JPMorgan

NEW YORK--(BUSINESS WIRE)-- Fitch affirms and assigns outlooks for J.P. Morgan Chase Commercial Mortgage Securities Corp., series 2007-LDP10, commercial mortgage pass-through certificates as follows: --$32.2 million class A-1 at 'AAA';; Outlook Stable; --$198.9 million class A-1S 'AAA';; Outlook Stable; --$250.0 million A-2 at 'AAA'; Outlook Stable; --$688.9 million class A-2S at 'AAA'; Outlook Stable; --$150.0 million class A-2SFL at 'AAA'; Outlook Stable; --$1.714.1 million class A-3 at 'AAA'; Outlook Stable; --$179.9 million class A-3S at 'AAA'; Outlook Stable; --$506.5 million class A-1A at 'AAA'; Outlook Stable; --$359.0 million class A-M at 'AAA'; Outlook Stable; --$174.1 million class A-MS at 'AAA'; Outlook Stable; --$200.7 million class A-J at 'AAA'; Outlook Stable; --$145.8 million class ...

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has assigned 'AAA/F1+' ratings to the Indiana Finance Authority's health system revenue refunding bonds, series 2008 (Sisters of St. Francis Health Services, Inc. Obligated Group) consisting of the following: --$75,000,000 series 2008D; --$50,000,000 series 2008E; --$45,200,000 series 2008F; --$45,250,000 series 2008G; --$63,895,000 series 2008H. In addition, Fitch has assigned 'AA' underlying ratings to the series 2008D-H bonds. Fitch has also affirmed the 'AA' long-term ratings on approximately $833 million of long term debt for Sisters of St. Francis Health Services, Inc. Obligated Group. The rating is based on the rating of the banks providing the direct-pay letters of credit (LOCs) and the application of Fitch's joint probability methodology. The long-term 'AAA' rating assigned to each series of the Bonds is based jointly on the underlying rating assigned to the Sisters of ...

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WASHINGTON, Oct. 10 /PRNewswire/ -- In two major addresses Peter Brabeck-Letmathe, Chairman of Nestle, S.A., linked the current food crisis and water shortage concerns to governments around the world that endorse biofuels production which leads to massive withdrawals of freshwater. "Efforts for sustainability and efforts against unsustainable trends and imbalances are the responsibility of everybody, and thus, as chairman of Nestle, I start by taking responsibility for myself and my company," said Brabeck-Letmathe, who heads the world's leading Nutrition Health and Wellness company. "The argument for biofuels mainly started as one for using wood and plant leftovers, whilst the reality is that it is mainly food, like corn, that is used. [There is] a need for new approaches-often changes in paradigm-and an urgent need, in particular to change public policy ...

SAN ANTONIO--(BUSINESS WIRE)-- Rackspace(R) Hosting (NYSE: RAX), the world's leader and specialist in IT hosting, today announced that it has drawn an additional $150 million on its revolving line of credit backed by Comerica Bank, JPMorgan Chase, Wachovia Bank, Bank of America and The Frost National Bank. "We took this action as a prudent measure based on the uncertain economic conditions in the credit and bank markets. We continue to maintain a strong capital position with the liquidity we need to grow our business over the long term. Including operating cash, we now have more than $250 million in cash, cash equivalents and short-term investments," said Bruce Knooihuizen, CFO, Rackspace Hosting. At the end of the ...