S&P Global Ratings

Atlantica Reports First Quarter 2021 Financial Results

Thursday, May 6, 2021 - 12:27pm

As of March 31, 2021, our average corporate debt maturity stands at approximately five years.\nOn May 4, 2021, the Board of Directors of Atlantica approved a dividend of $0.43 per share.

Key Points: 
  • As of March 31, 2021, our average corporate debt maturity stands at approximately five years.\nOn May 4, 2021, the Board of Directors of Atlantica approved a dividend of $0.43 per share.
  • This dividend is expected to be paid on June 15, 2021 to shareholders of record as of May 31, 2021.\nDuring the first quarter of 2021, Atlantica\xe2\x80\x99s Corporate Rating was upgraded by S&P and Fitch:\nOn March 31, 2021, Fitch Ratings upgraded Atlantica\xe2\x80\x99s Corporate Rating to BB+ (Stable Outlook).
  • Closing is expected in the third quarter of 2021 subject to customary conditions and regulatory approvals.\nDuring the first four months of 2021, Atlantica closed two previously announced investments:\nCoso: On April 7, 2021, Atlantica closed the acquisition of a 135 MW renewable asset in California.
  • These estimates are based on assumptions believed to be reasonable as of the date Atlantica published its 2020 Financial Results.

S&P and Fitch Upgrade Equinix to BBB on Strength of Interconnection and Improved Credit Quality

Wednesday, May 5, 2021 - 1:01pm

The upgraded S&P ratings are effective as of April 28, 2021, and the upgraded Fitch ratings are effective as of April 30, 2021.

Key Points: 
  • The upgraded S&P ratings are effective as of April 28, 2021, and the upgraded Fitch ratings are effective as of April 30, 2021.
  • S&P previously upgraded Equinix\'s rating to BBB- in February 2019, marking our entrance as an investment-grade company.
  • In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix.
  • Equinix does not assume any obligation to update the forward-looking information contained in this press release.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/sp-and-fitch-upgrade-equinix-to-...\n'

DGAP-News: BP p.l.c.: Director/PDMR Shareholding

Tuesday, May 4, 2021 - 1:09pm

b'This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.\nThis information is provided by RNS, the news service of the London Stock Exchange.

Key Points: 
  • b'This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.\nThis information is provided by RNS, the news service of the London Stock Exchange.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
  • Terms and conditions relating to the use and distribution of this information may apply.
  • For further information, please contact rns@lseg.com or visit www.rns.com .\n04.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.\nThe issuer is solely responsible for the content of this announcement.\nThe DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.\n'

AM Best Revises Outlooks to Stable and Affirms Credit Ratings of Aspen Insurance Holdings Limited and Its Rated Subsidiaries

Friday, April 30, 2021 - 5:40pm

b'AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of \xe2\x80\x9ca\xe2\x80\x9d of Aspen Insurance UK Limited (AIUK) (United Kingdom), Aspen Bermuda Limited (ABL) (Bermuda), Aspen American Insurance Company (AAIC) (Austin, TX) and Aspen Specialty Insurance Company (ASIC) (Bismarck, ND).

Key Points: 
  • b'AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Ratings (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of \xe2\x80\x9ca\xe2\x80\x9d of Aspen Insurance UK Limited (AIUK) (United Kingdom), Aspen Bermuda Limited (ABL) (Bermuda), Aspen American Insurance Company (AAIC) (Austin, TX) and Aspen Specialty Insurance Company (ASIC) (Bismarck, ND).
  • Concurrently, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of \xe2\x80\x9cbbb\xe2\x80\x9d of Aspen Insurance Holdings Limited (Aspen) (Bermuda), the non-operating holding company of the Aspen group of companies.
  • AM Best has also revised the outlook to stable from negative and affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) on the debt instruments and preference shares of Aspen.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\xe2\x80\x99s Credit Ratings .

Columbia Property Trust Releases First Quarter 2021 Results

Thursday, April 29, 2021 - 9:07pm

The number to call to participate in the interactive teleconference is (825) 312-2053 (U.S. and international) \xe2\x80\x93 (Conference ID: 7877257).

Key Points: 
  • The number to call to participate in the interactive teleconference is (825) 312-2053 (U.S. and international) \xe2\x80\x93 (Conference ID: 7877257).
  • The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management.
  • Columbia has investment-grade ratings from both Moody\xe2\x80\x99s and S&P Global Ratings.
  • These forward-looking statements are based on management\xe2\x80\x99s current expectations and involve a number of risks and uncertainties.

DGAP-News: BP p.l.c.: Director/PDMR Shareholding

Thursday, April 29, 2021 - 12:49am

b'This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.\nThis information is provided by RNS, the news service of the London Stock Exchange.

Key Points: 
  • b'This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.\nThis information is provided by RNS, the news service of the London Stock Exchange.
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
  • Terms and conditions relating to the use and distribution of this information may apply.
  • For further information, please contact rns@lseg.com or visit www.rns.com .\n28.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.\nThe issuer is solely responsible for the content of this announcement.\nThe DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.\n'

Corporacion Multi-Inversiones -CMI-, Successfully Issued Green Bonds For US$700 Million

Tuesday, April 27, 2021 - 4:54pm

The green bonds were rated Ba3 by Moody\'s, BB- by Fitch Ratings and BB- by S&P, which represents an improvement over the previous ratings.\nPlacing green bonds implies the issuer\'s commitment to carry out sustainable investments.

Key Points: 
  • The green bonds were rated Ba3 by Moody\'s, BB- by Fitch Ratings and BB- by S&P, which represents an improvement over the previous ratings.\nPlacing green bonds implies the issuer\'s commitment to carry out sustainable investments.
  • CMI Energy consolidates its investments in the region, under a solid vision for a sustainable future.\nThe 4 eligible categories, covered under green bonds, and aligned to specific SDGs, are:\nMr.
  • All statements other than statements of historical fact included in this release are forward-looking statements.
  • These forward-looking statements involve risks, uncertainties, and other factors.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/corporacion-multi-inversiones--c...\n'

S&P Global Announces First Sustainability-Linked Banking Facility in Information Services Sector

Monday, April 26, 2021 - 3:00pm

"This facility will further incentivize S&P Global to achieve its ambitious goal of reducing our greenhouse gas emissions, support a net-zero economy and reinforce our commitment to sustainable corporate citizenship.

Key Points: 
  • "This facility will further incentivize S&P Global to achieve its ambitious goal of reducing our greenhouse gas emissions, support a net-zero economy and reinforce our commitment to sustainable corporate citizenship.
  • We\'ve been providing essential intelligence that unlocks opportunity, fosters growth and accelerates progress for more than 160 years.
  • Our divisions include S&P Global Ratings, S&P Global Market Intelligence, S&P Dow Jones Indices and S&P Global Platts.
  • For more information, visit www.spglobal.com .\n'

Portnoy Law: Lawsuit Filed On Behalf of Credit Suisse Group AG Investors

Wednesday, April 21, 2021 - 7:10pm

b'LOS ANGELES, April 21, 2021 (GLOBE NEWSWIRE) -- \xe2\x80\x8b The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Credit Suisse Group AG ("Credit Suisse" or "the Company") (NYSE: CS) investors that acquired securities between October 29, 2020 and March 31, 2021.\nInvestors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.\nIt is alleged in this complaint that Credit Suisse issued materially false and misleading statements in regard to their business metrics and financial prospects.

Key Points: 
  • b'LOS ANGELES, April 21, 2021 (GLOBE NEWSWIRE) -- \xe2\x80\x8b The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Credit Suisse Group AG ("Credit Suisse" or "the Company") (NYSE: CS) investors that acquired securities between October 29, 2020 and March 31, 2021.\nInvestors are encouraged to contact attorney Lesley F. Portnoy , to determine eligibility to participate in this action, by phone 310-692-8883 or email , or click here to join the case.\nIt is alleged in this complaint that Credit Suisse issued materially false and misleading statements in regard to their business metrics and financial prospects.
  • Specifically, Credit Suisse concealed material defects in Credit Suisse\xe2\x80\x99s risk policies and procedures, as well as compliance oversight functions and efforts to allow high-risk clients to take on excessive leverage, which exposed Credit Suisse to billions of dollars in losses.
  • As a result of Credit Suisse\xe2\x80\x99s false statements, their ADRs traded at artificially inflated prices, reaching a high of $14.95 per ADR by February 2021.
  • Subsequently, Credit Suisse revealed billions of dollars in losses in relation to the collapse of its Greensill-linked funds, as well as the implosion of total return swap positions the company had entered into with Archegos.

AM Best Assigns Credit Ratings to Hospitals Insurance Company, Inc.

Friday, April 23, 2021 - 7:17pm

b"AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of \xe2\x80\x9ca-\xe2\x80\x9d to Hospitals Insurance Company, Inc. (HIC) (New York, NY).

Key Points: 
  • b"AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of \xe2\x80\x9ca-\xe2\x80\x9d to Hospitals Insurance Company, Inc. (HIC) (New York, NY).
  • AM Best expects these metrics to be more in line with or slightly outperform the peer group composite in the future.\nHIC specializes in providing MPL insurance to hospitals and physicians affiliated with its insured hospitals in New York.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best\xe2\x80\x99s Credit Ratings .
  • For information on the proper media use of Best\xe2\x80\x99s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best\xe2\x80\x99s Credit Ratings and AM Best Rating Action Press Releases .\nAM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.