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BANGALORE (Thomson Financial) Standard Poors Ratings Services said it has raised Russian City of Novosibirsks longterm issuer credit rating to BB from B and Russia national scale rating to ruAA from ruA, citing the citys growing revenues, improved budgetary performance and reduced debt. Read more
BANGALORE (Thomson Financial) Standard Poors Ratings Services said it has raised Russian City of Novosibirsks longterm issuer credit rating to BB from B and Russia national scale rating to ruAA from ruA, citing the citys growing revenues, improved budgetary performance and reduced debt. The outlook is stable. Read more
NORWALK, Conn.GE Commercial Finance Corporate Lending today announced it provided $98.7 million in financing to Rand Logistics, Inc., a bulk freight shipping services provider. The financing, which includes both U.S. and Canadian senior secured credit facilities, will be used for acquisition financing and working capital needs. Read more
January 8, 2008 (124 KB PDF) Letter to a bank, clarifying that it could underwrite debt protection services for its customers and continue to qualify for the credit card bank exemption from the definition of bank in section 2(c)(2)(F) of the Bank Holding Company Act of 1956. Read more
MUMBAI (Thomson Financial) Standard Poors Ratings Services said it has affirmed Canadian civil air navigation services provider Nav Canadas ratings, including its AA longterm issuer credit rating and AA subordinated debt rating, with a stable outlook. Read more