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Showing 41 - 50 of 89 results for "BBB"

Big four banks downgraded

ELISE BURGESS, CLAIRE MCGREAL  |  FRIDAY, 2 DEC 2011
... Morgan Stanley and Bank of America, by one notch. Meanwhile, Macquarie Group had its long-term rating downgraded from A- to BBB while Macquarie Bank, which is its majority funder, remained unchanged at A. "The outlook for the rating is stable. Westpac's ...

Bendigo finds safe harbour from wholesale storm in retail deposits

ALISON BEVEGE  |  WEDNESDAY, 29 JUN 2011
... Bendigo and Adelaide Bank's credit rating from stable to positive, with a possibility they could soon move the bank from a BBB+ to an A- rating. Richard Fennell, chief financial officer of Bendigo and Adelaide Bank said the ratings agency recognised ...

We shall overcome

BENJAMIN ONG  |  WEDNESDAY, 30 MAR 2011
... is back. Last night, Standard & Poors downgraded Greece to BB- vs. BB+ with a negative outlook and downgraded Portugal to BBB- vs. BBB also with the negative outlook remaining. The UK has escaped a downgrade because of its implementation of severe fiscal ...

Australian Unity issues $80m debt

ALISON BEVEGE  |  FRIDAY, 4 MAR 2011
... broker firms, with a smaller $2,000 minimum for organisation members and employees. Australia Ratings assigned the notes a BBB+ long-term credit rating, Australian Unity said. Australian Unity said it had $12.4 billion in funds under management as of ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 APR 2010
... Europe and hamper economic growth elsewhere. Standard & Poor's said it was lowering its rating on Greece's debt to BB+ from BBB-. That means that the country's debt does not carry the investment grade tag. The agency is also warning debtholders that ...

Flip-flop

BENJAMIN ONG  |  FRIDAY, 26 MAR 2010
... beyond 2010. This measure - which lowered the ratings threshold of securities that the ECB will accept as collateral from A- to BBB- -- became effective on October 2008 and was scheduled to expire by the end of this year. Why in the world would the ECB ...

Debt load

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2009
... one after the other - under the weight of debt. It was Greece's turn last night. Fitch Ratings downgraded its debt rating to BBB+ with a negative outlook. According to reports, this is the first time in 10 years that a major international ratings agency ...

First corporate bond issue of 2009

WWW.THESHEET.COM  |  FRIDAY, 20 MAR 2009
... AAA, making Australia Post an unusual issuer in the corporate bond market, which is usually populated by issuers with A and BBB ratings. Head of debt capital markets at ANZ, Alison Gray, said the deal opens the corporate bond market. Gray said: "I think ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
... Class B notes. The credit rating assigned to the Class B, CNH Capital Australia Trust No.3, notes was raised to 'AAA' from 'BBB' as the Class B notes are now the senior notes following the complete amortisation of the Class A notes. The Class B notes ...

Credit investors put bond issuers on notice

WWW.THESHEET.COM  |  WEDNESDAY, 20 AUG 2008
... partners. Those were the terms of the deed. "We thought investors would see the outcome as a good one for them. Coles was rated BBB and Wesfarmers BBB+. Note holders were getting better security because we put a cross-guarantee in place. "The mistake ...