Swiss specialty textile chemicals producer Archroma said it has entered into a senior secured credit agreement that provides for credit facilities totaling to around $515 million. According to an Archroma press release, the credit ...
Tags: textile chamicals production, specialty textile chemicals
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase ...
Tags: Debt Ratings, Sporting Goods
International credit ratings agency Moody's has announced that it has changed the rating outlook on Australian steelmaker Bluescope Steel to positive from stable. At the same time, Moody's has affirmed Bluescope's Ba3 corporate family ...
Tags: steelmaker, Steel
International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
Yang Huiyan, 32, has become China's richest woman of 2013 with a fortune of 51 billion yuan ($8.33 billion), according to Hurun China's Women Rich List 2013, released by the Hurun Research Institute in Shanghai on Tuesday. More than half ...
Tags: Female Billionaires
Nokia's credit rating has been cut even further by ratings agency Moodys, over concerns about the company's cashflow. The company's credit rating now stands at B1, four levels below "investment grade". Further reading Nokia to launch ...
StockMarketWire.com reported that Moody's Investors Service has changed the outlook on the Caa1 corporate family and senior unsecured ratings of Mirabela Nickel to stable from negative. Moody's said that the change reflects Mirabela's ...
Tags: Investors Service, changed the outlook, corporate family, Mirabela Nickel
Moody’s Investors Service has affirmed Vedanta Resources Plc’s corporate family rating at Ba1 and its senior unsecured rating at Ba3. The outlook for both ratings remains negative. Vedanta’s rating reflects its earnings ...
Tags: Vedanta, rating, acquisition, cash flow