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Solid Energy

TSB gets A- rating from Fitch

TSB assigned A- rating by Fitch, outlook on its S&P BBB+ rating upgraded to stable from negative; S&P says Taranaki exposure increased, highlights Solid Energy bond risk

TSB's Solid Energy 'learning curve'

TSB CEO acknowledges further hit to Solid Energy exposure can't be ruled out, which could be bad news for other banks too. Says due diligence 'heightened'

The Weekly Dairy Report

Milking year winds down and advisers suggest new year planning starts now.

Implicit govt guarantee for SOEs gone?

Solid Energy debt restructure 'one of the most significant banking sector events of recent years'

TSB moves on from Solid Energy effect

TSB returned to profit growth in the December quarter as high LVR home lending fell 7%

The Weekly Dairy report

Milk flows still tracking well ahead, but auction values fall as volumes drop

Bank won't appeal Solid Energy ruling

Bank of Tokyo-Mitsubishi to take unsuccessful Solid Energy debt restructure challenge on the chin, won't appeal court judgment

Anatomy of a bank's court defeat

Judge dismisses Bank of Tokyo-Mitsubishi challenge to Solid Energy debt restructure saying 'not a recapitalisation of a healthy company for Crown's benefit at the banks' expense'

Japanese bank loses Solid Energy case

Bank of Tokyo-Mitsubishi 'reviewing details of judgment' after court attempt to block Solid Energy debt restructure fails

Japanese bank increases provision

Bank of Tokyo-Mitsubishi, facing a $16.3m haircut on an $80m loan, says it can't estimate the potential financial impact from its exposure to Solid Energy