Fitch Downgrades Masisa’s IDRs to ‘BB’
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has taken the following rating actions for the ratings of Masisa S.A. (Masisa): –Foreign and local currency Issuer Default Ratings (IDRs) downgraded to ‘BB’ from ‘BB+’; –Long-term national scale ratings affirmed at ‘A-(cl)’; –National scale rating of Bond Line No. 355, No. 356, No. 439, No. 440 and No. 560 affirmed at ‘A-(cl)’; –Short-term rating affirmed at ‘F1(cl)’; –Equity rating affirmed at ‘Level 2′. The Rating Outlook is Stable. The rating actio
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Fitch Downgrades Masisa’s IDRs to ‘BB’
Final Budget Vote
Albany, NY (WBNG Binghamton) The last piece of New York’s spending plan could be passed late Wednesday night.
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Final Budget Vote
NY Senate shelves last budget item; plans talks
ALBANY, N.Y. (AP) New York’s Senate gave another twist to the ongoing budget battle by shelving the final budget bill hours before it was to be considered and putting off further action until after the July 4 holiday.
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NY Senate shelves last budget item; plans talks
NY Marcellus Shale drilling moratorium faces uphill battle in Legislature
The Legislature has yet to act on two bills that would enact a moratorium on natural-gas drilling in the state’s portion of the Marcellus Shale formation, increasing the likelihood that they won’t be taken up before legislative session ends.
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NY Marcellus Shale drilling moratorium faces uphill battle in Legislature
Albany Family Court says child who witnessed murder of mother by father is a severely abused child
A case that was initiated by a custodial grandmother who petitioned Albany County Family Court to terminate the parental rights of the child’s father, then went to the Appellate Division of the New York State Supreme Court, then back to Albany County Family Court., was resolved recently by Judge W. Dennis Duggan.
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Albany Family Court says child who witnessed murder of mother by father is a severely abused child
Fitch Affirms Crown Castle Senior Secured Notes, Series 2009-1
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed the Crown Castle Senior Secured Notes, Series 2009-1 as follows: –$163,085,000 class A-1 at ‘A-’; Outlook Stable; –$75,000,000 class A-2 at ‘A-’; Outlook Stable. The affirmations are due to the stable performance of the collateral since issuance. All classes are privately placed pursuant to rule 144A of the Securities Act of 1933. The Rating Outlooks reflect the likely direction of ratings changes over the next one to two years. The notes ar
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Fitch Affirms Crown Castle Senior Secured Notes, Series 2009-1
Fitch Affirms and Assigns Outlooks and LS Ratings to LBUBS 2002-C4
NEW YORK–(BUSINESS WIRE)–Fitch Ratings affirms and assigns Rating Outlooks and Loss Severity (LS) ratings to LB-UBS Commercial Mortgage Trust, series 2002-C4, commercial mortgage pass-through certificates as follows: –$25.5 million class A-3 at ‘AAA/LS1′; Outlook Stable; –$42.7 million class A-4 at ‘AAA/LS1′; Outlook Stable; –$850.5 million class A-5 at ‘AAA/LS1′; Outlook Stable; –$18.2 million class B at ‘AAA/LS3′; Outlook Stable; –$20 million class C at ‘AAA/LS3′; Outlook Stable; –$20
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Fitch Affirms and Assigns Outlooks and LS Ratings to LBUBS 2002-C4
SkyBridge Capital Completes Acquisition of Citi’s Fund of Hedge Funds, Hedge Fund Seeding and Hedge Fund Advisory Businesses
NEW YORK–(BUSINESS WIRE)–SkyBridge Capital (SkyBridge) today announced it has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments LLC (CAI). The deal positions SkyBridge as one of the leading global alternative asset managers with a total of $7.4 billion in assets under management and advisory and solidifies the firm as a global leader in hedge fund incubation. Terms of the transaction were not disclosed.
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SkyBridge Capital Completes Acquisition of Citi’s Fund of Hedge Funds, Hedge Fund Seeding and Hedge Fund Advisory Businesses
American Safety Razor Company Receives Refinancing Proposal
CEDAR KNOLLS, N.J.–(BUSINESS WIRE)–American Safety Razor Company, LLC, (“ASR” or “the Company”), a leading innovator in the production of blade products and currently the fourth largest manufacturer and distributor of wet shaving razors and blades, today announced that it has received a refinancing proposal from a major financial institution working in conjunction with a large group of its second lien lenders. The transaction involves only the Company’s U.S. and Puerto Rican operations; its ot
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American Safety Razor Company Receives Refinancing Proposal
ABM Industries Acquires Diversco, Inc.
NEW YORK–(BUSINESS WIRE)–ABM Industries Incorporated (NYSE: ABM) announced today that ABM Janitorial Services, Inc., a wholly owned subsidiary of ABM Industries, has acquired all of the outstanding shares of Diversco, Inc., from DHI HOLDINGS, Inc. The cash transaction closed June 30, 2010. ABM Industries, which operates through its subsidiaries, is the United States’ leading provider of facility services. Founded in 1968 as a janitorial services company, Diversco today employs 3000 people and
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ABM Industries Acquires Diversco, Inc.
