Credit
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Temasek, Saudi Arabia’s PIF rated highest for credit metrics and liquidity by Moody’s
SINGAPORE’S Temasek Holdings and Saudi Arabia’s Public Investment Fund (PIF) have the strongest intrinsic credit quality, among the 11 government-owned investment holding companies (IHCs) it rated, said Moody’s Ratings in…
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Cocoa prices help Ivory Coast win credit upgrade from S&P
HIGHER prices for cocoa and rising exports helped Ivory Coast win a credit rating upgrade from S&P Global Ratings, which boosted the Western African nation a notch closer to investment…
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Blackstone’s credit arm is now its top business, fuelling profits
BLACKSTONE posted an increase in third-quarter profit as its credit arm was boosted by an influx of investor cash and became its biggest business by assets. Distributable earnings climbed 5.5…
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China To Boost Credit For Property Market, Renovate 1 Mn Homes
China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up…
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Boeing enters US$10 billion credit agreement with banks amid crippling strike
BOEING said on Tuesday (Oct 15) it has entered a credit agreement worth US$10 billion with a consortium of banks, as the US planemaker readies financing sources amid a crippling…
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GM, Barclays sign long-term credit card partnership agreement
GENERAL Motors and Barclays said on Monday (Oct 14) they have signed a long-term credit card partnership agreement to let customers earn and redeem reward points on new Buicks, Cadillacs…
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BlackRock is among suitors exploring purchase of credit firm HPS
BLACKROCK is among firms exploring a purchase of HPS Investment Partners, according to sources with knowledge of the matter, in a deal that would push the world’s biggest asset manager…
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Blackstone spies US$30 trillion opportunity in private credit
BLACKSTONE expects the private credit market to balloon to US$30 trillion in size, fuelled by lending for infrastructure projects and greater participation from pension funds. “The opportunity set to finance…
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BlackRock chases private credit deals in record India market
BLACKROCK, the world’s largest asset manager, is hunting for Indian direct lending opportunities in a broadening array of sectors from agriculture to hospitality as the nation’s booming private credit market…
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UBS kept less than half of Credit Suisse’s bankers in Germany
UBS Group has retained less than half of Credit Suisse’s bankers in Germany, giving a glimpse of the scale of job losses following last year’s merger of the two Swiss…
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Citigroup And Apollo Team Up For $25Bn Private Credit, Direct Lending Program
Citigroup Inc. and Apollo announced Thursday that they have collaborated on a $25 billion private credit and direct lending program, initially focused in North America with potential expansion into other…
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Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million after completion CREDIT Agricole is in advanced talks to invest in Guangzhou Automobile’s (GAC) financial leasing unit,…
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MSCI launches new ratings to assess carbon credit projects
They aim to improve understanding of a project’s impact on the climate, environment and society, as well as legal and ethical risks MSCI has launched the MSCI Carbon Project Ratings…
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JPMorgan in talks with Apple over Goldman credit card partnership: source
JPMORGAN Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday (Sep 17). The discussions…
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Moody’s, Fitch withdraw LMIRT’s credit ratings
The agencies also withdraw ratings on notes issued by LMIRT’s wholly owned subsidiary, LMIRT Capital TWO ratings agencies have withdrawn Lippo Malls Indonesia Retail Trust’s (LMIRT) credit ratings. Moody’s Investor…
