S&P Raises Enbridge Energy Partners (EEP) to 'BBB+'; Reflects Revised Criteria, Support from Parent Nov 21, 2014 02:27PM

Standard & Poor's Ratings Services today said it raised its ratings on Houston-based Enbridge Energy Partners L.P. (NYSE: EEP), including its issuer credit rating (ICR) to 'BBB+' from 'BBB'. The outlook is negative, reflecting the outlook on parent Enbridge Inc. Standard & Poor's removed the ratings from CreditWatch, where they were placed with positive implications Sept. 24, 2014.

The upgrade reflects the application of our revised criteria ("Master Limited Partnerships... (continue reading...)


Moody's Revises Outlook on Valeant Pharma (VRX) to Stable; Affirms Ratings Nov 21, 2014 02:16PM

Moody's Investors Service affirmed the ratings of Valeant Pharmaceuticals International, Inc. (NYSE: VRX) including the Ba3 Corporate Family Rating, Ba3-PD Probability of Default Rating, Ba1 senior secured ratings, and B1 senior unsecured ratings. At the same time, Moody's revised Valeant's rating outlook to stable from developing.

This rating action follows recent developments in Valeant's offer to acquire Allergan, Inc. (NYSE: AGN) including the announcement that... (continue reading...)


S&P Raises L-T Rating on Regions Financial (RF) to 'BBB'; S-T to 'A-2' Nov 21, 2014 10:49AM

Standard & Poor's Ratings Services said today that it raised its long-term and short-term issuer credit ratings on Regions Financial (NYSE: RF) (Regions) to 'BBB/A-2' from 'BBB-/A-3'. At the same time, we raised our long-term rating on Regions Bank, its primary banking subsidiary, to 'BBB+' from 'BBB', and affirmed the short-term rating at 'A-2'. The outlooks are stable.

"Our one-notch upgrade recognizes Regions' progress in lowering the risk on its balance sheet," said... (continue reading...)


S&P Raises Central European Media Enterprises (CETV) to 'B+' (TWX) Nov 20, 2014 11:54AM

Standard & Poor's Ratings Services raised its corporate credit rating on Bermuda-registered TV broadcaster Central European Media Enterprises Ltd. (CME) (Nasdaq: CETV) to 'B+' from 'B-'. The outlook is stable.

At the same time, we raised our issue rating on the €240 million senior secured notes due 2017 issued by CME's subsidiary CET 21 spol.s.r.o. (CET21) to 'B+' from 'B-'. Once the notes are repaid on or shortly after Dec. 14, 2014, we will withdraw the issue rating... (continue reading...)


S&P Raises CCR on Westmoreland Coal (WLB) to 'B'; Notes Committed Sales Position Over Next Year Nov 19, 2014 09:07AM

Standard & Poor's Rating Services said today it raised its corporate credit rating on Westmoreland Coal Co. (Nasdaq: WLB) one-notch to 'B' from 'B-'. The outlook is stable.

At the same time, we assigned our 'B' issue-level rating to Westmoreland's first-lien term loan. The recovery rating is '3', indicating our expectation for meaningful (50% to 70%) recovery in the event of a default.

"The stable outlook is supported by Westmoreland's committed sales position over the... (continue reading...)


More Credit Ratings

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Nov 18, 2014 03:33PM S&P Raises Meritor's (MTOR) CCR to 'B+'; Note Firmer Debt Leverage, Expects Credit Measures to Improve
Nov 18, 2014 11:29AM Willbros Group (WG) Ratings Affirmed byS&P; Sees Improving Performance Over Next Several Years
Nov 18, 2014 10:22AM Moody's Sees MBIA (MBI), Assured Guaranty (AGO) Able to Absorb Potential PREPA Losses
Nov 18, 2014 09:45AM Arch Capital Group Ltd (ACGL) Ratings Affirms by S&P
Nov 18, 2014 09:39AM Fitch Sees Macau Gaming Revenue Growth Flat in 2014, Negative in FY15 (MGM) (WYNN) (LVS)
Nov 17, 2014 02:43PM S&P Raises CCR on Huntington Ingalls (HII) to 'BB+'; Profitability, Cash Flow Improving Faster than Expected
Nov 17, 2014 12:10PM Fitch Affirms Ratings on Actavis (ACT) Following Allergan (AGN) Bid
Nov 17, 2014 10:43AM Moody's Lifts Outlook on Alcatel-Lucent (ALU) to Positive; Expects Credit Metrics to Continue Improving
Nov 17, 2014 09:53AM Moody's Sees Procter & Gamble's (PG) Duracell Sale as Credit-Negative Event
Nov 14, 2014 03:38PM Mobile Mini (MINI) Ratings Places on CreditWatch Negative by S&P
Nov 14, 2014 10:40AM American Realty Capital Properties (ARCP) Ratings Remain on CreditWatch Negative - S&P
Nov 13, 2014 02:47PM S&P Assigns Unsolicited 'BB-' Rating to Twitter (TWTR); Sees Ongoing Growth in MAUs, Revenue
Nov 13, 2014 12:52PM Rayonier (RYN) Corp. Rating Lowered to 'BBB-' at S&P
Nov 13, 2014 12:34PM S&P Raises Outlook on Sprouts Farmers Market (SFM) to Positive; Notes Improving Credit Metrics
Nov 12, 2014 10:46AM S&P Upgrades Service Corp (SCI) to 'BB+'; Sees Maintaining Financial Leverage at Appropriate Levels
Nov 11, 2014 02:12PM Moody's Lowers Outlook on North American Manufacturing Sector to Stable
Nov 11, 2014 12:37PM S&P Raises Unsecured Rating on Rosetta Resources (ROSE) to 'BB-'; Outlook Stable
Nov 11, 2014 10:59AM S&P Removes B/E Aerospace (BEAV) from CreditWatch Developing; Affirms Ratings
Nov 10, 2014 03:50PM S&P Lowers Outlook on AT&T (T) to Negative
Nov 10, 2014 11:36AM Moody's Raises SUPERVALU, Inc. (SVU) CFR to 'B1'; Credit Profile Continues Showing Improvement
Nov 7, 2014 10:06AM Genworth Financial (GNW) Declines After S&P Cuts Credit Rating to Junk
Nov 7, 2014 10:01AM S&P Cuts Genworth Financial (GNW) to 'BB+'
Nov 6, 2014 09:59AM Cott Corp. (COT) Ratings Affirmed by Moody's Amid DS Services of America Acquisition News
Nov 5, 2014 03:02PM S&P Assigns 'B' Rating to TIBCO Software (TIBX); Sees Cost-Saving Opportunities, Adequate Liquidity
Nov 5, 2014 11:48AM Moody's Affirms CME Group (CME) at 'Aa3'; Reflects Consistently Strong, Market Leading Position
Nov 5, 2014 11:36AM Cytec Industries (CYT) Unsecured Notes Offering Rated 'BBB-' at S&P
Nov 4, 2014 02:25PM National CineMedia (NCMI) Ratings Places on CreditWatch Negative by S&P
Nov 4, 2014 12:07PM S&P Assigns 'AA+' Rating to Apple's (AAPL) Senior Unsecured Notes Offering
Nov 3, 2014 03:25PM UPDATE: S&P Cuts Avon Products (AVP) to Junk
Nov 3, 2014 03:25PM UPDATE: S&P Cuts Avon Products (AVP) to Junk
Nov 3, 2014 12:45PM S&P Affirms L-T Ratings on Validus Holdings (VR); ERM Being Used Effectively
Nov 3, 2014 12:02PM Lab Corp. (LH) Placed on CreditWatch Negative by S&P; Cites Covance (CVD) Deal
Nov 3, 2014 11:26AM S&P Raises UnitedHealth Group (UNH) to 'A+'; Business Profile Strong vs. Peers
Oct 31, 2014 02:40PM S&P Assigns 'B' Rating to AMAG Pharma (AMAG)
Oct 31, 2014 10:54AM CubeSmart (CUBE) Raised to 'BBB' by S&P; Outlook Stable
Oct 30, 2014 02:57PM S&P Raises Counterparty, Issue Ratings on Fidelity National Financial (FNF) to 'BBB'
Oct 30, 2014 11:52AM Fitch Sees Gradual Rise in Rates as Positive for U.S. Banks
Oct 29, 2014 03:02PM UPDATE: American Realty Capital Properties (ARCP) may be cut to junk by S&P
Oct 29, 2014 03:02PM UPDATE: American Realty Capital Properties (ARCP) may be cut to junk by S&P
Oct 29, 2014 11:03AM S&P Lowers Subprime, Special Rankings on Ocwen Loan Servicing (OCN); Outlook Negative
Oct 28, 2014 11:14AM Moody's Places Noble Corp (NE) on Review for Downgrade
Oct 27, 2014 03:56PM S&P Places TECO Energy's (TE) Ratings on CreditWatch Positive
Oct 27, 2014 03:24PM Moody's Affirms Ratins on M/I Homes (MHO) Ahead of $350M Unsecured Note Offering
Oct 27, 2014 01:50PM Moody's Lifts Outlook on Nokia (NOK) to Positive; Credit Metrics Could Improve Following Q3 Results
Oct 27, 2014 01:45PM S&P Affirms Ratings on Baxter Int'l (BAX) Pending Biopharmaceutical Unit Spinoff
Oct 24, 2014 02:34PM AMC Networks (AMCX) Purchase of BBC Stake Will Not Affect Corp. Rating - Moody's
Oct 24, 2014 01:54PM KLA-Tencor (KLAC) Ratings Downgraded to 'BBB' at S&P
Oct 24, 2014 12:51PM Fitch Raises Delta Air Lines' (DAL) IDR to 'BB'; Notes Recent Improvement in Performance, Combating Cost Inflation
Oct 24, 2014 11:32AM S&P Lowers Outlook on Goodrich Petroleum (GDP) to Negative
Oct 23, 2014 12:27PM Fitch Upgrades Devon Energy's (DVN) IDR, Unsecured Ratings to 'BBB+', Outlook Stable
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