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CREDIT RATINGS DO NOT CONSTITUTE INVESTMENT OR FINANCIAL ADVICE, AND CREDIT RATINGS ARE NOT RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. CREDIT RATINGS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. MIS ISSUES ITS CREDIT RATINGS WITH THE EXPECTAT
Read moreThe following is a press release from Moody's Investors Service: $75 MILLION OF DEBT AFFECTED. RATING SUPPORTED BY THE SUBSTITUTE LETTER OF CREDIT PROVIDED BY ROYAL BANK OF SCOTLAND, PLC AND CONSTELLATION ENERGY GROUP, INC. Maryland Economic Development Corporation Constellation Energy Group, Inc
Read moreBy Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Prudential PLC (PRU.LN) Thursday confirmed that it is seeking to recruit two non-executive directors, but denied a press report that one of them was being lined up to replace senior non-executive director James Ross. At least
Read moreInvestors Service Pty Limited ABN 61 003 399 657, which holds Australian Financial Services License no. 336969. This document is intended to be provided only to wholesale clients (within the meaning of section 761G of the Corporations Act 2001). By continuing to access this Document from within Aust
Read moreThe following is a press release from Moody's Investors Service: Approximately GBP 2.5 billion of debt securities rated London, 14 July 2010 -- Moody's Investors Service assigned definitive credit ratings to the following classes of notes issued by Permanent Master Issuer PLC: - Aaa to the USD
Read moreLONDON (Dow Jones)--The Great Rolling Stock Company has priced a GBP300 million bullet bond and a GBP500 million amortizing bond via lead managers Lloyds Banking Group PLC, Goldman Sachs Group Inc. and the Royal Bank of Scotland Group PLC, one of the banks leading the deal said Wednesday. Terms
Read moreBy Shara Tibken Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York ended broadly higher Tuesday after better-than-expected earnings from early bellwethers boosted sentiment. Upbeat quarterly results from aluminium giant Alcoa Inc. (AA) and railroad o
Read more(Adds detail, background) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lloyds Banking Group PLC (LLOY.LN) of the U.K. has sold bonds worth nearly GBP550 million backed by loans to U.K. small and medium-sized enterprises, in the latest sign that the market for bonds backed by
Read moreBy Carol Dean Of Dow Jones Newswires LONDON (Dow Jones)--Potential buyers of BC Partners' French frozen food company, Picard Surgeles, are being offered staple finance of EUR850 million in the sale of the business that is likely to be valued around EUR1.5 billion, said people familiar with t
Read more(Adds details) by Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Lloyds TSB Bank PLC, part of Lloyds Banking Group PLC (LLOY.LN) of the U.K., has sold bonds worth nearly GBP550 million backed by loans to U.K. small and medium-sized enterprises, a Lloyds spokeswoman said Tuesday.
Read moreLONDON (Dow Jones)--Lloyds TSB Bank PLC, part of Lloyds Banking Group PLC (LLOY.LN) of the U.K., has priced a collateralized loan obligation, or CLO, issue, backed by loans to U.K. small and medium-sized enterprises, a Lloyds spokeswoman said Tuesday. EUR235 million of triple-A rated bonds were
Read moreLONDON (Dow Jones)--The Great Rolling Stock Company Ltd. plans to sell a two-part sterling bond issue via lead managers Lloyds Banking Group PLC, Goldman Sachs Group Inc. and the Royal Bank of Scotland Group PLC, one of the banks said Tuesday. The deal will comprise a 10-year sterling bond with
Read moreBP was in the driving seat, helping Footsie to good gains as the oil giant's shares rallied on the back of bid talk and hopes that the beginning of the end of the Gulf of Mexico oil leak is in sight. BP said the cost of the clean-up in the Gulf of Mexico has risen to $3.5bn from $3.12bn a week ago
Read moreFootsie kicked on over the lunch time session despite mining stocks continuing to be a drag on the index. Expectations of a firm start on Wall Street boosted sentiment while speculative buying has seen BP add to the morning's gains. BP said the cost of the clean-up in the Gulf of Mexico has risen t
Read moreShares in BP have jumped on takeover talk and hopes that it is making progress as it caps the oil leak in the Gulf of Mexico, but Footsie is little changed overall. BP said the cost of the clean-up in the Gulf of Mexico has risen to $3.5bn from $3.12bn a week ago and $2.65bn at the end of June, alt
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