RWP

Crescent Energy Receives Favorable Responses from All Three Rating Agencies on Its Recently Announced Agreement to Acquire SilverBow Resources

Retrieved on: 
Mercoledì, Maggio 22, 2024
Energy, Other Energy, Oil, Gas, S&P Global, S&P, Fitch, Crescent, CFR, RWP, RBL, Acquisition, Woodwind instrument, Security (finance)

Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”) have taken positive ratings actions on Crescent, pending the closing of the previously announced acquisition of SilverBow Resources, Inc. (“SilverBow”) on May 16, 2024.

Key Points: 
  • Crescent Energy Company (NYSE: CRGY) (“Crescent” or the “Company”) today announced that S&P Global Ratings (“S&P”) and Fitch Ratings, Inc. (“Fitch”) have taken positive ratings actions on Crescent, pending the closing of the previously announced acquisition of SilverBow Resources, Inc. (“SilverBow”) on May 16, 2024.
  • In addition, Moody’s Ratings (“Moody’s”) reaffirmed its stable outlook.
  • In their releases, the agencies recognized the transaction’s compelling strategic and financial rationale, citing potential for improved scale with complementary Eagle Ford assets, stable free cash flow generation and balance sheet strength.
  • Under the terms of the agreement, SilverBow shareholders who elect to receive stock will receive 3.125 shares of Crescent Class A common stock for each share of SilverBow common stock.

Turkiye Garanti Bankasi A.S.: Announcement regarding Fitch Ratings

Retrieved on: 
Mercoledì, Aprile 10, 2024
Rating, Subordinated debt, RWP, Fitch Ratings, IDR, Woodwind instrument, Outlooks

Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.

Key Points: 
  • Fitch Ratings has upgraded Garanti BBVA’s Long-Term Foreign Currency and Local-Currency Issuer Default Ratings (IDRs) to “B” from “B-“ and to “B+” from “B”, respectively and revised the Outlooks to “Positive” from “Stable” on March 15, 2024.
  • The rating action follows the upgrade of Türkiye's Long-Term IDR to “B+/Positive” from “B/Stable” on March 8th, 2024.
  • The agency has also upgraded the Bank’s Long-Term Senior Unsecured Debt and Subordinated Debt ratings to “B” from “B-“ and to “B-“ from “CCC+”, respectively and the Shareholder Support rating to “b” from “b-“.
  • The Bank’s Viability Rating has also been placed on Rating Watch Positive (RWP) at “b”.

Kyros Introduces Recovery Wellness Plans In Its Peer Recovery Services

Retrieved on: 
Martedì, Gennaio 30, 2024
RWP, Life, Face, Attention, Wellness, Quality of life, PRS, Kyros, DNP

MINNEAPOLIS, Jan. 30, 2024 /PRNewswire/ -- Kyros, a leader in Substance Use Disorder (SUD) recovery, proudly unveils a groundbreaking advancement to its peer recovery service platform with the introduction of Recovery Wellness Plans (RWP) to its Peer Recovery Services.

Key Points: 
  • MINNEAPOLIS, Jan. 30, 2024 /PRNewswire/ -- Kyros, a leader in Substance Use Disorder (SUD) recovery, proudly unveils a groundbreaking advancement to its peer recovery service platform with the introduction of Recovery Wellness Plans (RWP) to its Peer Recovery Services.
  • Effectively enhancing the impact of Peer Recovery Specialists (PRS), this new feature promises to further empower their commendable efforts in transforming lives, one recovery journey at a time.
  • Recovery Wellness Plans are a thoughtfully designed addition to the Kyros platform aimed at elevating both peer and client experiences.
  • Kyros' commitment to innovative and empathetic care through the initiation of Client Wellness and Recovery Planning continues its groundbreaking innovation in the realm of SUD recovery.