The upgrade reflects the healthy recovery in the company's business performance in fiscal 2009/10, ended on 31 March 2010, following strong off-take from the commercial vehicles (CV) segment, and continuing healthy prospects for the CV sector over the near to medium-term
. Coupled with steady profitability, higher business levels have led to a moderate improvement in SetcoA[cent sign]a'[not sign]a"[cent sign]s financial risk profile in 2009/10.
In a stock exchange filing, the Malaysian financial group has said that the tenure of the proposed medium-term
note programme will be six years from the date of the issuance of the first paper.
'The draft 2020 to 2022 Medium Term Fiscal framework indicates that Nigeria faces significant medium-term
fiscal challenges especially with respect to revenue generation.
vision statements set out the following: excellence in performance of statutory and other functions; strengthened trust of citizens and other institutions in the RBI; enhanced relevance and significance in national and global roles; transparent, accountable and ethics-driven internal governance; best-in-class and environment friendly digital as well as physical infrastructure; and innovative, dynamic and skilled human resources.
The offering was conducted in two tranches consisting of USD400m in senior unsecured medium-term
notes, series 12, with a fixed annual coupon of 3.62%, paid half yearly and maturing on 3 April 2029; and USD400m in senior unsecured medium-term
notes, series 13, having a fixed annual coupon of 4.54%, paid semi-annually and maturing on 3 April 2049.
Calgary-based Pembina Pipeline Corporation (TSX: PPL)(NYSE: PBA) has agreed to issue USD800m of senior unsecured medium-term
At the same time, the various ministerial departments must discuss the medium-term
sectoral expenditure programme before the adoption, in the cabinet meeting, of the Medium-Term
The redemption price for each of the medium-term
notes will be equal to USD1,000 per USD1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of March 25, 2019.
He said subdued domestic demand and modest increase in foreign prices contributed to the positive inflation outlook in the medium-term
. However, he said the outlook was subject to upside risks emanating from the potential rise in administered prices in domestic fuel prices and government levies and taxes beyond current forecasts.
It expects maintenance of the region's sound budgetary performance with operating margin above 10% and a close-to-balance budget over the medium-term
. This will be supported by the region's strong tax base, dominated by taxpayers from oil and gas sector, and the regional government's effective cost management.