DelDOT issues new bonds; maintains high credit rating (Cape Gazette)
Gov. Ruth Ann Minner and the Delaware Department of Transportation (DelDOT) announce the successful sale of $117.8 million of Delaware Transportation Authority bonds, which affirmed the importance of the excellent bond ratings from Standard & Poor’s and Moody’s. The credit conscious municipal market is rewarding high-grade issuers with lower interest rates.
CFO anger at banks’ refusal to loosen credit (Financial Times)
The finance directors of Britain’s leading companies are becoming increasingly angry with banks over the poor availability and cost of credit, which they see as damaging viable businesses.
Retailers set to darken, downsize (BizJournals)
Poor holiday sales and tight credit will likely lead to as much as 2 million square feet of empty retail space in metro Atlanta in 2009, roughly the size of two Cumberland Malls. (ODP) (BBY) (WMT) (BGP) (ETH)
Egypt Ratings Affirmed At FC 'BB+/B', LC 'BBB-/A-3' Despite Weakening External Demand (Thaipr.net)
Çѹ·Õè 5 Á¡ÃÒ¤Á 2552 09:48 ¹. Standard & Poor's Ratings Services today affirmed its 'BB+/B' foreign currency and 'BBB-/A-3' local currency sovereign credit ratings on the Arab Republic of Egypt. The outlook on the ratings is stable.
