|
|
Unsecured creditors and bondholders will also likely focus on the plan's fairness.
|
|
Its senior unsecured EUR65m bonds (ISIN: FR0011528868) have been affirmed at 'AA'.
|
|
The senior unsecured bond ranks pari passu with Thuringia's other outstanding debt.
|
|
Moscow Region's outstanding senior unsecured domestic bonds have been affirmed at 'BB+'.
|
|
Some of Sears' unsecured lenders have already pushed for it to liquidate.
|
|
Wholesale funding, mostly secured and senior unsecured debt, complements SCF's funding profile.
|
|
Pricing is 98.53% on the secured and 298.5% on the unsecured slice.
|
|
The notes represent direct, unconditional, unsecured and unsubordinated obligations of the company.
|
|
Format: eligible liabilities senior unsecured debt notes (senior non-preferred). (9:24am)
|
|
Fitch has also affirmed all senior unsecured debt ratings at 'A+'/'F212000'.
|
|
It also has $400m in secured and unsecured debt maturing next year.
|
|
Goldman Sachs Financial Products I Limited --Long-term senior unsecured at 'A'.
|
|
LIBOR is the rate that banks charge other banks for unsecured loans.
|
|
The ratings of senior unsecured obligations are in line with LBBW's IDRs.
|
|
Assessing individual creditworthiness is relatively expensive, and credit card debt is unsecured.
|
|
A US$4.1bn, 90-day senior unsecured bridge loan was not syndicated.
|
|
Grupo Aval Limited --Senior unsecured guaranteed debt issued by Grupo Aval Ltd.
|
|
Its unsecured creditors have cast doubt in the altruism of Lampert's efforts.
|
|
KEY RATING DRIVERS VR, IDRs and Senior Unsecured Debt SunTrust Banks, Inc.
|
|
Fitch has assigned the following rating: Synchrony Bank -- Senior unsecured debt 'BBB-'.
|
|
Announces private offering of unsecured convertible senior notes * TPG Specialty Lending, Inc.
|
|
Fitch also downgraded the senior unsecured notes of Sears Roebuck Acceptance Corp.
|
|
The unsecured furniture was simply squeezed between the windshield and the seat.
|
|
The loans, made to small- and medium-sized Italian enterprises, were unsecured.
|
|
The state guarantee ranks pari passu with Poland's other unsecured senior obligations.
|
|
The New York Times reported in January that the phone was unsecured.
|
|
This also supports our affirmation of the IDR and senior unsecured rating.
|
|
REITs do not lack options to access long-term unsecured debt funding.
|
|
The ratings of senior unsecured obligations are in line with BayernLB's IDRs.
|
|
Unsecured loans will be investment grade quality at the time of investment.
|
|
Manafort is currently on house arrest with a $10 million unsecured bail.
|
|
Fitch assigns the following rating: Citibank, N.A. --Senior unsecured debt at 'A+'.
|
|
KEY RATING DRIVERS The notes are senior unsecured obligation of Sunshine Life.
|
|
HHS catalogues breaches of unsecured health records affecting 500 or more people.
|
|
Starts investors meetings ahead of launch of fixed-rate senior unsecured bond.
|
|
Unsecured credit cards, on the other hand, do not require a deposit.
|
|
The region's outstanding senior unsecured domestic bonds have been affirmed at 'BBB-'.
|
|
The agency has also affirmed Lai Fung's senior unsecured rating at 'BB-'.
|
|
The notes will rank pari passu with Transocean's existing unsecured guaranteed debt.
|
|
Particularly important when you're on crappy unsecured hotel WiFi and we're...italicizing.
|
|
The region's outstanding senior unsecured domestic debt has been affirmed at 'BB'.
|
|
The notes will be Banco Inbursa's direct, unconditional and unsecured general obligations.
|
|
Trinity Acquisition plc --IDR 'BBB' 'BBB-'; --21% senior unsecured notes due Aug.
|
|
Some employees' claims are at the same level as the unsecured creditors.
|
|
Expected ratings for the 144A/RegS senior unsecured note are BBB/BBB-.
|
|
Germany passed a law subordinating senior unsecured bonds to other senior liabilities.
|
|
The senior unsecured short-term issues have also been affirmed at 'F7503'.
|
|
Barcelona's bond issues/senior unsecured ratings have been also affirmed at 'BBB+'.
|
|
Khakassia's outstanding senior unsecured domestic bonds have also been affirmed at 'B+'.
|
|
Student loans are unsecured, while a mortgage is secured by a home.
|
|
The senior unsecured notes are upgraded to 'B/RR4' from 'B-/RR4'.
|
|
Since taking office, Trump has been cautioned against unsecured lines multiple times.
|
|
Commercial Credit Company Associates Corporation of North America --Senior unsecured at 'A'.
|
|
The senior unsecured bonds, denominated in Japanese Yen, will mature on Sept.
|
|
And nonconsenting unsecured bondholders would not receive anything from the new company.
|
|
She even smokes, as if in sympathy with the still-unsecured reactor.
|
|
Fitch has also affirmed the group's senior unsecured debt rating at 'BBB'.
|
|
The upgrade of the rating of senior unsecured debt originally issued by Vicenza and transferred to IntesaSP reflects Fitch's view that the transfer has become final, The rating is now in line with IntesaSP's senior unsecured debt rating.
|
|
KEY RATING DRIVERS The notes are rated at the same level as DBS's Long-Term Issuer Default Rating (IDR), as they constitute its direct, unsecured and unsubordinated obligations and rank equally with all its other unsecured, unsubordinated obligations.
|
|
Fitch rates the senior debt of UOBT and CIMBT at the same level as the entities' National Ratings, reflecting the unsecured and unsubordinated nature of these instruments, which rank pari passu with the banks' other senior unsecured obligations.
|
|
FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings for eBay: --Long-term IDR at 'BBB'; --Senior unsecured revolving credit facility at 'BBB'; --Senior unsecured notes at 'BBB'; --Short-term IDR and commercial paper at 'F29'.
|
|
SENIOR AND SUBORDINATED DEBT The 'B/RR4' rating on Macro's senior unsecured notes reflects that the notes are senior unsecured obligations ranking pari passu with other senior indebtedness and so align with the bank's long-term 'B' IDRs.
|
|
ANNOUNCES PRICING AND UPSIZE OF PRIVATE OFFERING OF SENIOR UNSECURED NOTES * EXTRACTION OIL & GAS INC - PRICED ITS PREVIOUSLY ANNOUNCED PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE IN 2026 * EXTRACTION OIL & GAS INC - UPSIZED OFFERING AMOUNT FROM $600 MILLION TO $750 MILLION IN AGGREGATE PRINCIPAL AMOUNT * EXTRACTION OIL & GAS INC - THE SENIOR UNSECURED NOTES WILL BEAR INTEREST AT 5.625% PER ANNUM Source text for Eikon: Further company coverage:
|
|
Fitch currently rates Casino as follows: Casino Guichard-Perrachon SA: --Long-Term IDR 'BB+'/ Stable Outlook --Short-Term IDR 'B' --Long-term senior unsecured 'BB+' --Short-term senior unsecured' B' --EUR229 million perpetual preferred constant maturity swap securities and EUR291 million deeply subordinated fixed to reset rate (DS) notes 'BB-' Casino Finance SA: --Senior unsecured (debt guaranteed by Casino Guichard-Perrachon SA): 'BB+'/'B'.
|
|
Fitch has also affirmed the 'BBB+' long-term foreign-currency ratings on the following notes issued by CQNA: - USD300 million 2.875% senior unsecured note due 13 - USD500 million 3.625% senior unsecured note due 2021 - USD200 million 4.5% senior unsecured notes due 2026 KEY RATING DRIVERS Linked to Chongqing Municipality: CQNA's ratings are credit-linked to Fitch's internal assessment of the creditworthiness of Chongqing Municipality.
|
|
The issue ratings on Ukraine's long-term senior unsecured foreign- and local-currency bonds are also upgraded to 'B-' from 'CCC', and the sovereign's short-term senior unsecured foreign- and local-currency bonds are upgraded to 'B' from 'C'.
|
|
TV Azteca S.A.B. de C.V. --Long-Term Foreign- and Local-Currency IDRs at 'B+'; Stable Outlook; --Senior unsecured notes at 'B+/RR0003'; Fitch has assigned the following rating: --Proposed USD350 million due 2024 senior unsecured notes 'B+/RR4(EXP)'.
|
|
Constrained exit multiples, high secured leverage relative to company value, and large lease rejection and trade vendor claims that ranked equally to unsecured debt contributed to a below-average unsecured recovery rate of 13% and a median of 8%.
|
|
KEY RATING DRIVERS The bonds will constitute direct, unconditional, unsubordinated and unsecured obligations of Huaxing and shall at all times rank pari passu with its other present and future unsecured and unsubordinated obligations and without any preference among themselves.
|
|
Secured creditors get paid before general unsecured creditors, which includes claims for harassment.
|
|
Royal Bank of Canada, Sydney Branch --Long-term senior unsecured debt at 'AA'.
|
|
Fitch has also affirmed Swire Pacific's foreign-currency senior unsecured rating at 'A-'.
|
|
Celulosa Argentina is readying a US$200m seven-year seniour unsecured bond sale.
|
|
TMCC's funding profile is primarily unsecured and diversified by type, term and currency.
|
|
The notes will constitute direct, unconditional, unsubordinated and unsecured obligations of the issuer.
|
|
Sears' unsecured creditors have opposed his attempt at a so-called credit bid.
|
|
Unsecured loans are usually worth less than 10 percent of their nominal value.
|
|
The senior unsecured notes have initial ratings of Ba1/BB+ (Moody's/S&P).
|
|
Sears unsecured creditors are opposed to the bid, people familiar with situation said.
|
|
Senior unsecured debt investors stand to benefit as a consequence of lower encumbrance.
|
|
The reason for that is two-fold: digital attacks and unsecured phone systems.
|
|
The senior unsecured bond will rank pari passu with Thuringia's other outstanding debt.
|
|
Deposits are a very low-cost unsecured loan from depositors to a bank.
|
|
The ratings on the senior unsecured outstanding bonds have been affirmed at 'BBB'.
|
|
Berry has a rights offering worth $300 million for holders of unsecured notes.
|
|
The long-term senior unsecured rating has also been affirmed at 'AAA(idn)'.
|
|
TFS's core product is small ticket unsecured loans with 24-36 month tenors.
|
|
The senior unsecured debt ratings will likely move in tandem with Islandsbanki's IDRs.
|
|
GE Capital International Funding Co. --Long-Term IDR 'AA-'; --Senior unsecured debt 'AA-'.
|
|
The European Central Bank is developing a daily euro unsecured overnight index rate.
|
|
The ratings are equivalent to Fitch's ratings on HUM's outstanding senior unsecured notes.
|
|
The notching reflects the notes' greater expected loss severity than senior unsecured debt.
|
|
"There is a need for unsecured loans," Nagato said at a news conference.
|
|
The proposed bond issuance will rank equally with the company's senior unsecured debt.
|
|
The ratings are equivalent to Fitch's ratings on UNH's outstanding senior unsecured notes.
|
|
The senior unsecured debt rating would generally move with bank's long-term rating.
|
|
The notes rank pari passu with NYSI's all other unsecured and unsubordinated obligations.
|
|
The portfolio consists of impaired unsecured loans granted to 115 Italian corporate clients.
|
|
The proposed notes will constitute IMHCD's direct, unconditional, unsubordinated and senior unsecured obligations.
|
|
The notes are unsecured obligations of HBL and mature on 7 April 13.
|
|
Unsecured devices are subject to hacking and could prove fatal, the FDA said.
|
|
The ratings on the senior unsecured outstanding bonds have been affirmed at 'BB'.
|
|
WEA Finance LLC, Westfield UK & Europe Finance PLC --Senior unsecured guaranteed notes 'BBB+'.
|
|
Bookrunners on the SEC-registered unsecured deal are BNP Paribas, Citigroup and Santander.
|
|
Fitch rates the following: --New benchmark-size unsecured senior notes at 'BB/RR4'.
|
|
His unsecured claim is listed as more than $3.2 million in the filing.
|
|
Its senior unsecured notes are now rated CCC+ and could face forced selling.
|
|
The senior unsecured issue ranks pari passu with all Bremen's other outstanding debt.
|
|
Commercial and unsecured consumer lending make up the rest of the loan book.
|
|
It's unprecedented and also very odd for criminals to leave a database unsecured.
|
|
The ratings of BayernLB's senior unsecured obligations are equalised with the bank's IDRs.
|
|
The ratings apply only to the issuance of senior unsecured notes by Skipton.
|
|
The Regulation S, senior unsecured deal would be a five-year benchmark transaction.
|
|
Commercial and unsecured consumer lending contributed less than 10% of the loan book.
|
|
Manafort is currently out on house arrest and a $10 million unsecured bail.
|
|
The new debt will be senior unsecured notes denominated in dollars and euros.
|
|
Trump's calls b/c he demands on using an unsecured iPhone for convenience.
|
|
Grupo Aval Limited --Senior unsecured guaranteed debt issued by Grupo Aval Ltd. 'BBB'.
|
|
Fitch has maintained a Recovery Rating of 'RR21750' on the senior unsecured rating.
|
|
Instead, she continued to communicate through her personal, home-brewed and unsecured server.
|
|
DEBT RATINGS The senior unsecured debt ratings are aligned with the banks' IDRs.
|
|
Fitch has also assigned a 'BBB' rating to the senior unsecured notes issuance.
|
|
The senior unsecured rating and all outstanding bonds are also affirmed at 'BBB+'.
|
|
The ratings on the senior unsecured outstanding bonds have been affirmed at 'BBB-'.
|
|
Founded in 2007, Euroloan offers unsecured consumer loans and revolving consumer credit lines.
|
|
Besides Fortress, Theranos owes at least $60 million to unsecured creditors, Taylor said.
|
|
PenFed also has an unsecured, fixed-rate loan for any affected federal worker.
|
|
He was arraigned and released on unsecured $5,000 bail, according to the outlet.
|
|
The senior unsecured debt rating is sensitive to changes in the bank's IDR.
|
|
Unsecured debt maturities are manageable, with USD1.2 billion of debt maturing in 2018.
|
|
Unsurprisingly, the widespread coverage of her unsecured email usage was a sour point.
|
|
An unsecured card means that the credit line is not secured with collateral.
|
|
"In 2019, we saw a ramp in unsecured debt issuance," Fitch's Neenan said.
|
|
Sun and CIT settled with the other unsecured creditors in their fraud case.
|
|
Shinhan's notes have minimal non-performance risk relative to its senior unsecured debt.
|
|
Capitec is now South Africa's second biggest unsecured lender after Standard Bank (SGBLY).
|
|
Fitch expects EPR will refinance secured debt with unsecured issuances in the future.
|
|
Trending down: 419 million Facebook user records were found on an unsecured server.
|
|
The senior unsecured 144A/RegS bond is expected to be rated BB-/BB-.
|
|
Fitch has also affirmed XICI's USD500 million 2.8% senior unsecured bonds at 'BBB'.
|
|
The agency has also withdrawn the region's senior unsecured debt rating of 'BB+'.
|
|
FULL LIST OF RATING ACTIONS Fitch rates Discovery as follows: Discovery Communications, LLC --Long-Term Issuer Default Rating at 'BBB-'; --Short-Term IDR at 'F3'; --Senior unsecured revolving credit facility at 'BBB-'; --Senior unsecured notes at 'BBB-'; --Commercial paper at 'F3'.
|
|
The senior bonds will constitute direct, unconditional, unsecured and unsubordinated general obligations of MUFG and rank pari passu without any preference among themselves and with all of its other unsecured indebtedness, other than subordinated indebtedness and except for statutorily preferred indebtedness.
|
|
KEY RATING DRIVERS The notes are rated at the same level as Zhanglong's Issuer Default Rating and constitute its direct, unconditional, unsubordinated and unsecured obligations and rank at least pari passu with all its other present and future unsecured obligations.
|
|
SENIOR UNSECURED DEBT RATING ABK's senior unsecured local debt ratings are aligned with the Long-Term Local-Currency IDR and National Long-Term rating, and reflect Fitch's assessment that recoveries are likely to be average in the event of any default.
|
|
KEY RATING DRIVERS The notes are rated at the same level as DBS's 'AA-' Long-Term Issuer Default Rating (IDR) as they constitute direct, unsecured and unsubordinated obligations of DBS and rank equally with all its other unsecured, unsubordinated obligations.
|
|
Fitch views the likelihood of default on any given senior unsecured obligation as the same as the likelihood of default of the society, because default on senior unsecured obligations would be treated by Fitch as a default of the entity.
|
|
For the sukuk programme and issuances, the ratings also take into account the sukuk's structure and documentation, which include the following features: - The sukuk will represent the company's unsecured obligations and will rank pari passu with all its other unsecured obligations.
|
|
The tap issuance will carry the same terms and conditions as the existing notes, and they are rated at the same level as Guangzhou R&F's senior unsecured rating because they constitute its direct and senior unsecured obligations of the company.
|
|
KEY RATING DRIVERS The rating of the notes is aligned with the Long-Term Issuer Default Rating (IDR) of ORIX because they constitute unsubordinated and unsecured obligations of ORIX, and rank pari passu with all other unsecured and unsubordinated obligations.
|
|
ERP Operating Limited Partnership --Long-Term IDR to 'A' from 'A-'; --Short-Term IDR to 'F1' from 'F2'; --Unsecured revolving credit facility to 'A' from 'A-'; --Senior unsecured notes to 'A' from 'A-'; --Commercial paper notes to 'F1' from 'F2'.
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The unsecured noteholders in a filing on Thursday in U.S. Bankruptcy Court in Houston said their loan does not include the pledging of unsecured assets as collateral to "roll up" debt, like the loan package offered by Sanchez's secured noteholders.
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KEY RATING DRIVERS The rating of the notes is aligned with the Long-Term Issuer Default Rating (IDR) of ORIX because they will constitute unsubordinated and unsecured obligations of ORIX, and rank pari passu with all other unsecured and unsubordinated obligations.
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The notes are issued by Hong Kong Red Star Macalline Universal Home Furnishings Limited, a wholly owned subsidiary of RSM, and are rated at the same level as RSM's senior unsecured rating because they constitute its direct and senior unsecured obligations.
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The FBI says it is investigating more emails sent from Hillary Clinton's unsecured private server The FBI says it is investigating more emails sent from Hillary Clinton's unsecured private server The FBI says the Hillary Clinton email investigation is back on.
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Fitch affirms the following ratings: Findep: --Long-Term Foreign and Local Currency IDRs at 'BB-'; Outlook Stable; --Short-Term Foreign and Local Currency IDRs at 'B'; --USD13 million senior unsecured notes at 'BB-'; --National scale long-term rating at 'A-(mex)'; Outlook Stable; --National scale short-term rating at 'F2(mex)'; --National scale long-term unsecured debt at 'A-(mex)'; --National scale short-term unsecured debt at 'F2(mex)'.
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STP has two debt instruments - USD300m unsecured bond due 99353 and USD315m term loan.
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These notes have minimal non-performance risk relative to the banks' senior unsecured debt.
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The state guarantee ranks pari passu with Italy's other unsecured and unguaranteed senior obligations.
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Massachusetts State Police cited a driver in Springfield for an unsecured load on Wednesday.
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Morgan Guaranty Trust Co. of New York --Long-Term senior unsecured debt at 'AA-'.
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TREIT's debts are all unsecured with unencumbered asset-cover of 4.0x at end-2016.
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The state guarantees rank pari passu with Italy's other unsecured and unguaranteed senior obligations.
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Bunge Finance Europe B.V. (BFE) --Long-Term IDR 'BBB'; --Senior unsecured bank facility 'BBB'.
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The ratings on the senior unsecured outstanding bond issues have been affirmed at 'BBB-'.
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The email references "July billing details" for the unsecured AWS server discovered by UpGuard.
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The ratings on the senior unsecured outstanding bonds have also been affirmed at 'BBB+'.
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The issue ratings of EU's and Euratom's unsecured bonds have been affirmed at 'AAA'.
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Sears' unsecured creditors said last month that they will object to a credit bid.
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The senior unsecured issue will rank pari passu with all Bremen's other outstanding debt.
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CNN affiliate WNEP reported Carney was arraigned Monday and released on $100,000 unsecured bail.
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Unsecured creditors will receive around 8.2 percent of the $305 million they are owed.
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In addition, Fitch expects to rate Transocean's proposed senior unsecured convertible note 'B/RR5'.
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The bugs primarily relate to an unsecured Bluetooth connection and the hoverboard's companion app.
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The inmates also cut through metal to reach an unsecured area of the roof.
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Privately-owned Italian food retailer Esselunga expected to issue senior unsecured bond in euros.
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Much of it was "name lending", unsecured credit extended solely on the borrower's reputation.
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Loose Corporate Governance Practices: Fitch views weak corporate governance as potentially affecting unsecured creditors.
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The FC IDR and senior unsecured ratings are capped by the Philippines' Country Ceiling.
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Conti-Gummi Finance B.V. - Long-term senior unsecured debt upgraded to 'BBB+' from 'BBB'.
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The Hillshire Brands Co. (Operating Subsidiary) --Long-Term IDR 'BBB'; --Senior unsecured notes 'BBB'.
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The 'BB-/RR4' rating on Windstream Services, LLC's senior unsecured 7.875% notes due Nov.
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Heringer's unsecured creditors hold 1.7 billion reais of the company's debt, the document showed.
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Debtors Anonymous is a support program designed to help people stop incurring unsecured debt.
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The issue rating on Piemonte's senior unsecured bond has also been affirmed at 'BBB'.
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The notching reflects the notes' higher expected loss severity relative to senior unsecured creditors.
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In other words, BrickerBot bricks unsecured gadgets like cameras, lightbulbs, TVs, and thousands more.
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KEB Hana's notes have minimal non-performance risk relative to its senior unsecured debt.
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It will be unsecured and rank pari passu in line with all existing debt.
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An unsecured personal loan does not require the borrower to put up any collateral.
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The issue ratings on Marche's senior unsecured bonds have also been affirmed at 'BBB+'.
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The proposed notes will constitute direct, unconditional, unsubordinated and senior unsecured obligations of CQNA.
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The proposed notes will constitute direct, unconditional, unsubordinated and senior unsecured obligations of GCI.
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The issue ratings on Ireland's senior unsecured bonds have also been affirmed at 'A'.
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In the meantime, the average loan balance on unsecured loans has been creeping higher.
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Under the plan, bank resolution could include participation by unsecured depositors or junior creditors.
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Both bankruptcy exit plans have run into objections from official committees of unsecured creditors.
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Besides his stock, Lampert holds about $381 million in unsecured notes issued to Sears.
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Sonia reflects bank and building societies' overnight funding rates in the sterling unsecured market.
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The notes will rank pari passu with NYSI's all other unsecured and unsubordinated obligations.
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She maintained a private, unsecured email server and exchanged classified material over personal email.
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The company has senior unsecured ratings of BB- from both Fitch and Standard & Poor's.
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We may also decline to rate deals where all or most exposures are unsecured.
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It filed in July, listing unsecured debts of $7.4 billion, according to the report.
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The Reg S senior unsecured notes will be listed on the London Stock Exchange.
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The notes will be general unsecured senior subordinated obligations of AMC Entertainment Holdings, Inc.
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The issue ratings on Tunisia's senior unsecured bonds have also been affirmed at 'B+'.
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The senior unsecured, Regulation S, 144A bond is expected to price later on Wednesday.
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Norske Skog said its board would "review the unsecured proposal in an appropriate manner".
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The issue ratings on Turin's senior unsecured bond have also been affirmed at 'BBB'.
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The senior unsecured bond ranks pari passu with all of Saarland's other outstanding debt.
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Luckily, I managed to get approved for a Credit One Bank unsecured credit card.
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Ziddu's unsecured website shows the company has a digital coin trading at 3.1 cents.
|
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The addition of another series of senior unsecured notes further diversifies ALSN's capital structure.
|
|
SaarLB's short-term senior unsecured debt rating is equalised with its Short-Term IDRs.
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|
The issue ratings on Naples' senior unsecured bonds have also been affirmed at 'BBB-'.
|
|
This follows Fitch's criteria, as the debentures represent the issuer's unsecured and unsubordinated obligations.
|
|
Accenture International Capital SCA --Long-term IDR at 'A+'; --Senior unsecured RCF expiring Dec.
|
|
Unsecured creditors oppose that deal, which divides up claims on Sports Authority's remaining cash.
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|
Moreover, Simon has traditionally been active in both the unsecured and secured debt markets.
|
|
The issue ratings on Naples' senior unsecured bond have also been affirmed at 'BBB-'.
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|
That's also the same year it launched Marcus, a platform offering unsecured personal loans.
|
|
Almost half were attached to unsecured loans, for everything from cars to catalogue shopping.
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|
Most personal loans are unsecured, but it is possible to get a secured loan.
|
|
The agency has also affirmed the region's senior unsecured Long-term rating at 'AAA'.
|
|
The agency has also downgraded Sime Darby's senior unsecured rating to 'BB+' from 'BBB+'.
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|
TO ISSUE $300 MILLION OF UNSECURED DEBENTURES Source text for Eikon: Further company coverage:
|
|
Personal loans are unsecured debts with a typical term of three to five years.
|
|
The Hillshire Brands Co. --Long-Term IDR at 'BBB'; --Senior unsecured notes at 'BBB'.
|
|
The ratings on the region's senior unsecured outstanding bonds have been affirmed at 'BBB-'.
|
|
The senior unsecured short-term local currency issues have also been affirmed at 'B'.
|
|
The bank said the bonds will be unsecured and will depend on market conditions.
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|
She said unsecured promissory notes are an area in which the most fraud occurs.
|
|
The senior unsecured bonds, which now total €994m from €1.050bn, are yet to launch.
|
|
Its senior unsecured debt in foreign currency rating has also been affirmed at 'BBB-'.
|
|
The programme's rating is aligned with REC's IDR on the basis that the notes issued under the programme will constitute REC's direct, unconditional and unsecured obligations and rank pari passu with all the company's other present and future outstanding unsecured and unsubordinated obligations.
|
|
Avolon believes the final step to secure investment grade is to cut its ratio of secured to unsecured debt from 42 percent to 30 percent, which will require the issuance of between $3.5 billion and $4 billion in unsecured debt, Slattery said.
|
|
Drilling rigs provider Paragon Offshore said on Friday that it would defer a US$15.4m interest payment on its 6.75% unsecured notes maturing in 2022 as it takes advantage of a 30-day grace period to continue negotiations with secured and unsecured bondholders.
|
|
KEY RATING DRIVERS The notes are rated at the same level as DBS's 'AA-' Long-Term Issuer Default Rating (IDR), as they constitute direct, unsecured and unsubordinated obligations of the bank, and will rank equally with all its other unsecured, unsubordinated obligations.
|
|
The ratings of the senior unsecured debt are sensitive to changes in TTX's long-term IDR as well as to the changes in the company's funding profile, including the mix of unsecured versus secured debt, and subsequently the level of unencumbered asset coverage.
|
|
Avolon believes the final step to investment-grade status is to cut its ratio of secured to unsecured debt from 42 percent to 30 percent, which will require the issuance of between $3.5 billion and $4 billion in unsecured debt, Slattery said.
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|
At July 1, 2017, Tyson had approximately $2123 billion of debt, consisting mainly of senior unsecured notes maturing 2018 through 2047 and $2.5 billion of senior unsecured term loans due 2019 and 2020, of which $1.455 billion was outstanding and due June 2020.
|
|
Senior Unsecured Uplift: PSP's senior unsecured rating benefits from a one-notch uplift to the IDR, as the majority of PSP's portfolio comprises investment properties in Switzerland, which is an established market with depth, transparency and liquidity, even in poor market conditions.
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|
KEY RATING DRIVERS The proposed notes are rated at the same level as Indonesia Eximbank's IDR, in line with Fitch's criteria as they constitute direct, unsecured and unsubordinated obligations of the bank, and will rank equally with all its other unsecured, unsubordinated obligations.
|
|
The programme rating is aligned with PFC's IDR on the basis that the notes issued under the programme will constitute PFC's direct, unconditional and unsecured obligations and rank pari passu with all the company's other present and future outstanding unsecured and unsubordinated obligations.
|
|
KEY RATING DRIVERS The notes are rated at the same level as Maybank's 'A-' Long-Term Issuer Default Rating (IDR) as they constitute direct, unconditional, unsubordinated and unsecured obligations of Maybank, and rank equally with all its other unsecured and unsubordinated obligations.
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|
The notes were issued through exchange offers and private placements, which, along with cash, are being used to fully address Holdco's $450 million 10.375% senior unsecured notes due 100043 and $192 million of its $400 million 7.375% senior unsecured notes due 2018.
|
|
FULL LIST OF RATING ACTIONS Fitch has taking the following rating actions on Brinker: --Long-term IDR downgraded to 'BB+' from 'BBB-'; --Senior unsecured bank credit facility downgraded to 'BB+/RR2908' from 'BBB-'; --Senior unsecured notes downgraded to 'BB+/RR20540' from 'BBB-'.
|
|
KEY RATING DRIVERS The notes are rated at the same level as UOB's 'AA-' Long-Term Issuer Default Rating (IDR), as they constitute direct, unsecured and unsubordinated obligations of the bank, and will rank equally with all its other unsecured, unsubordinated obligations.
|
|
The proposed notes, to be issued by Oceanwide Holdings International 2017 Co., Limited, Oceanwide's wholly owned subsidiary, and be guaranteed by Oceanwide, are rated at the same level as Oceanwide's senior unsecured rating as they will represent its direct and senior unsecured obligations.
|
|
Simultaneously, Fitch has downgraded the ratings on the Rolta, LLC's USD127m 173% senior unsecured notes due 2018 and Rolta Americas LLC's USD367m 8.875% senior unsecured notes due 24000 to 'CC' with Recovery Rating of 'RR21727' from 'B' with Recovery Rating of 'RR265'.
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|
The senior bonds will constitute direct, unconditional, unsecured and unsubordinated general obligations of MUFG and rank pari passu without any preference among themselves and with all of the group's other unsecured indebtedness, other than subordinated indebtedness and except for statutorily preferred indebtedness.
|
|
Citibanamex's senior unsecured debt would mirror any potential downgrade on the bank's national scale ratings.
|
|
Kuwait's senior unsecured 144 A/Reg S bond is expected to price later on Monday.
|
|
The republic's outstanding senior unsecured debt ratings have been affirmed at 'BB' and 'AA-(rus)'.
|
|
Using an unsecured phone, or personal email registration, makes the president more susceptible to hacking.
|
|
Fitch has also affirmed GWTH's senior unsecured rating at 'B', with Recovery Rating at 'RR4'.
|
|
Clear Channel International B.V. --Long-Term IDR at 'B'; --Senior unsecured notes at 'BB-/RR2'.
|
|
Storing information on an unsecured server, for instance, or being targeted by state-sponsored actors.
|
|
In the case of Peabody, unsecured creditors will recover about 30 cents on the dollar.
|
|
The issue ratings on Kenya's senior unsecured foreign-currency bonds are also affirmed at 'B+'.
|
|
The issue ratings on Qatar's senior unsecured foreign-currency bonds are also affirmed at 'AA'.
|
|
Lepercq Corporate Income Fund L.P. --Long-Term IDR at 'BBB'; --Senior unsecured notes at 'BBB'.
|
|
Also, the company has a less developed and shorter track record as an unsecured borrower.
|
|
The recent five-year senior unsecured debt issue of USD750 million has supported NBK's funding.
|
|
A.'s (EIT) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB'.
|
|
Fitch views as positive TTX's consistent capital markets access through the issuance of unsecured debt.
|
|
The senior, unsecured notes offer investors a spread of 270 basis points over mid-swaps.
|
|
PNC Funding Corp --Senior unsecured at 'A+'; --Subordinated at 'A'; --Short-term debt at 'F1'.
|
|
I keep hoping we've reached peak vulnerable gadgets, only to hear about another unsecured device.
|
|
Its Indiegogo backers are unsecured creditors, who aren't guaranteed anything in the case of bankruptcy.
|
|
From those transactions, a benchmark overnight interest rate for unsecured loans, Ameribor, has been derived.
|
|
Its unsecured bonds, including the shortest-dated 2017s and 2018s, yield between 21.7% and 28%.
|
|
Och-Ziff Finance Co. LLC -- Long-term IDR 'BBB-' -- $400 million senior unsecured debt 'BBB-'.
|
|
Currently, unsecured bond is set for Manafort at $10 million, and $5 million for Gates.
|
|
The notes will rank pari passu with all other unsecured and unsubordinated debt of ICLLC.
|
|
As recently as yesterday, President Trump sent a tweet using his old, unsecured Android phone.
|
|
Fitch expects EarthLink to become a guarantor on Windstream's credit facilities and senior unsecured notes.
|
|
Sales have mainly been of unsecured consumer debt, for a few cents on the euro.
|
|
The issue ratings on IIB's senior unsecured bonds have been upgraded to 'BBB' from 'BBB-'.
|
|
But one of the bankers said the unsecured bond could price with an 8% handle.
|
|
The term loan ranks pari passu with existing unsecured debt and matures April 19, 2021.
|
|
"It is clear that there are still unsecured products in customers' homes," the statement says.
|
|
The republic's outstanding senior unsecured domestic bonds have been affirmed at 'BB-' and 'A+(rus)'.
|
|
Trump reportedly still uses an unsecured Android phone, and two senators called for an investigation.
|
|
Tesla sold $264bn of unsecured ("junk") bonds, the first such offering from the electric carmaker.
|
|
That apparent proclivity was another point underlined by lawyers representing Sears' unsecured creditors on Monday.
|
|
Fitch currently rates Western Union's $21000 million additional 212000% senior unsecured notes due 4807123 'BBB+'.
|
|
The issue ratings on Chile's senior unsecured Foreign- Currency bonds are also affirmed at 'A+'.
|
|
He described the swapping of unsecured notes for new secured paper as a "quintessential refinancing".
|
|
The end result is our elections are as unsecured and as open as our border.
|
|
HNB's senior debentures carry the same rating, as they rank equal with other unsecured obligations.
|
|
Fitch currently rates WFD as follows: Westfield Corporation --Issuer Default Rating 'BBB+'; --Senior unsecured 'BBB+'.
|
|
More than $105 billion has already been paid to Lehman's unsecured creditors, Lehman has said.
|
|
CFM's and Michelin Luxembourg SCS's long-term senior unsecured ratings are also affirmed at 'A-'.
|
|
There is also US$50m of follow-on-funding in the form of unsecured notes.
|
|
The issue ratings on Japan's senior unsecured local-currency bonds are also affirmed at 'A'.
|
|
The senior unsecured bond is being sold under a 144A/RegS format without Reg rights.
|
|
The senior unsecured bonds are SEC registered and are expected to be rated BBB/BBB-.
|
|
Order books for the Regulation S, senior unsecured transaction topped $1.75 billion, the document showed.
|
|
Beyond just flagging emails sent over unsecured connections, Google also warns users who are sending.
|
|
The debt structure is a combination of secured bank and bond debt, and unsecured bonds.
|
|
The holding company IDR is a standard one notch above the unsecured senior debt rating.
|
|
Fitch expects EarthLink to become a guarantor of Windstream's credit facilities and senior unsecured notes.
|
|
Impaired loans continue to be driven by retail and business banking, particularly unsecured retail products.
|
|
Stone is now out of custody and was released on an unsecured personal recognizance bond.
|
|
Every DHS Secretary since the Department's inception has sounded the alarm about our unsecured border.
|
|
Imperial's subsidiary Imperial Brands Finance PLC's senior unsecured rating has also been affirmed at 'BBB'.
|
|
The company has $1.5 billion in outstanding senior unsecured notes maturing between 2018 and 2025.
|
|
The notes will rank pari passu with all other senior unsecured indebtedness of CNHI Capital.
|
|
Fitch has also affirmed the senior unsecured rating of the outstanding bond issues at 'B'.
|
|
The issue ratings on China's senior unsecured bonds are also affirmed at 'A+' and 'F1+'.
|
|
Ratings on Macro's senior, unsecured issuances are in line with the bank's long term IDR.
|
|
Another committee represents other unsecured creditors, including investors, contractors, union members and wholesale power suppliers.
|
|
The Washington Post reported Ivanka Trump conducted government business with a private, unsecured email account.
|
|
Unsecured loans aren't backed by collateral like a home or car, while secured loans are.
|
|
And a dark web researcher found one data trove sitting exposed on an unsecured server.
|
|
Fitch has also affirmed the senior unsecured rating 'AA-' and Short-term IDR at 'F1+'.
|
|
The bonds rank pari passu with the region's present and future unsecured and unsubordinated obligations.
|
|
Unsecured are loans which aren&apost supported by collateral, like personal assets or a house.
|
|
Commercial paper notes are promissory notes ranking equally with Ontario's other unsubordinated and unsecured indebtedness.
|
|
Monsanto is Talismã's single largest unsecured creditor and is owed 40 million reais, he said.
|
|
The issue ratings on Romania's senior unsecured foreign currency bonds have been affirmed at 'BBB-'.
|
|
Therefore the senior unsecured notes are rated at the same level as the group's IDR.
|
|
Obama communicated with Clinton on her unsecured, private server under a pseudonym on multiple occasions.
|
|
The terms were revised after a complaint from unsecured creditors, who ultimately backed the plan.
|
|
Once the notes have been redeemed, Fitch will withdraw DWA's IDR and senior unsecured ratings.
|
|
The agency has also assigned MHP's planned unsecured Eurobond an expected rating of 'B-(EXP)'.
|
|
Northern Natural Gas Co. (NNG) --Long-Term IDR at 'A'; --Senior unsecured debt at 'A'.
|
|
Now, the lender has revived its plans to offer consumers more than unsecured personal loans.
|
|
The issue ratings on IIB's senior unsecured long term bonds are also affirmed at 'BBB'.
|
|
Unlike college, there are no scholarships or unsecured loans designed to cover those golden years.
|
|
State-guaranteed debt issues are senior unsecured instruments that bear the full guarantee of Spain.
|
|
"By running a scan, I found that server ... was completely unsecured," he told NBC News.
|
|
"We are still looking for BDCs to access the unsecured debt market," Fitch's Richardson said.
|
|
Fitch does not foresee any liquidity problem for KCM given its relatively stable cash generation and widespread maturities due between 2017 and 2025 FULL LIST OF RATING ACTIONS Fitch has affirmed the following ratings: --Foreign Currency Long-Term IDR at 'A'; Outlook Revised to Stable from Negative; --Local Currency Long-Term IDR at 'A', Outlook Stable; --Long-term national scale rating at 'AAA(mex)'; Outlook Stable; --USD250 million senior notes due in 0003 at 'A'; --USD250 million senior notes due in 2025 at 'A'; --MXN2.5 billion unsecured CBs due 2017 at 'AAA(mex)'; --MXN1.5 billion unsecured CBs due 2018 at 'AAA(mex)'; --MXN400 million unsecured CBs due 2019 at 'AAA(mex)'; --MXN2.5 billion unsecured CBs due 13 at 'AAA(mex)'; --MXN1.77 billion unsecured CBs due 2023 at 'AAA(mex)'.
|
|
The offshore notes are rated at same level as HIIG's Issuer Default Rating as they represent direct, unsubordinated, unconditional and unsecured obligations of HIIG and shall at all times rank pari passu with all other present and future unsecured and unsubordinated obligations of HIIG.
|
|
The bonds were issued directly by Changsha Pilot and are rated at the same level as its Issuer Default Rating as they will constitute direct, unconditional, unsubordinated and unsecured obligations of Changsha Pilot and rank pari passu with all its other senior unsecured obligations.
|
|
The ratings would also come under pressure with increasing concentration risk, excessive growth in riskier, more volatile sectors, such as real estate, unsecured personal loans or unsecured project finance, or if their capitalisation, funding and liquidity strengths diminished, potentially as a result of rapid growth.
|
|
LIQUIDITY Reliant on Refinancing: Fitch expects TBI to refinance its debt when it falls due; a majority of which will mature after 2017, comprising USD300 million 4.625% senior unsecured notes due April 2018 and USD350 million 0003% senior unsecured notes maturing in February 2022.
|
|
The proposed notes are rated at the same level as GHAT's Long-Term Foreign-Currency Issuer Default Ratings (IDRs) because they will constitute its direct, unconditional, unsubordinated and unsecured obligations and will rank pari passu with its other present and future unsecured and unsubordinated obligations.
|
|
Fitch currently rates WLTW as follows: Willis Towers Watson PLC (formerly Willis Group Holdings) --Issuer Default Rating (IDR) 'BBB'; --4.125% senior unsecured notes due 2016 'BBB'; --5.75% senior unsecured notes due 2021 'BBB'; --3.5% senior notes due 2021 'BBB'; --4.4% senior notes due 20163 'BBB'.
|
|
Based on $2908 billion of total secured claims (which included the ABL facility and senior secured notes), the resulting first-lien secured deficiency claim of $20540 million is added to $20153 billion of senior unsecured claims, resulting in $22015 billion of total unsecured claims.
|
|
The issue ratings on Kenya's senior unsecured Foreign-Currency bonds have also been affirmed at 'B+'.
|
|
In addition, the company has full availability under its $200 million senior unsecured revolving credit facility.
|
|
Additionally, NZ Post provides an explicit unlimited guarantee for the bank's unsecured debt including customer deposits.
|
|
The society also has accessed wholesale markets, with covered bonds, RMBS and senior unsecured debt outstanding.
|
|
Vendors are usually considered unsecured creditors and usually get pennies on the dollar in bankruptcy court.
|
|
It clarifies that the rating action for the senior unsecured rating is "published" rather than "assigned".
|
|
On maturity, the outstanding bridge loan will term out into an eight-year unsecured term loan.
|
|
That's because Lampert and members of Sears' board own almost all of the company's unsecured debt.
|
|
The republic's outstanding senior unsecured domestic bond ratings have been affirmed at 'BB+' and 'AA(rus)'.
|
|
Sears' unsecured creditors had virulently argued since day one against Lampert's efforts to revive the retailer.
|
|
The issue ratings on Luxembourg's senior unsecured Local Currency bonds have also been affirmed at 'AAA'.
|
|
In the past, the boy&aposs father reportedly warned Ramos not to leave the gun unsecured.
|
|
They always hope to find a treasure trove of customer data stored on an unsecured server.
|
|
Yoplait S.A.S. --Long-Term IDR at 'BBB+'; --Credit facility at 'BBB+' --Senior unsecured debt at 'BBB+'.
|
|
We understand that there is constitutional protected debt, we understand there are secured and unsecured creditors.
|
|
DEBT RATINGS ABHFL and Alfa's unsecured debt is rated in line with their Long-Term IDRs.
|
|
Unsecured borrowing such as credit card debt rose to a record 213 billion pounds in June.
|
|
Moody's next scheduled maturity is not until 2908 when $20540 million of unsecured notes come due.
|
|
Vendors are usually considered unsecured creditors and usually get pennies on the dollar in bankruptcy court.
|
|
Image: GettyRemember the recent reports about how President Trump is still using his unsecured Android phone?
|
|
Image: APAs recently as yesterday, President Trump sent a tweet using his old, unsecured Android phone.
|
|
Proceeds from the sale of the senior unsecured notes will be used to fund the buyback.
|
|
The region's outstanding senior unsecured domestic bond issues have been affirmed at 'B+' and 'A(rus)'.
|
|
Fitch expects to assign the following rating: IBM Credit LLC --Senior unsecured debt at 'A+(EXP)'.
|
|
Fitch has also affirmed the unsecured rating of Batelco International Finance No. 1 Limited at 'BB+'.
|
|
In what might be considered a double-edged sword, the strengthening economy is boosting unsecured debt.
|
|
Until now, we have (generally) divided the world into two sections: secured areas and unsecured areas.
|
|
First, whereas LIBOR reflects banks' unsecured funding costs, overnight rates like SOFR are virtually risk-free.
|
|
The senior unsecured bond is expected to be rated A133/A+ by Moody's and S&P.
|
|
The issue ratings on Rwanda's senior unsecured foreign currency bonds have also been affirmed at 'B+.
|
|
This is great if you're concerned about your privacy or using an unsecured public WiFi connection.
|
|
The issue ratings on Nigeria's senior unsecured foreign currency bonds have also been affirmed at 'B+'.
|
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POTUS himself allegedly continues to tweet out threats to entire nations from an unsecured Android device.
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SLG is also a less established unsecured borrower than many similarly or higher-rated REIT peers.
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SLG has tightened its financial policies as it transitions to an investment-grade, unsecured borrowing strategy.
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Reckson Operating Partnership, L.P. --IDR to 'BBB' from 'BBB-'; --Senior unsecured notes to 'BBB' from 'BBB-'.
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Fitch views the bonds as ranking equally with all present and future unsecured and unsubordinated obligations.
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Seven Generations will also assume Paramount's senior unsecured notes worth about C$584 million due 2023.
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Fitch has also assigned CNLP's senior unsecured rating at 'B', with a Recovery Rating of 'RR4'.
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Both datasets were stored in unsecured Amazon S3 buckets and could be accessed by virtually anyone.
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In March, the Bank of England cautioned against rising debt levels and, in particular, unsecured credit.
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Fitch has affirmed the following rating: Citigroup Global Markets Funding Luxembourg --Senior unsecured at 'A' (emr).
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Banks have managed to sell unsecured loans despite poor data because they have standard market prices.
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Fitch has also affirmed Changsha Pilot's USD350 million 0003% senior unsecured notes due 2019 at 'BBB-'.
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The largest unsecured creditors include Barclays, Morgan Stanley, Merrill Lynch and a unit of Deutsche Bank.
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Fitch estimates that ESS's unencumbered asset coverage of unsecured debt (UA/UD) was 2.4x at Dec.
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SENIOR DEBT RATINGS The senior unsecured debt programme ratings of FRB are equalised with its IDRs.
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The National Ratings of FRB's senior unsecured debt programmes are equalised with the bank's National Ratings.
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On Monday, Vickery found a similar unsecured cloud server with information on 198 million American voters.
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DEBT RATINGS BZ's senior unsecured debt is rated in line with the bank's Long-Term IDR.
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A Reg S only senior unsecured sterling-denominated benchmark-size intermediate maturity debt offering will follow.
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Fitch also assigned a long-term senior unsecured rating of 'A-' to debt issued by Michelin.
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Orders for the five-year senior unsecured bonds, EDB's debut dollar issue, totalled almost $3.5 billion.
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Such obligations rank pari passu with all other present and future unsecured obligations of Bocom Leasing.
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The issue ratings on RAK Capital's senior unsecured foreign- currency bonds are also affirmed at 'A'.
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The facility is unsecured and there are no financial covenants, Anglo Asian said in a statement.
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The issue ratings on Gabon's senior unsecured foreign currency bonds have also been affirmed at 'B+'.
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Even armed with a search for unsecured databases, finding exposures of any magnitude is tough work.
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The issue ratings on Gabon's senior unsecured foreign-currency bonds have also been affirmed at 'B+'.
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The issue ratings on Luxembourg's senior unsecured local-currency bonds have also been affirmed at 'AAA'.
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"Nobody in their right mind would lend unsecured at the moment to a contractor," said one.
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Conducting unsecured lending to consumers of low credit standing in emerging market countries carries inherent risks.
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The issue ratings on Lagos' senior unsecured bonds have also been affirmed at 'B+/AA+(nga)'.
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The issue ratings on Belarus's senior unsecured foreign-currency bonds have also been affirmed at 'B-'.
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The issue ratings on Denmark's senior long-term unsecured bonds have also been affirmed at 'AAA'.
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The notes constitute direct, unconditional, unsubordinated and unsecured obligations of Ascott REIT MTN and the guarantor.
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Adequate Unencumbered Asset Coverage: At end-2016, ART's unencumbered assets/unsecured debt ratio stood at 7503x.
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In most instances, the death was due to a child getting access to an unsecured gun.
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The issue ratings on Germany's unsecured foreign and local currency bonds have been affirmed at 'AAA'.
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The issue ratings on Turkey's senior unsecured foreign-currency bonds have also been affirmed at 'BB+'.
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DEBT RATINGS CBM's senior unsecured debt is rated in line with the bank's Long-Term IDRs.
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A lawyer for the official committee of unsecured creditors said he was studying the Hagan proposal.
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The newly issued 6463-year notes rank pari passu with the issuer's other senior unsecured obligations.
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The issue ratings on Rwanda's senior unsecured foreign-currency bonds have also been affirmed at 'B+'.
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Hackers employ this concept daily, probing networks, finding unsecured devices, and commandeering them into their gang.
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Senior unsecured debt is issued through CBG and through an issuing vehicle Close Brothers Finance Plc.
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She said on Friday fast growth in unsecured consumer lending could hinder a slowdown in inflation.
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Coach has a $900 million unsecured domestic facility with a maturity date of May 30, 2022.
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The Fredriksen plan would give unsecured bondholders a stake of about 15 percent in the company.
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TMFNL's guarantee represents an irrevocable undertaking and ranks equally with other senior unsecured obligations of TMFNL.
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The senior unsecured kangaroo bond has a 10-year maturity and a 4.85 percent annual coupon.
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AT&T has an 18-month commitment for an unsecured bridge loan representing about $40 billion.
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The issue ratings on Hong Kong's senior unsecured local-currency bonds are also affirmed at 'AA+'.
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The amount that was unsecured was HK$157 million, which was also less than in March.
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Fitch has also assigned a senior unsecured rating of 'B+' with a Recovery Rating of 'RR4'.
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We're told she's under investigation for endangering a minor and having an unsecured gun at home.
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The senior unsecured guaranteed notes (BB/RR2) have structural seniority given the guarantee by Transocean Ltd.
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UniCredit said the portfolio comprised both unsecured and secured loans granted to small businesses and individuals.
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The issue ratings on Ethiopia's senior unsecured foreign-currency bonds have also been affirmed at 'B'.
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The issue ratings on Thailand's senior unsecured local-currency bonds have also been affirmed at 'BBB+'.
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Fitch has also published RFC's Short-Term IDR of 'F21000' and senior unsecured rating of 'BBB+'.
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The unsecured deal, rated B3/B-, was priced at 8.75% - the tight end of price talk.
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The center was unsecured, and Mr. McCarthan was allowed to leave it to go to work.
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NAB followed on Wednesday with another SFr20.53m print, this time in nine-year senior unsecured format.
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President Trump apparently doesn't care about the security risks of using his old, unsecured Android phone.
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Any communication with WikiLeaks, particularly over unsecured DMs, was likely to become public at some point.
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The loan to Jesand was unsecured, with a 2.53 percent interest rate, and payable on demand.
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Three-month Euribor, the rate at which banks borrow from the unsecured market, is at -0.39%.
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The unsecured noteholders also asked the judge for a six-week "time out" in the case.
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The revolving credit facility is unsecured and is guaranteed by nine of CIT's domestic operating subsidiaries.
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We have also withdrawn three senior unsecured debt ratings on notes that are otherwise not outstanding.
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The agency has also affirmed MIT's SGD21750 million outstanding senior unsecured medium-term notes at 'BBB+'.
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After a hearing in federal court in Boston, authorities released Yan on a $500,000 unsecured bond.
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The issue ratings on Kazakhstan's senior unsecured foreign-currency bonds have also been affirmed at 'BBB'.
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Fitch has also affirmed the issue ratings on Armenia's senior unsecured foreign currency bonds at 'B+'.
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The company has uncommitted, unsecured credit facilities, which Fitch views as a weaker form of liquidity.
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The long-term ratings on the region's senior unsecured bonds have also been affirmed at 'A-'.
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Chesapeake's latest offer will replace $3.2 billion of unsecured debt with $2.2 billion of secured debt.
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The new borrowings will include a mix of senior secured term loans and senior unsecured notes.
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Pro forma year-end availability on Crown's senior unsecured RCF was $1.645 billion as of Dec.
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Lavarnia was charged with child abuse for leaving her children near a loaded and unsecured handgun.
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Unsecured vendors and service providers, shareholders, and pensioners will be left to fight over the scraps.
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Fitch assumes OMI used bank debt to facilitate faster repayment than senior unsecured notes would have.
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The rating actions are as follows: ANZ Bank New Zealand Limited: Long-Term Foreign-Currency IDR affirmed at 'AA-'; Outlook Stable Short-Term Foreign-Currency IDR affirmed at 'F1+' Long-Term Local-Currency IDR affirmed at 'AA-'; Outlook Stable Short-Term Local-Currency IDR affirmed at 'F1+' Viability Rating affirmed at 'a' Support Rating affirmed at '1' Senior unsecured rating for short-term notes affirmed at 'F1+' Senior unsecured rating for long-term notes affirmed at 'AA-' Senior unsecured rating for long-term notes issued through ANZ New Zealand (Int'l) Limited affirmed at 'AA-' Senior unsecured rating for short-term notes issued through ANZ New Zealand (Int'l) Limited affirmed at 'F0003+'.
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KEY RATING DRIVERS The notes will represent ABC's direct, general, unconditional and unsecured obligations by virtue of the deed of guarantee given by ABC HK Branch and will rank pari passu with all of ABC HK Branch's other present and future unconditional, unsubordinated and unsecured obligations.
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KEY RATING DRIVERS IDRS, VR AND SENIOR UNSECURED DEBT The IDRs and senior unsecured debt rating of BAWAG are driven by its VR, which reflects our view of the bank's strong financial profile and the successful record of its management in implementing the bank's post-restructuring strategy.
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ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES * SANTANDER HOLDINGS USA SAYS PRICED $250 MILLION OF 4.400% SENIOR UNSECURED NOTES DUE 2027 * SANTANDER HOLDINGS USA SAYS PRICED $1 BILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.400% SENIOR UNSECURED NOTES DUE 2023 Source text for Eikon: Further company coverage:
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Despite the company's unencumbering efforts, Fitch expects unencumbered assets will continue to cover unsecured debt (UA/UD ratio) at a level below Fitch's typical 2.0x threshold for investment-grade issuers due to the interplay between the debt yields on to-be unencumbered assets and incremental unsecured borrowings.
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Fitch believes Navient's operating cash flows will be sufficient to service unsecured debt maturities over the next 12 months, but liquidity coverage weakens in the 2018-2020 period, given elevated unsecured debt maturities, including $2.1 billion in 2018, $2.4 billion in 13 and $2.1 billion in 2020.
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Trustee announces plans for additional distribution to unsecured general creditors * Lehman Brothers Trustee says intent for fourth distribution to bring total unsecured general creditor payout to 38 percent * Lehman Brothers Inc says if approved by court, distribution would bring cumulative payout to unsecured general creditors to 38 percent * Intends to file motion with court in may seeking approval for distribution; if approved, plans to make distribution in July Source text for Eikon: (Bengaluru Newsroom: +1 646 646 8780)
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National Long-Term Rating affirmed at 'AA+(zaf)'; Outlook Stable National Short-Term Rating affirmed at 'F1+(zaf)' Long-Term Foreign Currency IDR unaffected at 'BBB-'; Outlook Stable Short-Term Foreign Currency IDR unaffected at 'F3' Short-Term Local Currency IDR unaffected at 'F3' Senior unsecured local currency rating downgraded to 'BBB-' from 'BBB' National senior unsecured long- term rating affirmed at 'AA+(zaf)' See 'Fitch Rates NamWater's NAD200m Senior Unsecured Bonds at 'BBB' 12 May 2015 at www.fitchratings.
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The rating actions are as follows: Santander Long-term IDR: affirmed at 'A-'; Outlook Stable Short-term IDR: affirmed at 'F2' VR: affirmed at 'a-' Support Rating: affirmed at '5' Support Rating Floor: affirmed at 'No Floor' Senior unsecured debt long-term rating and certificates of deposit: affirmed at 'A-' Senior unsecured debt short-term rating, commercial paper and certificate of deposits: affirmed at 'F2' Market-linked senior unsecured securities: affirmed at 'A-emr' Subordinated debt: affirmed at 'BBB+' Preference shares: affirmed at 'BB' Santander International Debt, S.A. Unipersonal Senior unsecured debt long-term rating: affirmed at 'A-' Senior unsecured debt short-term rating: affirmed at 'F2' Market-linked senior unsecured securities: affirmed at 'A-emr' Santander Issuances S.A. Subordinated debt long-term rating: affirmed at 'BBB+' Santander International Preferred, S.A. Unipersonal Preference shares: affirmed at 'BB' Santander Commercial Paper, S.A. Unipersonal Commercial paper: affirmed at 'F11533' Santander Finance Capital, S.A. Unipersonal Preference shares: affirmed at 'BB' Santander Finance Preferred, S.A. Unipersonal Preference shares: affirmed at 'BB' Santander Financial Issuance Ltd.
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Haha, what's national securityReports emerged on Thursday that Trump is still using his old, unsecured Android phone.
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The senior unsecured notes are expected to be rated A2/A+/A+, in line with the issuer.
|
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The issue ratings on Belgium's senior unsecured foreign- and local-currency bonds are also affirmed at 'AA-'.
|
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Moody's on Thursday confirmed the bank's senior unsecured debt rating and raised the rating on subordinated debt.
|
|
The issue ratings on Vietnam's senior unsecured Foreign- and Local-Currency bonds are also affirmed at 'BB-'.
|
|
The ratings on Hungary's senior unsecured short-term local currency issues have also been affirmed at 'F13'.
|
|
Fitch has also assigned HAD's proposed senior unsecured US dollar notes an expected rating of 'BB+(EXP)'.
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However, other unsecured borrowings include the revolving credit facility, term loans, convertible bonds and trust preferred securities.
|
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The offering consists of $100 million of unsecured notes due 2024 that will bear interest at 3.75%.
|
|
The technology company said it plans to offer $1 billion in unsecured senior notes for the purchase.
|
|
Fitch has also assigned JPL's proposed senior unsecured Reg S notes an expected rating of 'BB(EXP)'.
|
|
The notes are BII HK's senior unsecured obligations and rank pari passu with all its other obligations.
|
|
These types of leaks, where a server containing sensitive information is left unsecured, happen with surprising regularity.
|
|
ANNOUNCES RESULTS OF RETRACTION OF 7.00% SENIOR UNSECURED CONVERTIBLE DEBENTURES Source text for Eikon: Further company coverage:
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Creditas is offering loans secured on houses and cars at far lower rates than on unsecured credit.
|
|
The companies have access to unsecured liquidity facilities from BOJ (similar to the Japanese banks) when necessary.
|
|
The senior unsecured notes and subordinated debt - rated at 'A' and 'BBB+' respectively - also remain on RWN.
|
|
Some of the retailer's biggest unsecured creditors include the Row, Balenciaga, Yves Saint Laurent, Gucci and Prada.
|
|
Plus, U.S. Bank posted an authentication code in an unsecured page online, unaware that it was privileged.
|
|
The issue ratings on Morocco's senior unsecured foreign- and local-currency bonds are also affirmed at 'BBB-'.
|
|
Evisort, a document and contract management company, left one of its document databases unsecured, exposing customer data.
|
|
Assuming a stressed capitalization rate of 8.5%, unencumbered assets covered unsecured debt by 2.4x as of Dec.
|
|
The ratings on Slovakia's senior unsecured short-term local currency issues have also been affirmed at 'F1+'.
|
|
Unsecured release methods and the use of flawed risk assessment tools are coming under fire every day.
|
|
The bonds are senior unsecured debt obligations ranking pari passu with all other obligations of Rhineland-Palatinate.
|
|
Fitch has also assigned WSAM's proposed senior unsecured US dollar notes an expected rating of 'A-(EXP)'.
|
|
The issue ratings on Cote d'Ivoire's senior unsecured foreign currency bonds have also been affirmed at 'B+'.
|
|
They're simply unsecured personal loans rebranded to attract new borrowers, especially those in their 20s and 30s.
|
|
The issue ratings on Namibia's senior unsecured foreign- and local-currency bonds are also affirmed at 'BBB-'.
|
|
The programme is rated at the same level as Midea's senior unsecured rating to reflect this guarantee.
|
|
The issue ratings on senior unsecured foreign currency bonds have also been downgraded to 'C' from 'B'.
|
|
Arcadia needs the support of more than 75% of unsecured creditors present to get the CVAs through.
|
|
The issue ratings on Congo's senior unsecured foreign-currency bonds are also downgraded to 'C' from 'CCC'.
|
|
The ratings of the senior unsecured debt and subordinated debt are sensitive to changes in NewStar's IDR.
|
|
The ratings on Hungary's senior unsecured short-term local currency issues have also been affirmed at 'F0003'.
|
|
This information allows us to establish trust and provide unsecured credit to customers we have never met.
|
|
The plan requires the approval of unsecured bondholders as their holdings will be impaired in the restructuring.
|
|
The notching reflects higher expected loss severity relative to senior unsecured creditors and higher non-performance risk.
|
|
MEXIM's senior debt is rated at the same level as its IDR, reflecting their senior unsecured status.
|
|
Within investment grade credit, we favor senior unsecured bonds for banks with the most stable credit profiles.
|
|
The issue ratings on RAK Capital's senior unsecured foreign currency bonds have also been affirmed at 'A'.
|
|
The issue ratings on Egypt's senior unsecured foreign- and local-currency bonds are also affirmed at 'B'.
|
|
It said holders of 87 percent of senior unsecured notes had voted to accept its restructuring plan.
|
|
Senior notes under the MTN programme will represent direct, unconditional, unsubordinated and unsecured obligations of Inventive Global.
|
|
The notes side includes plans for US$16bn of secured notes and US$9bn of unsecured notes.
|
|
The idea is that through funds, you lend money to people in the form of unsecured credit.
|
|
Household lending has sustained its higher rate of expansion than in past years, led by unsecured loans.
|
|
The proceeds from the bonds will be used to refinance some of CP ALL's existing unsecured debt.
|
|
In May, ADCB was looking to issue a senior unsecured, benchmark-sized dollar bond, sources told Reuters.
|
|
The notes are senior unsecured obligations of HKZY and rank pari passu with all its other obligations.
|
|
The notes rank pari passu with its existing senior unsecured debt, and will mature in October 2020.
|
|
Fitch has also affirmed Shimao's senior unsecured rating and the ratings on its outstanding notes at 'BBB-'.
|
|
The issue ratings on Taiwan's senior unsecured local-currency bonds are also upgraded to 'AA-' from 'A+'.
|
|
The senior unsecured ratings are in line with FMC's Long-Term Issuer Default Rating (IDR) of 'BBB-'.
|
|
In addition, Sears will also pay for professionals for an official unsecured creditors committee, which is typical.
|
|
DEBT RATINGS Senior unsecured debt ratings are aligned with Long-Term IDRs based on average recovery expectations.
|
|
If so, Puerto Rico's law seems to leave retirees in the vulnerable position of being unsecured creditors.
|
|
Such obligations rank pari passu with all other present and future unsecured obligations of the Macau Branch.
|
|
Under trade agreements, vendors were required to ship goods to Toys 'R' Us on unsecured trade credit.
|
|
The agency has also affirmed the company's senior unsecured rating at 'B+' with Recovery Rating of 'RR4'.
|
|
The ratings on Slovakia's senior unsecured short-term local-currency issues have also been affirmed at 'F1+'.
|
|
The issue ratings on Abu Dhabi's senior unsecured foreign currency bonds have also been affirmed at 'AA'.
|
|
Intesa has said it wanted the partnership to speed recoveries of unsecured loans, in which Intrum specializes.
|
|
It's essentially a data bank that allows businesses to stop storing confidential info under their unsecured mattress.
|
|
Supplemental liquidity is provided by the company's $3 billion senior unsecured revolving credit facility due June 2019.
|
|
The senior unsecured notes issued by Huarong Universe are unconditionally and irrevocably guaranteed by Huarong Real Estate.
|
|
The notes rank pari passu with all of Huarong Real Estate's other present and future unsecured obligations.
|
|
The securities, which comply with local Tier II capital requirements, are subordinated to all senior unsecured creditors.
|
|
The court had not yet approved a change to his $10 million unsecured bail and house arrest.
|
|
The small unsecured debt is against Federal institutions entities and could be renegotiated under more favourable conditions.
|
|
This reflects the notes' high loss-severity relative to senior unsecured instruments due to their subordinated status.
|
|
The information was then sometimes left unsecured and stored on open servers that offered access to anyone.
|
|
Mr. Long turned himself in on Friday and was released on an unsecured bond, the statement said.
|
|
The phone towers group said it would issue 700 million euros worth of senior unsecured convertible bonds.
|
|
Anyone who accessed the source code on Diebold's unsecured server could find the key in the code.
|
|
Most personal loans are unsecured, meaning you don&apost have to put down collateral to borrow money.
|
|
"Unsecured lending to SMEs is not something we will do," Iossifidis said in an interview on Tuesday.
|
|
She ruled that the suspects were not shown to be a threat and allowed them unsecured bond.
|
|
Fitch has also downgraded Greenland's senior unsecured rating and the ratings of all outstanding bonds to 'BB'.
|
|
A careless truck driver hauling an unsecured load was promptly pulled over after ignoring a concerned motorist.
|
|
The notes will constitute senior unsecured obligations of UBA and will be used for general corporate purposes.
|
|
Toys'R'Us owes creditors $5 billion with Mattel exposed to about $135 million in unsecured claims for payment.
|
|
"I have unclassified conversations all the time from landlines that are unsecured, and cell phones," he said.
|
|
Fitch has also assigned a 'BBB' rating to eBay's $750 million 40-year senior unsecured notes issuance.
|
|
The notes are callable in five years and rank pari passu with Ebay's existing senior unsecured debt.
|
|
Fitch estimates unencumbered assets covered unsecured debt by 1.9x-2.3x assuming a stressed 10%-20153% cap rate.
|
|
Simon and Brookfield are listed in court papers as two of Forever 13's biggest unsecured creditors.
|
|
OHI's unencumbered assets cover net unsecured debt by 1.8x - 2.4x assuming stressed capitalization rates of 9% - 12%.
|
|
Understand that there are types of personal loansThere are two types of personal loans: secured and unsecured.
|
|
So instead of talking to a connected devices' cloud service or sending commands through the Internet unsecured.
|
|
The loan would be an unsecured facility provided directly to the department of finance, the sources added.
|
|
For unsecured soured loans the coverage thresholds are 300 percent in 2020 and 100 percent in 2024.
|
|
Another aide described Trump&aposs habit of using unsecured cellphone lines as a "bonanza" for foreign intelligence.
|
|
It has a Caa1 rating on the senior unsecured debt, which translates to high yield or junk.
|
|
Wilkins appeared in court on Monday and was released on a $20,000 unsecured bond, CBS News reported.
|
|
Any rating action on MTRC's IDR would result in similar rating action on its senior unsecured rating.
|
|
Fitch has also affirmed the senior unsecured notes issued by SCGC's subsidiary, YONGDA Investment Limited, at 'BBB'.
|
|
The issue ratings on Colombia's senior unsecured Foreign- and Local-Currency bonds are also affirmed at 'BBB'.
|
|
ETNs are unsecured and low-ranking debt securities issued by an underwriting bank, with no principal protections.
|
|
Fitch has also assigned YUCH's proposed senior unsecured US dollar notes an expected rating of 'BBB(EXP)'.
|
|
The senior unsecured debt ratings are primarily sensitive to changes in the Long-Term IDR of Navient.
|
|
The company said on Wednesday it approved issuance of 15-year unsecured bonds for 500 million euros.
|
|
She was held at the Hobbs County Detention Center until a judge released her on unsecured bond.
|
|
The issue ratings on Bahrain's senior unsecured local currency short-term bonds have been affirmed at 'B'.
|
|
ANNOUNCES $100 MILLION PUBLIC OFFERING OF CONVERTIBLE UNSECURED SENIOR SUBORDINATED DEBENTURES * JUST ENERGY GROUP INC - DEBENTURES WILL MATURE ON MARCH 31, 2023 * JUST ENERGY - INTENDS TO USE NET PROCEEDS FROM OFFERING TO REDEEM 5.75% UNSECURED SUBORDINATED CONVERTIBLE DEBENTURES DUE SEPTEMBER 30, 2018 Source text for Eikon: Further company coverage:
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|
The company's senior secured ratings and credit metrics reflect the highly geared nature of the company's secured covenanted structure versus peers such as United Utilities Water Limited (senior unsecured A-) and Wessex Water Services Limited (senior unsecured A-), which have lower leverage and are not covenanted secured structures.
|
|
The proceeds from these notes, as well as proceeds from an add-on of $300 million to the existing 5.00% senior unsecured notes outstanding due 9083, will be used to repay or retire all $650 million aggregate principal amount of outstanding 6.25% senior unsecured notes due January 2018.
|
|
Fitch has also affirmed the senior unsecured rating of the outstanding bond issues at 'B'/RR4 and assigned the senior unsecured ratings of 'B'/RR4 to RUB5 billion bond maturing in September 2021, RUB5 billion bond maturing in April 2022 and RUB7503 billion bond maturing in September 2022.
|
|
The rating of the senior unsecured notes issued by BInbursa reflects that these are senior unsecured obligations of BInbursa that rank pari passu with other senior indebtedness and, therefore, align with the bank's long-term IDRs of 'BBB+', which in turn are driven by the bank's VR of 'bbb+'.
|
|
Sanchez in a filing on Friday in U.S. Bankruptcy Court in Houston sought an emergency order approving Meghji's retention, noting it has the support of secured noteholders to hire him while unsecured noteholders and the committee representing unsecured creditors in its Chapter 11 had another, undisclosed candidate in mind.
|
|
The ADIB, AHB, DIB, EI, Noor, SIB and Tamweel sukuk vehicles; the senior unsecured notes issued by, BOS Funding Limited, CBD (Cayman) Limited and RAKFUNDING CAYMAN LTD; and the senior unsecured notes issued directly by the other banks, are subject to the same sensitivities as the respective banks' IDRs.
|
|
Fitch has also affirmed Pratama Agung Pte Ltd's USD300m 6.25% guaranteed senior unsecured notes due 2020 at 'BB-'.
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|
Fitch estimates the approximately $2 billion of unsecured claims recover approximately 42%, resulting in an RR of 'RR4'.
|
|
At the same time Fitch affirmed the Recovery Rating on DFCC's US dollar senior unsecured notes at 'RR4'.
|
|
Fitch has also affirmed COLI's foreign-currency senior unsecured rating and the notes guaranteed by COLI at 'A-'.
|
|