HALISTER1: Silver Arrow S.A., acting on behalf of its Compartment 8 - DBRS Presale Report

Silver Arrow S.A., acting on behalf of its Compartment 8 - DBRS Presale Report

Alert: HALISTER1
Source: DBR (Dominion Bond Rating Service)

People
Alexander Garrod (Dbrs Europe Ltd)

Topics
Credit Analysis Research
Credit Research
Fixed Income Research
Investment Research
Reports

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: INDIA RATINGS: Valens Molecules Cut; Parry Sugars Raised

INDIA RATINGS: Valens Molecules Cut; Parry Sugars Raised

(Bloomberg) -- Here’s a roundup of Indian co. debt-rating changes.
  • To get this story sent to your inbox real-time, run NI INRATINGS, click on Display & Edit, then Set Alert Delivery
DOWNGRADE
  • Alupan Composite
    • Long-term bank facilities cut to D from B- at Crisil
    • Cites instances of delay in servicing debt due to stretched liquidity
  • Brisk India
    • Cash credit cut to D from B at ICRA
    • Cites delays in debt servicing
  • Valens Molecules
    • LT bank facilities cut to BB+ from BBB- at Crisil
    • Cites deterioration in revenue, operating profitability
UPGRADE
  • Automotive Manufacturers
    • LT bank facilities raised to A from A- at Crisil
    • Cites continued improvement in debt protection metrics, liquidity
  • Olympus Motors
    • LT bank facilities raised to BBB from BBB- at Crisil
    • Cites improvement in business, financial risk profiles
  • Parry Sugars Refinery
    • LT bank facilities raised to A+ from A at Crisil; NCDs also upgraded to AA-(SO) from A+(SO)
    • Cites upgrade in rating of LT debt instruments of parent EID Parry
  • Patco Precision
    • LT bank facilities raised to BB- from B at Crisil
    • Cites improvement in business and financial risk profiles due to better operating performance
  • Skylark Hatcheries
    • LT bank facilities raised to BBB+ from BBB at Crisil
    • Cites higher-than- expected ramp-up in revenue
  • Sunkon Energy
    • LT bank facilities raised to BBB from BBB- at Crisil
    • Cites improved operational track record
  • Technoy Motors
    • LT bank facilities raised to BBB- from BB+ at Crisil
    • Cites improvement in business and financial risk profiles

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
EID IN (EID Parry India Ltd)
1111870D IN (Skylark Hatcheries Pvt Ltd)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Australia May NAB Business Indicators Due in 5 Minutes

Australia May NAB Business Indicators Due in 5 Minutes

(Bloomberg) -- National Bank of Australia is due to release its business indicators at 11:30am local time.
  • May NAB business conditions indicator, no est; prev. 14
  • May NAB business confidence indicator, no est; prev. 13
To contact the reporter on this story: Patricia Lui in Singapore at plui4@bloomberg.net

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283

HALISTER1: Philippine Govt Asks Freezing of Maute Assets: Manila Bulletin

Philippine Govt Asks Freezing of Maute Assets: Manila Bulletin

(Bloomberg) -- Defense Secretary Delfin Lorenzana asked Anti-Money Laundering Council to freeze the assets and bank accounts of about 300 supporters of IS-linked Maute Group.
  • Link to report: https://tinyurl.com/yarktajc

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Delfin Lorenzana (Republic of the Philippines)

Topics
BGOV Defense

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283