Fitch Rates Virginia Beach Development Authority, VA's $49.8MM Revs 'AA ... - MarketWatch (press release)

Fitch Rates Virginia Beach Development Authority, VA's $49.8MM Revs 'AA ... MarketWatch (press release) CREDIT-POSITIVE DEBT POSITION: Prudent debt management policies have resulted in moderately low and stable debt levels, as has significant pay-as-you-go capital funding which Fitch also considers important as a budget relief valve should the city ... and more »

Diamond Foods Secures $225 Million Investment From Oaktree Capital Management - MarketWatch (press release)

ValueWalk

Diamond Foods Secures $225 Million Investment From Oaktree Capital Management MarketWatch (press release) The amendment to Diamond's senior secured credit facility with its lenders includes a lower level of total bank debt, initially at $475 million, along with substantial covenant relief until October 31, 2013. Upon the closing of the transaction, ... Oaktree Capital to invest $225 mln in Diamond FoodsReuters Reuters – Oaktree Capital Puts $225M into Diamond FoodsPrivate Equity Hub (press release) Oaktree investing $225 million in Diamond FoodsBaking Business (registration) all 29 news articles »

TEXT-S&P raises Radio One term loan rating to 'B+' - Reuters

TEXT-S&P raises Radio One term loan rating to 'B+' Reuters We are revising our recovery ratings and raising our issue-level ratings on the company's senior secured debt. -- We are affirming all other ratings on Radio One, including the 'B-' corporate credit rating. -- The negative outlook reflects the ... and more »

TEXT-S&P affirms PaperWorks Industries ratings - Reuters

TEXT-S&P affirms PaperWorks Industries ratings Reuters PaperWorks capital structure includes a $75 million ABL revolving credit facility, $180 million senior secured term loan (of which $15 million has been already prepaid), and approximately $50 million in mezzanine subordinated notes. Debt also includes ... and more »

TEXT-Fitch puts Banco GMAC SA on negative watch - Reuters

TEXT-Fitch puts Banco GMAC SA on negative watch Reuters Meanwhile it maintained the IDR on Rating Watch Negative and senior unsecured debt ratings of Ally and its subsidiaries. In resolving the Rating Watch on Ally, Fitch will focus on the repayment of the secured debt facility with ResCap, ... and more »