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Advisory | Ghana’s credit ratings upgrade: A vote of confidence, but not a passport to borrow
20 Jun 2025 13:29 GMT
A JoyNews Research Advisory Note | Dispatch 1
Ghana is back on the radar of global investors. For the first time since defaulting on its debt in 2022, all three major credit rating agencies—Moody’s, S&P, and now Fitch—have revised the country’s ratings …
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S&P lifts ratings on Fairfax’s core re/insurance subsidiaries
20 Jun 2025 12:18 GMT
S&P Global Ratings has raised its long-term issuer credit and financial strength ratings on Fairfax Financial’s core re/insurance operating subsidiaries, which include Odyssey Re and Allied World, to ‘AA-‘ from ‘A+’.
The rating agency has …
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S&P lowers Imperial County's underlying ratings on certificates of participation
20 Jun 2025 08:12 GMT
S&P Global Ratings has lowered its underlying rating (SPUR) to 'BBB' from 'A-' on Imperial County, Calif.'s certificates of participation (COPs) outstanding and removed it from CreditWatch, where it had been placed with negative …
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A+ credit rating highlights Cooper Health’s strong growth
18 Jun 2025 21:43 GMT
Cooper University Health Care now has the highest credit rating in its 138-year history.
S&P Global Ratings raised Cooper’s issuer credit rating from “A” to “A+” June 17. The financial services company cited Cooper’s sustained trend of operating …
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Grab’s $1.5b bond issuance won’t hurt its credit rating: S&P
18 Jun 2025 12:02 GMT
Grab Holdings’s $1.5-billion convertible bond issuance will significantly raise its leverage, but S&P Global Ratings said the company has enough liquidity and earnings momentum to absorb the hit without affecting its credit rating.
S&P has kept …
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Metropolitan Earns Excellent Credit Ratings From Top Rating Agencies
18 Jun 2025 02:15 GMT
Citing strong financial policies and prudent planning in a challenging water environment, the nation’s top rating agencies have again assigned the Metropolitan Water District of Southern California excellent credit ratings.
In recent weeks, S&P …
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S&P warns long war with Iran could sink Israel’s credit rating
17 Jun 2025 18:07 GMT
Global credit rating agency Standard & Poor’s warned that a protracted war with Iran and a sharp escalation will put Israel’s credit rating at risk of further downgrades.
“Developments in the Israel-Iran conflict are testing S&P Global Ratings’ …
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Brussels credit rating downgraded, partly due to lack of government
17 Jun 2025 08:43 GMT
American credit ratings agency Standard and Poor’s (S&P) has downgraded the rating for the Brussels region from A+ to A with a negative outlook.
The rating downgrade was expected, Bruzz reports, as the rating was already downgraded from AA- to A+ (on a …
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S&P upgrades Alkhaleej Takaful Insurance credit rating to A-
17 Jun 2025 07:36 GMT
Doha, Qatar: The S&P Global Ratings has upgraded the long-term issuer credit and insurer financial strength ratings of Alkhaleej Takaful Insurance Company from BBB+ (positive) to A-, with a stable outlook.
According to a statement published on the …
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Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, on S&P’s Global ...
18 Jun 2025 11:48 GMT
MONTRÉAL, June 18, 2025 (GLOBE NEWSWIRE) -- Bombardier is proud that S&P Global Ratings has upgraded the company’s credit rating to BB- from B+, with a stable outlook. This upgrade underscores Bombardier’s robust financial performance and strategic …