Bond credit rating

AM Best to Participate in Climate-Related Panel Discussion at Reinsurance Association of America’s Upcoming Conference

Retrieved on: 
Thursday, May 12, 2022
Professional Services, Insurance, Environment, Policy, Climate change, EDT, RAA, News, National Association of Insurance Commissioners, Insurance, AM Best, Association, Roger Holzberg, NAIC, Industry, Insurance policy, Center, RenaissanceRe, ALL, National Association, Bond credit rating, Research

Chief Rating Officer Stefan Holzberger will participate in a panel discussion on climate preparedness at the Reinsurance Association of Americas (RAA) Re Ed event, which will be held in Orlando, FL, from May 23-26, 2022.

Key Points: 
  • Chief Rating Officer Stefan Holzberger will participate in a panel discussion on climate preparedness at the Reinsurance Association of Americas (RAA) Re Ed event, which will be held in Orlando, FL, from May 23-26, 2022.
  • Holzberger will participate in a session, titled, Climate Preparedness: Insurers, Regulators, & Rating Agencies, which is scheduled for 10:30 a.m. (EDT) on Tuesday, May 24.
  • The RAA is the leading trade association of property and casualty reinsurers doing business in the United States.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

CDB Aviation Signs Facility Agreement for $530 Million Unsecured Syndicated Term Loan

Retrieved on: 
Tuesday, May 10, 2022
Transportation, Banking, Aerospace, Manufacturing, Travel, Professional Services, Other Transport, Air, Transport, Logistics, Supply Chain Management, Finance, Forward-looking statement, CDB, China Development Bank, China CITIC Bank, S&P Global, BNP Paribas, Agricultural Bank, MUFG Bank, Industry, Bond credit rating, Agricultural Bank of China, HKEX, Aviation, Bank of Communications, Hong Kong Stock Exchange, Aircraft, Bank, Terminology, State Council, Security (finance), Limited, Fitch

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the signing of a US$530 million unsecured syndicated term loan with BNP Paribas and a group of leading global financial institutions.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), announced today the signing of a US$530 million unsecured syndicated term loan with BNP Paribas and a group of leading global financial institutions.
  • This press release contains certain forward-looking statements, beliefs or opinions, including with respect to CDB Aviations business, financial condition, results of operations or plans.
  • CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), a 36-year-old Chinese leasing company that is backed mainly by the China Development Bank.
  • CDB Aviation is rated Investment Grade by Moodys (A2), S&P Global (A), and Fitch (A+).

CDB Aviation Takes Delivery of First A330 P2F Freighter

Retrieved on: 
Monday, April 25, 2022
Other Professional Services, Other Transport, Professional Services, Logistics, Supply Chain Management, Air, Aerospace, Transport, Manufacturing, China Development Bank, Elbe Flugzeugwerke, HKEX, 300, State Council, S&P Global, Aviation, Boeing, IATA, Terminology, Aircraft, A330, IOSA, ACMI, Ownership, CDB, A330-300, Forward-looking statement, Boeing 767, Hong Kong Stock Exchange, Bond credit rating, Mas, Multimedia, Industry, SA, Fruit, Airline, Air cargo, Fitch, Limited

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), today took delivery of the first freighter aircraft in the lessors history, an A330-300 passenger-to-freighter (A330 P2F).

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Limited (CDB Leasing), today took delivery of the first freighter aircraft in the lessors history, an A330-300 passenger-to-freighter (A330 P2F).
  • This is an important and historic day for CDB Aviation as we see the fruit of two years of intense work and collaboration, culminating in the delivery of our very first A330 P2F since we made the strategic entry into freighter aircraft leasing, asserted Patrick Hannigan, CDB Aviations Chief Executive Officer.
  • Luis Sierra, mas Chief Executive Officer, remarked: We feel honored that CDB Aviation trusted mas to be its first A330 P2F customer.
  • Working together on this process was amazing, and we are already looking at ways to do more business with the CDB Aviation team.

CDB Aviation Signs New Sale and Leaseback Agreement with Volaris for Five Airbus Aircraft

Retrieved on: 
Thursday, April 7, 2022
Transportation, Banking, Aerospace, Manufacturing, Travel, Professional Services, Other Transport, Air, Transport, Logistics, Supply Chain Management, Finance, S&P Global, China Development Bank, Bond credit rating, Mexican Stock Exchange, Aircraft, Sale, CDB, Forward-looking statement, Growth, NYSE, City, Friends, ULCC, BMV, ESG, Commercial, HKEX, PDP, Industry, Airbus A320neo family, SLB, State Council, Airbus, Aviation, Terminology, Hong Kong Stock Exchange, Airline, Volaris, Leaseback, Fitch

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the lessor entered into a new sale and leaseback agreement with its existing customer, Volaris (Controladora Vuela Compaa de Aviacin, S.A.B.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the lessor entered into a new sale and leaseback agreement with its existing customer, Volaris (Controladora Vuela Compaa de Aviacin, S.A.B.
  • de C.V.), for a fleet of five Airbus aircraft, encompassing two A320neos and three A321neos.
  • The new agreement brings the number of CDB Aviation aircraft on lease to Volaris to a total of thirteen aircraft, which were secured through the lessors orderbook with Airbus, as well as Sale and Leaseback (SLB) transactions with and without Pre-Delivery Payments (PDP).
  • Four of the aircraft were already delivered and the further nine will be delivered by the fourth quarter of 2024.

Edison Investment Research Limited: Supermarket Income REIT (SUPR): Financial and strategic progress

Retrieved on: 
Friday, April 1, 2022
LSE, Bond credit rating, Income, DPS, Research, NAV, Acquisition, REIT, Growth, Thomas Edison

Supermarket income REIT (SUPR) showed a strong H122 financial performance, driven by accretive portfolio growth alongside index-linked rental growth.

Key Points: 
  • Supermarket income REIT (SUPR) showed a strong H122 financial performance, driven by accretive portfolio growth alongside index-linked rental growth.
  • Click here to view the full report or here to sign up to receive research as it is published.
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

KeyBanc Capital Markets Adopts Bloomberg B-PIPE to Power Fixed Income Electronic Trading

Retrieved on: 
Thursday, March 31, 2022
Adoption, Real estate, Bond credit rating, Organization, Data management, Investment, Automation, Multimedia, KeyBank, Consumer, Bloomberg Terminal, Public utility, Bloomberg L.P., Enterprise Data Planning, Technology, Acquisition, Equity, Algorithm, Secondary research, News, Solution, KBCM, FDIC, Cryptocurrency, Bank, Security (finance), Health care, Bloomberg

NEW YORK, March 31, 2022 /PRNewswire/ -- Bloomberg today announced that KeyBanc Capital Markets (KBCM), the corporate and investment banking arm of Cleveland-based KeyCorp, has adopted Bloomberg's flagship real-time market data feed, B-PIPE, for its Investment Grade (IG) Credit Algorithm. This adoption will provide KBCM with the proper tools and infrastructure to access high-quality, consistent data, enabling greater automation and accuracy in bond pricing.

Key Points: 
  • "We're proud of the investments in our people and systems to expand platform including our capabilities in IG Credit Trading," said Brian Brennan, Head of Fixed Income at KeyBanc Capital Markets.
  • KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries.
  • With over 800 professionals across a national platform, KeyBanc Capital Markets has more than $40 billion of capital committed to clients and an award-winning Equity Research team that provides coverage on nearly 700 publicly traded companies.
  • Securities products and services are offered by KeyBanc Capital Markets Inc. and its licensed securities representatives, who may also be employees of KeyBank N.A.

Daemon Bolsters Team With Senior Hires to Drive U.S. Expansion

Retrieved on: 
Wednesday, March 16, 2022
Professional Services, Finance, Bachelor of Science, SEC, Stone Ridge, Solution, Index, University, DHS Cyber Security Division, Business administration, Partner, Economics, Investment, Company, Cornell University, BS, Business Standard, Millennium Management, LLC, Goldman, Marketing, Risk management, Philosophy, Deutsche Bank, ESG, Volatility, Research, Growth, Bond credit rating, Goldman Sachs, Wharton School of the University of Pennsylvania, Wendell Pritchett, Barclays, Security (finance), Daemon (classical mythology)

Daemon, a $4 billion alternative investment management firm founded in Brazil, today announced the expansion of its U.S. alternative investments arm.

Key Points: 
  • Daemon, a $4 billion alternative investment management firm founded in Brazil, today announced the expansion of its U.S. alternative investments arm.
  • The U.S. team will leverage Daemons existing investment research, marketing, back-office infrastructure, sales capabilities and systematic/quantitative investment philosophy, as it scales its product platform, institutional network, and team of professionals.
  • Daemon has been successfully managing a suite of alternative products since 2009.
  • We are excited to welcome Paul and Erik to Daemon as we embark on our next phase of growth and cross-border expansion, said Edson Queiroz and Dr. Sergio Rhein Schirato, founding partners of Daemon.

Channel Investment Partners Wins 2022 Lipper Fund Award

Retrieved on: 
Thursday, March 10, 2022
Industry, Prospectus, Risk, Emotion, Fund, LLC, Investment, Refinitiv, CIP, Partner (business rank), Classification, Bond credit rating, CIO, Security (finance), Bank, Financial adviser, Life insurance, Lipper

ARLINGTON, Va., March 10, 2022 /PRNewswire/ -- Channel Investment Partners announced today that theChannel Short Duration Income Fund (CPSIX) was recognized by the Refinitiv Lipper Fund Awards.

Key Points: 
  • ARLINGTON, Va., March 10, 2022 /PRNewswire/ -- Channel Investment Partners announced today that theChannel Short Duration Income Fund (CPSIX) was recognized by the Refinitiv Lipper Fund Awards.
  • "We applaud the 2022 Refinitiv Lipper Fund Award winners such as Channel Investment Partners for delivering out performance and the accompanying comfort of consistency to investors' portfolios in a time of unprecedented change," said Robert Jenkins, Head of Research, Lipper, Refinitiv.
  • "Channel Investment Partners is honored to receive the 2022 Lipper Fund Award, which symbolizes performance excellence in the mutual fund industry," said Matthew Duch, Managing Partner and CIO of Channel Investment Partners.
  • The fund with the highest Lipper Leader for Consistent Return (Effective return) value in each eligible classification wins the Refinitiv Lipper Fund award.

Macy’s, Inc. Announces Offer to Purchase Certain Series of Second Lien Notes

Retrieved on: 
Friday, February 25, 2022
Luxury, Department Stores, Other Retail, Home Goods, Catalog, Bridal, Fashion, Cosmetics, Retail, Online Retail, Compliance, SEC, Expiration date, Bond credit rating, COVID-19, Company, Person, NYSE, Second, LLC, Senior, Expiration, U.S. Bancorp, Mortgage law, Time, Security (finance), Purchasing

On February 22, 2022, the Second Lien Notes obtained Investment Grade Status (as defined in the indenture governing the Second Lien Notes).

Key Points: 
  • On February 22, 2022, the Second Lien Notes obtained Investment Grade Status (as defined in the indenture governing the Second Lien Notes).
  • On and after the Payment Date, pursuant to the indenture governing the Second Lien Notes, the Liens upon the collateral securing the Second Lien Notes that remain outstanding after the Offer will be released and such collateral will no longer secure such Second Lien Notes or any obligations under the indenture with respect to such Second Lien Notes, and the right of the holders of the Second Lien Notes and such obligations to the benefits and proceeds of any such Liens on the collateral will terminate and be discharged automatically and unconditionally with respect to such Second Lien Notes.
  • The Offer is not conditioned upon the tender of a minimum principal amount of any series of Second Lien Notes.
  • In order to receive the applicable Purchase Price, holders of Second Lien Notes subject to the Offer must validly tender and not validly withdraw their Second Lien Notes on or before the Expiration Date (including using the guaranteed delivery procedures set forth in the Offer to Purchase).

CDB Aviation Delivers First A320neo Aircraft to flynas

Retrieved on: 
Friday, February 18, 2022
Transportation, Banking, Aerospace, Manufacturing, Travel, Professional Services, Other Transport, Air, Transport, Logistics, Supply Chain Management, Finance, S&P Global, Forward-looking statement, Aviation, Bond credit rating, China Development Bank, HKEX, Terminology, Vision 2030, Aircraft, Airbus, Airbus A320neo family, CDB, Program, NEO, Face, State Council, Industry, Hong Kong Stock Exchange, Airline, Fitch, flynas, CDB Aviation, FLYNAS, CDB AVIATION

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier.

Key Points: 
  • CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (CDB Leasing), announced today the delivery of the first of up to five Airbus A320neo aircraft to a new airline customer, flynas, the Saudi Arabia-based air carrier.
  • The Saudi market continues to bounce back strongly post-pandemic and flynas will be well-positioned to take advantage of significant pent-up demand.
  • CDB Aviation expects to take delivery of the remaining A320neo aircraft and lease them back to the carrier.
  • CDB Aviation is rated Investment Grade by Moodys (A2), S&P Global (A), and Fitch (A+).