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The new rule provides for a waiver from providing supplemental financial assurance, applicable to all lessees/grantees on a particular lease, ROW, or RUE, if at least one co-lessee/co-grantee has an investment grade credit rating issued by an NRSRO (at least BBB- on S&P Rating Services and Fitch Ratings, or at least Baa3 on Moody’s Investors Service), or an equivalent proxy credit rating as determined by BOEM based on a company’s audited… [read post]
9 Nov 2023, 7:12 am by Kaufman Dolowich
More companies are investing in cyber insurance policies; direct written premiums increased 51% year-over-year in 2022, according to Fitch Ratings. [read post]
2 Nov 2023, 6:41 am by Evan Schwartz
  Unfortunately, the explosive growth in cyber crimes in recent years has put upward pressure on stand-alone cyber insurance premiums, which increased by 62% in 2022 alone, according to Fitch Ratings. [read post]
15 Sep 2023, 6:31 am
First hard evidence surfaced on August 1 2023, when Fitch Ratings downgraded the US’s credit level, citing deteriorating governance standards. [read post]
15 Sep 2023, 6:31 am
First hard evidence surfaced on August 1 2023, when Fitch Ratings downgraded the US’s credit level, citing deteriorating governance standards. [read post]
11 Aug 2023, 4:00 am by Jim Sedor
The unusual agreement, which allows both the DeSantis campaign and the Never Back Down to lease planes in a larger volume at lower market rates, is another way DeSantis and his allies have found to use unlimited donations to help cover the cost of activities historically borne directly by official campaigns. [read post]
2 Aug 2023, 6:44 am by Associated Press
Fitch Ratings has downgraded the U.S. government's credit rating, citing rising debt and a “steady deterioration in standards of governance. [read post]
25 May 2023, 7:50 am by Dan Farber
Uncle Sam’s credit rating would be downgraded, which means that investors would have to rebalance their portfolios and banks would have too increase. [read post]
6 May 2022, 7:30 am by Harbir Deol
Stamp duty is payable on the transfer of a loan, with rates varying under local state laws. [read post]
13 Apr 2022, 1:22 pm by Joe Wojciechowski
Most public companies that issue bonds to investors publicly are rated by the three primary ratings agencies – Standard & Poor’s, Moody’s, and Fitch. [read post]
13 Apr 2022, 11:29 am by The White Law Group
Junk bonds earn credit ratings of BB or below from ratings agencies such as Standard & Poor’s (S&P) or Fitch or a rating of Ba or below from Moody’s. [read post]
13 Apr 2022, 9:35 am by The White Law Group
Junk bonds earn credit ratings of BB or below from ratings agencies such as Standard & Poor’s (S&P) or Fitch or a rating of Ba or below from Moody’s. [read post]
31 Mar 2022, 7:00 pm by Daniel Jin
Withholding Tax is imposed at the rate of 8 per cent to payments of interest made to “related parties” in low-income tax rate jurisdictions (statutory rate of less than 9 per cent) or in “non-cooperative states”. [read post]
28 Feb 2022, 7:00 pm by Daniel Jin
UNITED STATES OF AMERICA On 1 February 2022, data compiled by Bloomberg found that the total amount of traded distressed bonds and loans in the Americas totalled USD65.5bn, increasing by 6.5 per cent week-on-week. [read post]
8 Feb 2022, 7:29 am by China Law Blog
That policy is intended to slow fear-triggered financial contagion, and, as Fitch Ratings has said, act as “the first line of defense for securitization deals against set-off risk in the event of a bank default or insolvency in China. [read post]
7 Feb 2022, 3:58 am by Dan Harris
Domestic debt for the same period, however, skyrocketed to an average annual rate of around 20%, surging even higher in 2020 after the initial Covid-19 outbreak. [read post]