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.
Short term obligations include trade related financing, approximately BRL1.
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 `F2'.
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 P-1.
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.
