If a business cannot meet its short term obligations
then it is insolvent because it cannot pay its debts as they fall due.
The IIRA has also assigned its National scale ratings of A- and A-2 to the medium to long term and short term obligations
of Kuwait Turkish Participation bank.
The rating for the first mortgage bonds is upgraded to `AAA' from `A,' senior unsecured debt to `A' from `A-' and preferred stocks to `A-' from `BBB+'; short term obligations
remain unchanged at `F1'.
BCI commences $440 million Rights Offering - Short term obligations
totalling approximately $656 million to be settled through issuance of BCI common shares
Fitch rates UI's senior unsecured debt and senior secured lease obligations `A-` and UIL's implied senior unsecured debt `BBB+' and short term obligations
The Pakistan Credit Rating Agency (PACRA), has maintained Askari Leasing's entity rating at "A" for long term and "A1" for short term obligations
based on the results of June 30,1999.
Moody's Investors Service rates Islandsbanki-FBA's long term obligations A2 with positive outlook and its short term obligations
0 million in short term obligations
which were part of the purchase consideration for its recent acquisition of Chempower Inc.
This financing allows Midas to term out short term obligations
incurred as a result of its investments throughout 1996.