S&P Global Credit Markets Digest -- European Update.Business Editors NEW YORK--(BUSINESS WIRE)--May 30, 2003 Standard & Poor's-- EUROPEAN UPDATE: Here is the current lineup of top articles and research from Standard & Poor's: COMING UP: -- Accounting Issues Raised by Equity Stakes Among Spanish Banks -- A Real Appetite for Mexico's ABS Market -- Everybody Wins -- U.S. Banks Exposure to Commercial Real Estate -- The Mortgage Insurance Industry -- Overview UPCOMING TELECONFERENCES: -- North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Building Materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . , Homebuilder, and Home Center Retail Credit Quality; Thurs., June 12, 10 AM -- Forest Products Credit Quality; Tues., June 17, 10 AM -- Trends in European Banking; Tues., June 17, 10 AM All times U.S. Eastern. For complete details see ratingsdirect.com or standardandpoors.com PUBLISHED: RESEARCH REPORTS CORPORATES -- Report Released on U.S. Energy Marketers' and Traders' Strategic Shift -- S&P Conference to Examine "Aviation in Crisis" June 9 in New York -- For Now, Credit Quality of U.S. Corporate Hospitals Unaffected by Stock Repurchases -- Credit FAQ (Frequently Asked Questions) A group of commonly asked questions about a subject along with the answers. Vendors often display them on their Web sites for use as troubleshooting guidelines. : Zimmer Holdings Inc. -- Screening the Credit Quality of U.S. Movie Exhibitors FINANCIAL SERVICES -- Industry Report Card on Property/Casualty Insurers Released -- Global Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. 2003: Midyear Negative Outlook Hides a Divergence in Fortunes -- Australian Banking Scene Monitored for Hot Spots hot spots acute moist dermatitis. -- Industry Report Card on Japanese Regional Banks Released -- U.S. Life Insurer Asset Quality -- The Struggle Continues in 2003 -- Various Changes to U.S. Health Insurance Risk-Based Capital Model -- Global Reinsurance 2003 Midyear Outlook: Negative Outlook Masks Divergent Fortunes -- Hong Kong Bank Mortgages Up 19% Over Five Years Despite Falling Prices -- U.S. Health Insurance Midyear Outlook 2003: Enjoying the Payday Heyday...While it Lasts -- U.S. Life Insurance Midyear Outlook 2003: Whither whith·er adv. To what place, result, or condition: Whither are we wandering? conj. 1. To which specified place or position: the Wounded Beast? -- U.S. Personal-Lines Insurance Midyear Outlook 2003: Higher Premiums Anchor Stability -- U.S. Commercial-Lines Insurance Midyear Outlook 2003: a Battle of the Titans? STRUCTURED FINANCE -- European Hybrid Corporate Securitizations Show Their Mettle -- Recent Trends and Credit Quality Characteristics for U.S. RMBS RMBS Residential Mortgage-Backed Securities RMBS Rambus, Inc. (NASDAQ stock symbol) RMBS Russian Mortgage-Backed Securities -- U.K. Mortgage Lenders Ratings Set to Remain Relatively Stable in 2003 RATING ACTIONS: CORPORATE RATINGS -- Dehaize America Inc.'s $350 Million Senior Secured Bank Loan Rated 'BBB-' -- Lamar Media Corp.'s $125 Million Senior Subordinated Notes Rated 'B', Ratings Affirmed -- Lucent Technologies Inc. Rated 'B-' on Proposed Sales of Convertible Senior Debentures -- J.C. Penney Co. Corporate Credit, Senior Secured Bank Loan Ratings Lowered; Outlook Negative -- Elektrownia Turow Rating Cut to 'B' Due to Planned End to Power Agreements; Outlook Developing -- Sequa Corp. Ratings Affirmed, Off CreditWatch; Outlook Negative -- SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications Inc.'s Ratings Lowered, Removed from CreditWatch -- Bombardier Inc. Still On Watch Neg After Q1 Results Announced -- Lend Lease Corp. Ltd. Ratings on CreditWatch Negative -- Vivendi Universal Entertainment Rated 'BB', Outlook Stable; Proposed Sr Term Loan Rated 'BB+' FINANCIAL SERVICES RATINGS -- Tower Ltd. Group Ratings Lowered; Removed from CreditWatch; Outlook Negative -- Malaysia's Bumiputra-Commerce Bank Rated 'BBB-'; Outlook Stable -- Allgemeine Hypothekenbank Rheinboden Ratings Off Watch; All Ratings Affirmed; Outlook Negative SOVEREIGN RATINGS -- Republic of Croatia's Proposed Samurai Bond Samurai Bond A yen-denominated bond issued in Tokyo by a non-Japanese company. Notes: Samurai bonds provide issuers with the ability to access investment capital available in Japan. Rated 'BBB-' -- Kazakhstan Long-Term FC Ratings Raised to 'BB+'; LC Ratings to 'BBB-/A-3'; Outlook Stable STRUCTURED FINANCE RATINGS -- Hitachi Capital's Series 3 JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 12 Billion Japanese RMBS Assigned Preliminary 'AAA' Rating -- Rating Action on RSALMI to Have No Impact on Australian 'A-1+' Rated ABCP ABCP Asset-Backed Commercial Paper ABCP Associação Brasileira de Cimento Portland (Brazil) ABCP Associação Brasileira de Ciência Política ABCP American Board of Cardiovascular Perfusion ABCP Associate Business Continuity Planner -- Nippon Building Fund Inc.'s Proposed JPY10 Billion 3rd Senior Unsecured J-REIT Bond Assigned 'A' -- Rating on Home Technology Receivables (No. 1)'s B Notes Placed on CreditWatch Negative INFRASTRUCTURE RATINGS -- Eneco Holding N.V. EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 700 Mil. Senior Unsecured Notes Due 2010 Assigned 'A+" Long-Term Rating RESEARCH ANALYSES: CORPORATES -- Wimm-Bill-Dann Foods OJSC OJSC Open Joint Stock Company -- Anheuser-Busch Cos. Inc -- Caltex Australia Ltd. -- Omron Corp. -- FirstGroup PLC -- HeidelbergCement AG FINANCIAL SERVICES -- Ural -- Siberian Bank OJSC -- EFG-Eurobank-Ergasias S.A. -- Asia Insurance Co. Ltd. INFRASTRUCTURE -- Electricity Generating Authority of Thailand PUBLIC FINANCE -- New Mexico STRUCTURED FINANCE -- New Issue: GSR See Gigabit Switch Router. Mortgage Loan Trust 2003-4F Copyright (c) 2003, Standard & Poor's Ratings Services |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion