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Credit Rating BBB+ News Monitoring

  • Published on Feb 25, 2025

    Sands IG Credit Rating Buoyed by Singapore, Says Fitch

    Posted on: February 24, 2025, 11:23h.  Last updated on: February 24, 2025, 12:31h. Sands still has an investment-grade rating at Fitch Marina Bay Sands viewed as a source of strength Las Vegas Sands’ (NYSE: LVS) credit rating was reaffirmed at “BBB-“ — the …

    Source: Casino.org - Neutral
  • Published on Feb 25, 2025

    Exiting the FATF grey list and getting credit ratings to ‘A’

    Last week, on Feb. 21, the Philippines was taken off the Financial Action Task Force’s (FATF) grey list. That is good. The FATF is the global anti-money laundering watchdog, and the Philippines has been on the FATF grey list since June 2021. Department of …

    Source: Business World - Label Pending
  • Published on Feb 24, 2025

    Business : AM Best Affirms Himalayan Reinsurance Credit Ratings With Stable Outlook

    KUALA LUMPUR, Feb 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of B+ (Good) and the long-term issuer credit rating of “bbb-” (Good) of Nepal’s Himalayan Reinsurance Limited (Himalayan Re), maintaining a …

    Source: Bernama - Label Pending
  • Published on Feb 25, 2025

    S&P affirms Kazakhstan’s ‘BBB-’ rating as economic growth continues

    S&P Global Ratings has affirmed Kazakhstan’s sovereign credit rating at ‘BBB-’, maintaining a stable outlook. The agency highlighted Kazakhstan’s sustained economic growth, particularly in the non-oil sector, which continues to play a significant role …

    Source: Daryo - Uncategorized
  • Published on 06:05 GMT

    S&P warns of significant fiscal impact from Hungarian government's pre-election tax cuts

    S&P Global Ratings warned that the government's measures of extending PIT exemptions to families and increasing welfare spending before the 2026 elections pose serious economic risks and will make it harder to reduce the budget deficit to below 3% …

    Source: BNE Intellinews - Neutral
  • Published on Feb 26, 2025

    THE COMMONWEALTH OF THE BAHAMAS 2024/2025 MID-YEAR BUDGET STATEMENT PRESENTED TO THE HONOURABLE HOUSE OF ASSEMBLY BY THE ...

    VAT RATE MOVES ON UNPREPARED FOOD (FOODSTORES AND GAS STATIONS) MOVES TO 5% EFFECTIVE APRIL 1ST. Prime Minister Philip Edward Davis KC – Minister of Finance Introduction  Today, I have the honour of presenting the Mid-Year update on my Government’s 2024…

    Source: Bahamas Press - Uncategorized
  • Published on 05:48 GMT

    Chicago City Council narrowly approves $830 million infrastructure bond plan

    One city councilor said the city needed to become "self-sufficient" regarding its infrastructure plans, in light of the funding uncertainty Chicago and Illinois face under the Trump administration. CHICAGO (CN) — The Chicago City Council voted 26 …

    Source: Courthouse News - Neutral
  • Published on 02:58 GMT

    Nissan now rated ‘junk’ by Fitch, Moody’s, and S&P

    On 26 February 2025, Fitch Ratings reduced Nissan’s rating from BB+ to BBB-, making it the second credit ratings agency to do so in less than a week. Five days prior, Moody’s downgraded its rating from Baa3 negative to Ba1 negative. Both ratings are …

    Source: Automotive World - Neutral
  • Published on Feb 26, 2025

    Mayor Johnson's $830M borrowing plan squeaks through City Council

    Borrowing money to bankroll neighborhood improvements is normally routine for big cities like Chicago with crumbling streets and aging equipment. But there’s often nothing routine about City Council votes under Mayor Brandon Johnson. That was clear again …

    Source: Chicago Sun Times - Illinois - Label Pending
  • Published on Feb 26, 2025

    Meralco finance and GDP congruence, energy regulation incongruence

    February 27, 2025 | 12:00am Last Monday, Feb. 24 , I attended the 2024 Meralco Financials Operating Results: Media Briefing held at Grand Hyatt in BGC, Taguig City. Top officers of the company were there led by chairman and CEO Manuel V. Pangilinan or MVP, …

    Source: Philippine STAR - Uncategorized
  • Published on Feb 26, 2025

    Govt seeking to borrow $300M

    Prime Minister Philip Davis today tabled a resolution seeking Parliament’s approval to borrow $300 million. According to the resolution, the government is seeking capital to fund national development objectives, including infrastructure development …

    Source: The Nassau Guardian - Neutral
  • Published on Feb 22, 2025

    S&P Affirms Kazakhstan’s Credit Rating with Stable Outlook Amid Fiscal Pressures

    ASTANA – S&P Global Ratings has affirmed Kazakhstan’s long-term sovereign credit rating at ‘BBB-’ and short-term rating at ‘A-3,’ maintaining a stable outlook despite rising fiscal pressures.  S&P logo. Photo credit: Ministry of National Economy In …

    Source: The Astana Times - Gov't Propaganda
  • Published on Feb 26, 2025

    Azerbaijan's Banking Sector Performance Keeps Improving From 2019 - Fitch Ratings

    (MENAFN- Trend News Agency) BAKU, Azerbaijan, February 26. The performance of the Azerbaijani banking sector has been bolstered since 2019 by a reduction in dollarisation and an improvement in asset quality, Trend reports via Fitch Ratings report. …

    Source: MENAFN - Uncategorized
  • Published on Feb 26, 2025

    Daily NZX update, Wednesday, February 26, 2025

    Here are the key things you need to know about in the NZX markets over the past 24 hours. Changes are as at 3:00 pm and may change when the market closes at 4:45 pm. WHAT THE NZX 50 INDEX IS DOING The NZX50 rebounded +1% today, recovering some ground after …

    Source: interest.co.nz - Neutral
  • Published on Feb 21, 2025

    S&P upgrades Kotak Mahindra Bank to ‘BBB’ after RBI lifts curbs

    Representational image of Kotak Mahindra Bank branch in New Delhi | Photo Credit: Reuters S&P Global upgraded Kotak Mahindra Bank’s credit rating to ‘BBB’ from ‘BBB-’ on Friday (February 21, 2025) after the Reserve Bank of India (RBI) recently lifted …

    Source: The Hindu - Center-left
  • Published on Feb 25, 2025

    AM Best affirms MRE ratings

    AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Ma’aden Re (MRE), a captive reinsurer of Saudi Arabian Mining Company (Ma’aden). The outlook of these ratings is stable. The ratings …

    Source: Captive International - Neutral
  • Published on Feb 24, 2025

    Peru: MEF aims to exceed US$100 billion export barrier

    "Last year, we achieved a historic record in exports, reaching US$76 billion. The country could be on track to exceed $100 billion in exports in the medium term," Minister Jose Salardi stated. The government official noted that trade activity in …

    Source: Andina - Pro-Government
  • Published on Feb 25, 2025

    Mayor Johnson Seeks $830 Million Bond Amid Credit Downgrade

    CHICAGO, Ill. — Chicago Mayor Brandon Johnson is proposing to borrow $830 million from the city’s bond market, just one day after the city’s credit rating fell to near-junk status, as reported by Standard & Poor’s Global. The mayor asserts that the …

    Source: Times News Global - Pro-Government
  • Published on Feb 24, 2025

    Credit where credit’s due

    The past couple of years have been challenging for domestic bond investors. The Bloomberg NZ Bond Composite 0+ Yr Index declined approximately 6% in 2021 and 7% in 2022. However, in 2024, declining interest rates led to a strong recovery in bond returns, …

    Source: Good Returns - Neutral

04 days 18:27:20

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