Lakeview Hotel REIT announces results of the special meeting of the holders of the 6.5% Series C Convertible Redeemable Subordinated Debentures and announces a distribution of warrants to the holders thereof

February 22, 2012

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S NEWS WIRE SERVICES/ WINNIPEG, Feb. 22, 2012 /CNW/ - Lakeview Hotel Real Estate Investment Trust (TSXV:LHR.UN) (" Lakeview REIT " or the " Trust ") announced today that the previously announced meeting of the holders (the " Debentureholders ") of 6.5% Series C Convertible Redeemable Subordinated Debentures (the " Debentures ") was held today. The Trustees are pleased to announce that the Debentureholders have approved all resol...continued
   

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2005-9

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBB-sf' issued by SLM Student Loan Trust series 2005-9. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and su...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2008-4

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'AA+sf' issued by SLM Student Loan Trust series 2008-4. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and sub...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2007-2

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBBsf' issued by SLM Student Loan Trust series 2007-2. The Rating Outlook remains Negative for the senior classes. The Outlook for the subordinate class is revised to Positive. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The Positive...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2008-6

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'Asf' issued by SLM Student Loan Trust series 2008-6. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and subordina...continued

United Online Reports Fourth Quarter and Full Year 2011 Results

February 22, 2012

United Online, Inc. (Nasdaq: UNTD), a leading provider of consumer products and services over the Internet, today reported financial results for its fourth quarter and year ended December 31, 2011. “Consolidated adjusted OIBDA was at the high end of our guidance range for the quarter, and consolidated revenues were within our guidance range,” said Mark R. Goldston, Chairman, President and Chief Executive Officer of United Online. “FTD delivered year-over-year growth for the fo...continued
     

Fitch Publishes Global Rating Criteria for Single- and Multi-Name Credit-Linked Notes

February 22, 2012

Link to Fitch Ratings' Report: Global Rating Criteria for Single- and Multi-Name Credit-Linked Notes http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672072 Fitch Ratings has published an updated criteria report for rating single- and multi-name credit-linked notes. The new criteria report replaces and supersedes the existing criteria report entitled 'Global Rating Criteria for Single- and Multi-Name Credit-Linked Notes', dated Feb. 24, 2011. There are no significant ...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2007-1

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBBsf' issued by SLM Student Loan Trust series 2007-1. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and sub...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2007-3

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'A-sf' issued by SLM Student Loan Trust series 2007-3. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and subo...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2003-11

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBB-sf' issued by SLM Student Loan Trust series 2003-11. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and s...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2006-6

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBBsf' issued by SLM Student Loan Trust series 2006-6. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and sub...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2006-9

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'BBBsf' issued by SLM Student Loan Trust series 2006-9. The Rating Outlook remains Negative for the senior classes and Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and sub...continued

Fitch Affirms Senior and Subordinate Notes of SLM Student Loan Trust, Series 2008-3

February 22, 2012

Fitch Ratings affirms both the senior notes at 'AAAsf' and subordinate student loan note at 'A+sf' issued by SLM Student Loan Trust series 2008-3. The Rating Outlook remains Negative for the senior classes and Outlook Stable for the subordinate class. Fitch used its 'Global Structured Finance Rating Criteria', and 'U.S. FFELP Student Loan ABS Surveillance Criteria', as well as 'Rating U.S. Federal Family Education Loan Program Student Loan ABS' to review the ratings. The ratings on the senior and ...continued

Anglo Pacific Group PLC: Preliminary Results for the Year Ended December 31, 2011

February 22, 2012

LONDON, UNITED KINGDOM--(Marketwire - Feb. 22, 2012) - Anglo Pacific Group PLC ('Anglo Pacific', the 'Group') (LSE:APF)(TSX:APY) is pleased to announce preliminary results for the year ended December 31, 2011. This release together with the Chairman's Review and accompanying financial statements are available on both the Group's website at www.anglopacificgroup.com and on SEDAR at www.SEDAR.com. Highlights: Record royalty income for the year of £35.1 million, compared to £30.1 m...continued
 

Clayton Williams Energy Announces 2011 Financial Results and Year-End Reserves

February 22, 2012

Clayton Williams Energy, Inc. (the “Company”) (NASDAQ:CWEI) today reported its financial results for the quarter and year ended December 31, 2011, along with information about its proved oil and gas reserves as of December 31, 2011. Highlights 2011 Cash Flow from Operations of $280 Million, up 34% Total Proved Reserves of 64.3 Million BOE, up 26% 77% Oil and NGL and 61% Proved Developed 384% of 2011 Production Replaced by Reserve Additions ...continued
     

Fitch Releases Report on Rhode Island School of Design, RI

February 21, 2012

Link to Fitch Ratings' Report: Rhode Island School of Design http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=671849 Fitch Ratings has published a report on Rhode Island School of Design, RI. The report is available at 'www.fitchratings.com'. Additional information is available at 'www.fitchratings.com'. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITC...continued

IOU Financial announces restatement of financial statements for the first three quarters of 2011

February 21, 2012

MONTREAL, Feb. 21, 2012 /CNW Telbec/ - IOU Financial Inc. ("IOU" or the "Company") (CNSX: IOU) announced today that it plans to restate its financial statements for the first three quarters of 2011. Following discussions with its auditors, the Company has discovered an incorrect application of the newly adopted IFRS accounting standards as it applies to the reverse takeover transaction of IOU Central (completed on February 28, 2011).  For the nine month period ended September 30, 2011, the Compa...continued
 

Fitch Rates Bastrop, TX’s GOs and COs ‘AA-’; Outlook Stable

February 21, 2012

Fitch Ratings assigns an 'AA-' rating to the following obligations for the city of Bastrop, Texas (the city): --$2.095 million general obligation (GO) refunding and improvement bonds, series 2012; --$4.58 million combination tax and revenue certificates of obligation (COs), series 2012. The bonds and COs are expected to price via negotiation on Feb. 28, 2012. Proceeds from the sale of the bonds will be used to refund certain outstanding obligations and to pay issuance costs. Proceeds from ...continued

Fitch Rates Louisville G&E and Kentucky Utilities Co. Commercial Paper Programs ‘F2′

February 21, 2012

Fitch Ratings has assigned an 'F2' rating to the newly established 4(2) commercial paper (CP) programs of Louisville Gas and Electric Co. (LG&E) and Kentucky Utilities Co. (KU). Each program permits CP borrowings of up to $250 million. The 'F2' CP ratings are consistent with each company's 'A-' Issuer Default Rating (IDR) and solid liquidity position. In support of CP borrowings and other working capital needs LG&E and KU each have a $400 million syndicated bank credit facility that extend...continued

HOVENSA L.L.C. Announces Results Of Cash Tender Offer For Any And All Of The $355,683,000 Outstanding Refinery Facilities Revenue Bonds

February 21, 2012

HOVENSA L.L.C. (“HOVENSA” or the “Company”) today announced the results of its previously announced cash tender offer (the “Offer”) for any and all of the outstanding Refinery Facilities Revenue Bonds of the series listed below (the “Tax-Exempt Bonds”). The Offer expired at 11:59 p.m., New York City time, on February 17, 2012 (the “Expiration Date”). As of the Expiration Date, $355,453,000 aggregate principal amount of Tax-Exemp...continued

UNITE HERE issues new report on Station Casinos LLC and Las Vegas Locals market trends

February 21, 2012

Today, UNITE HERE Gaming Research issued a new report on Station Casinos LLC, which has started multistep sale of high-yield bonds, with bookrunners Deutsche Bank and JPMorgan, to take out the company’s $1.6 billion mortgage term loans on the two investment banks’ own books. “Outside of one tribal casino management contract in Michigan (through a joint venture), Station Casinos’ revenue stream is entirely concentrated in the Las Vegas Locals gaming market,” said ...continued

Fitch Affirms and Withdraws Banco Inbursa’s Ratings

February 17, 2012

Fitch Ratings has affirmed and simultaneously withdrawn Banco Inbursa's ratings as indicated in the list at the end of this commentary. Fitch has withdrawn the ratings as Banco Inbursa has chosen to stop participating in the rating process. Therefore, Fitch will no longer have sufficient information to maintain the ratings. Accordingly, Fitch will no longer provide ratings or analytical coverage for Banco Inbursa. Banco Inbursa's viability rating and its Issuer Default Ratings (IDRs) are driven by...continued

Fitch Affirms and Withdraws W.T.B. Financial Corporation’s L-T IDR of ‘BBB’

February 17, 2012

Fitch Ratings has affirmed W.T.B Financial Corporation's (WTBF) and its main subsidiary, Washington Trust Bank, long-term and short-term Issuer Default Ratings (IDR) at 'BBB' and 'F2', respectively. At the same time, Fitch has withdrawn all of the company's ratings and will no longer provide ratings or analytical coverage. WTBF's ratings are no longer considered by Fitch to be relevant to the agency's coverage. WTBF is a $4 billion bank holding company headquartered in Spokane, WA. Fitch h...continued

Fitch Affirms and Withdraws Columbia Financial, Inc. ‘BBB’ L-T IDR

February 17, 2012

Fitch Ratings has affirmed and withdrawn the ratings of Columbia Financial, Inc. including the long-term Issuer Default Rating (IDR) of 'BBB'. A complete list of ratings is provided at the end of this release. The rating withdrawal reflects Fitch's view that Columbia Financial, Inc. is no longer considered by Fitch to be relevant to the agency's coverage. Fitch will no longer provide ratings or analytical coverage of Columbia Financial, Inc. or its subsidiaries. Fitch has affirmed and withdraw...continued

Temple Real Estate Investment Trust announces increase to previously announced Convertible Debenture and trust units issue and filing of final short form prospectus

February 17, 2012

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S. WINNIPEG, Feb. 17, 2012 /CNW/ - Temple REIT (TSX Venture: TR.UN) ("TREIT" or the "REIT") announced today that it has filed a final short form prospectus in all the provinces and territories of Canada (excluding Quebec), and obtained a receipt therefore, with respect to its previously announced public offering of 7.75% Series D Convertible Redeemable Unsecured Subordinated Debentures due June 30, 2017 ("Debentures") and c...continued
       

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