Credit Ratings
Standard and Poor's upgrades Fisher and Paykel Finance credit rating to BB+, its highest 'junk' grade rating, after Haier takeover of its parent
22nd Nov 12, 10:33am
Standard and Poor's upgrades Fisher and Paykel Finance credit rating to BB+, its highest 'junk' grade rating, after Haier takeover of its parent
BNZ CEO Andrew Thorburn defends bank profitability, says BNZ's return on assets would be 'unsustainably low' in other industries
19th Nov 12, 4:01pm
10
BNZ CEO Andrew Thorburn defends bank profitability, says BNZ's return on assets would be 'unsustainably low' in other industries
Standard and Poor's cuts Rabobank NZ credit rating one notch to AA- as it grows more concerned about its parent's Dutch home market
19th Nov 12, 9:11am
2
Standard and Poor's cuts Rabobank NZ credit rating one notch to AA- as it grows more concerned about its parent's Dutch home market
Standard and Poor's says it doesn't believe the RBNZ's open bank resolution policy means the Govt would let a distressed major bank fail
15th Nov 12, 4:08pm
2
Standard and Poor's says it doesn't believe the RBNZ's open bank resolution policy means the Govt would let a distressed major bank fail
Equity deficit at Graeme Hart's packaging empire Reynolds Group Holdings blows out to US$522 mln
15th Nov 12, 10:33am
8
Equity deficit at Graeme Hart's packaging empire Reynolds Group Holdings blows out to US$522 mln
Kiwibank seeking up to NZ$150 mln through issue of unsecured, subordinated bonds with a BB+ credit rating
5th Nov 12, 1:54pm
2
Kiwibank seeking up to NZ$150 mln through issue of unsecured, subordinated bonds with a BB+ credit rating
Kiwibank credit rating cut alongside parent NZ Post's to one notch below the big 4 banks as it eyes covered bond issue
31st Oct 12, 9:38am
3
Kiwibank credit rating cut alongside parent NZ Post's to one notch below the big 4 banks as it eyes covered bond issue
Heartland NZ, expecting news on its application to become a bank next month, has its BBB- credit rating affirmed by Standard and Poor's
18th Oct 12, 5:22pm
3
Heartland NZ, expecting news on its application to become a bank next month, has its BBB- credit rating affirmed by Standard and Poor's
Fledgling Kiwibank insurance business Kiwi Life issued strong credit ratings by AM Best based on NZ Post relationship
20th Sep 12, 9:50am
Fledgling Kiwibank insurance business Kiwi Life issued strong credit ratings by AM Best based on NZ Post relationship
Opinion: How China's Haier could effectively grab control of Fisher and Paykel Appliances for a song and what a buyer of F&P Finance would be getting
14th Sep 12, 4:17pm
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Opinion: How China's Haier could effectively grab control of Fisher and Paykel Appliances for a song and what a buyer of F&P Finance would be getting
Graeme Hart's Reynolds Group paying up to 10% on its US$18 bln of debt; Has US$892 mln pension scheme shortfall
10th Sep 12, 4:48pm
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Graeme Hart's Reynolds Group paying up to 10% on its US$18 bln of debt; Has US$892 mln pension scheme shortfall
Rabobank NZ warned by the RBNZ over the necessity of having a credit rating after temporary withdrawal of S&P rating in July
7th Sep 12, 4:28pm
Rabobank NZ warned by the RBNZ over the necessity of having a credit rating after temporary withdrawal of S&P rating in July
Some US$18 bln of debt held by Graeme Hart's packaging group Reynolds Group downgraded to B3, lowest of Moody's 'highly speculative' ratings
7th Sep 12, 11:09am
1
Some US$18 bln of debt held by Graeme Hart's packaging group Reynolds Group downgraded to B3, lowest of Moody's 'highly speculative' ratings
Geneva Finance raises NZ$3 mln through 'innovative product' offering professional investors up to 9% interest
27th Aug 12, 5:28pm
1
Geneva Finance raises NZ$3 mln through 'innovative product' offering professional investors up to 9% interest
Chancellor of the University of Otago, John Ward, named new chairman of SBS Bank replacing the long serving Acton Smith
23rd Aug 12, 2:47pm
Chancellor of the University of Otago, John Ward, named new chairman of SBS Bank replacing the long serving Acton Smith
Standard and Poor's downgrades GFNZ Group, formerly Geneva Finance, to CC saying it's 'currently highly vulnerable'
23rd Aug 12, 1:29pm
Standard and Poor's downgrades GFNZ Group, formerly Geneva Finance, to CC saying it's 'currently highly vulnerable'
Morgan Stanley and Citigroup raise NZ$1.25 bln, combined, in 1st NZ$ denominated bond issues by US banks in 5 years
3rd Aug 12, 4:26pm
2
Morgan Stanley and Citigroup raise NZ$1.25 bln, combined, in 1st NZ$ denominated bond issues by US banks in 5 years
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it
24th Jul 12, 4:14pm
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it
A.M. Best delivers good news for CBL Insurance, but raises concerns about Civic Assurance and ACS, formerly Ansvar
20th Jul 12, 12:05pm
A.M. Best delivers good news for CBL Insurance, but raises concerns about Civic Assurance and ACS, formerly Ansvar
Rabobank NZ boss admits the bank overlooked regulatory requirement when ditching its now reinstated credit rating
13th Jul 12, 1:50pm
1
Rabobank NZ boss admits the bank overlooked regulatory requirement when ditching its now reinstated credit rating
Standard and Poor's withdraws and then reinstates credit rating on Rabobank NZ at bank's request
12th Jul 12, 9:37am
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Standard and Poor's withdraws and then reinstates credit rating on Rabobank NZ at bank's request
PwC cautions banks against placing too much reliance on covered bonds saying they add 'incremental constraints'
9th Jul 12, 3:59pm
3
PwC cautions banks against placing too much reliance on covered bonds saying they add 'incremental constraints'
Westpac secures just over two-thirds of maximum NZ$900 mln target from two domestic debt issues
6th Jul 12, 4:10pm
Westpac secures just over two-thirds of maximum NZ$900 mln target from two domestic debt issues
Westpac NZ looks to raise as much as NZ$900 mln, combined, from five-year and seven-year debt issues to institutional investors
3rd Jul 12, 3:53pm
Westpac NZ looks to raise as much as NZ$900 mln, combined, from five-year and seven-year debt issues to institutional investors
Co-operative Bank customer-owners to get proportionate profit return as new CEO and chairman eye faster growth
21st Jun 12, 4:18pm
Co-operative Bank customer-owners to get proportionate profit return as new CEO and chairman eye faster growth
