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Fitch Affirms Bunge's IDRs at 'BBB'; Outlook Negative
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings for Bunge Limited (Bunge) and its financing subsidiaries, which carry full guarantees from Bunge, as follows: Bunge Limited --Long-term Issuer Default Rating (IDR) at 'BBB'; --Preference shares at 'BB+'. Bunge Limited Finance Corp. (BLFC) --Long-term IDR at 'BBB'; --Senior unsecured notes at 'BBB'; --Senior unsecured term loans at 'BBB'; --Senior unsecured credit facilities at...  
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Queens credit-repair guy an ID thief: DA
A Queens businessman fixed bad credit the easy way — he stole new IDs for his clients, authorities said.Benjamin Cardova, 45, owner of Financial Institution Recovery Services, in Richmond Hill, allegedly used a rubber stamp with a Georgia judge’s and clerk’s names to approve customers with forged name-change...  
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Why Goldcorp May Climb 40% Higher
By Vatalyst: Fitch Ratings has recently announced that it is maintaining the 'BBB.' Issuer Default Rating [IDR] of Goldcorp (GG). The rating on the $862.5 million senior unsecured convertible notes and the $2 billion senior unsecured revolving credit facility was reaffirmed at 'BBB,' and the rating outlook was kept at Stable.Fitch commented that Goldcorp had substantial reserves and the lives of its mines were impressive. Of importance is the...  
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Fitch Affirms SEACOR Holdings' IDR at 'BBB-'; Outlook Revised to Negative
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed SEACOR Holdings' (SEACOR; NYSE: CKH) Issuer Default Rating (IDR) and debt ratings as follows: --IDR at 'BBB-'; --Senior unsecured credit facility at 'BBB-'; --Senior unsecured notes at 'BBB-'. The Rating Outlook is has been revised from Stable to Negative. Approximately $1.0 billion in total debt is outstanding. SEACOR's ratings are supported by the company's diversity of operations across...  
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Fitch Publishes Ratings on Lorillard IDR at 'BBB'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has published the following ratings on Lorillard, Inc. (Lorillard) and its subsidiaries as follows: Lorillard (Parent) --Long-term Issuer Default Rating (IDR) at 'BBB'; --Short-term IDR at 'F2'; Lorillard Tobacco Co. (Wholly owned subsidiary) --Long-term IDR at 'BBB'; --Senior Unsecured Credit Facility at 'BBB'; --Senior Unsecured Notes at 'BBB'; --Short-term IDR at 'F2'. The Rating Outlook is Stable...  
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Fitch Rates Talisman's New Senior Unsecured Notes 'BBB'
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'BBB' to Talisman Energy Inc.'s (TLM) newly issued $600 million of 30-year senior unsecured 5.5% notes. The Rating Outlook is Stable. Net proceeds will be used for general corporate purposes including the repayment of outstanding credit facility borrowings and commercial paper. The rating and Outlook are based on TLM's history of reasonable reserve replacement, production profile...  
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Fitch Rates Republic Services, Inc.'s Amended Senior Unsecured Credit...
CHICAGO--(BUSINESS WIRE)--Fitch Ratings rates Republic Services, Inc.'s (RSG) amended and restated senior unsecured credit facility 'BBB'. The $1.25 billion revolving facility has a five-year term with covenants similar to the pre-amended $1.25 billion facility that was due in September 2013. The facility is available for general corporate purposes. Fitch's current Issuer Default Rating (IDR) for RSG is 'BBB', and the Rating Outlook is Stable...  
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Fitch Rates Kimco Realty Corporation's Senior Unsecured Term Loan 'BBB...
NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a credit rating of 'BBB+' to the $400 million senior unsecured term loan due 2014 announced by Kimco Realty Corporation. (NYSE: KIM). The loan bears interest at a rate based on the company's credit ratings and is currently LIBOR plus 105 basis points. The term loan proceeds will be used for general corporate purposes, including the repayment of upcoming debt maturities. Fitch currently rates...  
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Fitch Rates Molson Coors Proposed $1.9B Sr Unsecured Notes, Bank Debt...
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned the following ratings to Molson Coors Brewing Company's (Molson Coors) and related entities; $1.9 billion senior unsecured notes offering, revolving credit facility, term loans and convertible notes: Molson Coors Brewing Company (Parent)--$1.9 billion senior unsecured notes;--$550 million revolving credit facility at 'BBB';--$150 million four year U.S. term loan at 'BBB'. Molson Coors Holdco...  
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Fitch Upgrades Federal Realty Investment Trust's IDR to 'A-'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded the credit ratings of Federal Realty Investment Trust (NYSE: FRT) as follows: --Issuer Default Rating (IDR) to 'A-' from 'BBB+';--Unsecured revolving credit facility to 'A-' from 'BBB+';--Senior unsecured notes to 'A-' from 'BBB+';--Redeemable preferred shares to 'BBB' from 'BBB-'. In addition, Fitch has assigned an 'A-' rating to the company's $275 million senior unsecured term loan. The...  
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Fitch Affirms and Withdraws HCP, Inc.'s Preferred Stock Rating at 'BBB-'
NEW YORK--(BUSINESS WIRE)--In conjunction with HCP, Inc.'s (NYSE: HCP) redemption of all outstanding preferred stock, Fitch Ratings has affirmed and withdrawn the preferred stock credit ratings at 'BBB-' as these ratings are no longer considered by Fitch to be relevant to the agency's coverage. Fitch currently rates HCP as follows: --Issuer Default Rating (IDR) 'BBB+'; --Unsecured bank credit facility 'BBB+'; --Senior unsecured notes 'BBB...  
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Fitch Upgrades BorgWarner's IDR to 'BBB+'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has upgraded the issuer default rating (IDR) of BorgWarner Inc. (BWA) to 'BBB+' from 'BBB'. Fitch has also upgraded BWA's unsecured credit facility and senior unsecured notes ratings to 'BBB+' from 'BBB'. A list of the rating actions taken on BWA is included at the end of this release. Fitch's ratings apply to a $650 million unsecured revolving credit facility and $655 million (par value) in senior...  
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Fitch Affirms Agilent Technologies' IDR at 'BBB+'; Outlook Stable
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has affirmed the following ratings for Agilent Technologies, Inc. (Agilent) (NYSE: A): --Issuer Default Rating (IDR) at 'BBB+'; --Senior unsecured revolving credit facility (RCF) at 'BBB+'; --Senior unsecured notes at 'BBB+'. Fitch's actions affect approximately $2.6 billion of debt, including an undrawn $400 million RCF expiring 2016. The Rating Outlook is Stable. The ratings and Stable Outlook reflect...  
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Fitch Affirms Regency Centers' IDR at 'BBB'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the following credit ratings for Regency Centers Corp. (NYSE: REG) and its operating partnership, Regency Centers, L.P., (collectively, REG): Regency Centers Corporation --Issuer Default rating (IDR) at 'BBB'; --Preferred stock at 'BB+'. Regency Centers, L.P. --IDR at 'BBB'; --Unsecured revolving facility at 'BBB'; --Senior unsecured notes at 'BBB'. In addition, Fitch has assigned a 'BBB...  
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Fitch Affirms HCP, Inc.'s IDR at 'BBB+'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the credit ratings of HCP, Inc. (NYSE: HCP) as follows: --Issuer Default Rating (IDR) at 'BBB+'; --Unsecured bank credit facility at 'BBB+'; --Senior unsecured notes at 'BBB+'; --Preferred stock at 'BBB-'. The Rating Outlook is Stable. The affirmations reflect HCP's credit strengths, namely steady cash flows from a large portfolio of high quality properties across the health care real...  
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Fitch Affirms Owens-Illinois' IDR at 'BB'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed all of Owens-Illinois Inc.'s (OI) and subsidiary Issuer Default Ratings (IDR) and long-term debt ratings. Fitch has affirmed the following ratings: Owens: --IDR at 'BB'; --Senior unsecured notes at 'BB-'. Owens Brockway Glass Containers Inc. (OBGC); --IDR at 'BB'; --$900 million revolving credit facility at 'BBB-'; --$600 million secured term loan A at 'BBB-'; --Senior unsecured notes at...  
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TEXT-Fitch affirms Goldcorp Inc at 'BBB'
May 22 - Fitch Ratings has affirmed the Issuer Default Rating (IDR) at 'BBB' for Goldcorp Inc. (TSE:G, NYSE: GG), the $862.5 million senior unsecured convertible notes at 'BBB' and the $2 billion senior unsecured revolving credit facility at 'BBB'.  
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Credit Repair Services in the US Industry Market Research Report Now...
Most industries in the United States went down with the ship during the recession, but the Credit Repair Services industry was not one of them. As consumers credit scores dropped in the face of late payments due to unemployment and reduced income, industry ...  
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Woman Spends 6 Years Trying To Convince Credit Bureaus She's Not Dead...
After getting Bamboozled involved, the three bureaus were suddenly more responsive, though both Experian and TransUnion say her record was corrected back in 2007. Equifax says the report is now correct. Muddying the waters even more is the fact that the ...  
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Bamboozled: 'Deceased' woman has a bone to pick with credit bureaus
"This was due to my being deceased." Bea Cohen and her husband, Saul, contacted Equifax, the credit reporting agency, and Robert Wood Johnson, to clear up the confusion. The couple said they presented Social Security records, verification from ...  
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Credit Bureaus & Rating Agencies in the US Industry Market Research Report...
The company that placed this press release with PRWeb is responsible for its content. It is not edited by the Albany Times Union. Tightened credit and a drop in credit applications hurt the industry during the recession. Over the next five years ...  
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TEXT-Fitch raises BorgWarner ratings
April 17 - Fitch Ratings has upgraded the issuer default rating (IDR) of BorgWarner Inc. (BWA) to 'BBB+' from 'BBB'. Fitch has also upgraded BWA's unsecured credit facility and senior unsecured notes ratings to 'BBB+' from 'BBB'. A list of the rating ...  
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Consumers, credit bureaus grapple with 'thin file' problem
Of the nation's 220 million adults, 33 million are categorized by credit rating agencies as thin-files and 22 million ... These credit scores are employed by credit card companies, mortgage lenders, auto dealers and many other entities to assess how ...  
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Credit-Repair Companies en Route to Arbitration
Credit-Repair Companies en Route to ArbitrationCourthouse News ServiceBy TIM HULL (CN) - The 9th Circuit vacated its interpretation of a federal credit-repair law on Tuesday, ordering a class to arbitrate claims of misleading subprime credit cardholders. An apparently chastened three-judge panel changed course after a ...Arbitration roundupLexology (registration)all 2 news articles »  
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Fitch Boosts BorgWarner Ratings - Analyst Blog
Fitch Ratings Services has boosted both the issuer default rating as well as unsecured revolving credit facility and senior unsecured notes ratings of BorgWarner Inc. ( BWA) to "BBB+" from "BBB" based on the company's debt reduction measures.  
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Moody’s upgrades Collingwood’s credit rating
Moody’s Investors Service has agreed to "restore" the Borough of Collingswood’s credit rating to Baa3, an investment grade acceptable to many insurance companies and other low-risk investors, according to Mayor Jim Maley.Moody’s analyst Josellyn Yousef raised the rating from Ba1 — junk-bond status — to acknowledge "the reduction of risk" after the borough refinanced debt for a troubled ...  
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Moody’s upgrades the Philippines credit rating outlook
The Philippines received its sixth upgrade in less than 2 years after New York-based Moody’s Investors Service upgraded the credit rating outlook of the Philippines Related posts: S raises Philippines’ ratings outlook to positive Rebuild Credit Reputation – Part 2 Phl competitiveness rating improves 10 places  
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A.M. Best Affirms Ratings of National Lloyds Insurance Company and American...
A.M. Best Co. has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of “a+” of National Lloyds Insurance Company (National Lloyds), as well as the FSR of A (Excellent) and ICR of “a” of American Summit Insurance Company (American Summit).  
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Get the lowdown on your credit rating at these websites
Your personal credit rating, to a great extent, determines what loans you'll qualify for and the interest you'll pay. Check these sites to find out where you stand, and how to fix credit problems.  
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Credit rating agency DBRS expects the oil and gas sector to be stable in 2012
Credit ratings in the oil and gas sector will remain relatively stable in 2012, credit rating agency DBRS said in a report released Thursday even as oil traded at its lowest level of the year.  
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How to Find, Fix Your Credit Score
Rating determines what loans you qualify for and interest you'll pay. Published: Saturday, March 31, 2012 at 11:52 p.m. Last Modified: Saturday, March 31, 2012 at 11:52 p.m.  
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Danske has credit rating downgrade
DANISH BANK Danske had its credit rating downgraded by Standard and Poor’s due to the continuing problem in its Irish business, National Irish Bank.  
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S&P raises IBM credit rating
Standard & Poor's Ratings Services raised IBM Corp.'s long-term credit rating, saying the technology giant's business is strengthening.  
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SA credit rating cut
Standard & Poor's has downgraded SA's credit rating to AA+ following the release of the state budget.  
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Standard & Poor's cuts SA credit rating
Standard & Poor's has downgraded SA's credit rating to AA+ following the release of the state budget.  
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