(The following statement was released by the rating agency)
LONDON, February 02 (Fitch) Fitch Ratings has assigned the
Society of Lloyd's
(Issuer Default Rating (IDR) A+/Stable) issue of subordinated
debt securities of
GBP300m a final rating of 'A-'.
The notes are rated two notches below the Society of Lloyd's IDR
of 'A+' to
reflect their subordination (one notch) and 'moderate' risk of
non-performance
(one notch), in line with Fitch's notching criteria.
The assignment of the final rating fo
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Financials
Thursday, February 2, 2017
UPDATE 1-Sports Direct in talks to bid for Bob's, Eastern Mountain Sports -sources
Feb 2 (Reuters) - Struggling British sportswear retailer
Sports Direct is in talks to bid for Eastern Outfitters
LLC, the parent of U.S. discount chain Bob's Stores and outdoor
retailer Eastern Mountain Sports, people familiar with the
matter said.
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Sports Direct is in talks to bid for Eastern Outfitters
LLC, the parent of U.S. discount chain Bob's Stores and outdoor
retailer Eastern Mountain Sports, people familiar with the
matter said.
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BRIEF-Finans Finansal Kiralama 2016 net profit up at 58.7 million lira
* FY 2016 net profit of 58.7 million lira ($15.74 million)
versus 51.6 million lira year ago
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versus 51.6 million lira year ago
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VBS Mutual Bank to list on South African bourse
JOHANNESBURG, Feb 2 (Reuters) - VBS Mutual Bank, which made
headlines last year after it gave South African President Jacob
Zuma a loan to reimburse the state for upgrades to his personal
home, plans to list on the Johannesburg Securities Exchange, its
chairman said on Thursday.
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headlines last year after it gave South African President Jacob
Zuma a loan to reimburse the state for upgrades to his personal
home, plans to list on the Johannesburg Securities Exchange, its
chairman said on Thursday.
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BRIEF-Trajano Iberia buys shopping center for 100 mln euros
* Says buys shopping center Alcala Magna, located in Alcala
de Henares (Madrid) for 100 million euros ($108.2 million)
Source text: http://bit.ly/2kVpXUm
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de Henares (Madrid) for 100 million euros ($108.2 million)
Source text: http://bit.ly/2kVpXUm
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MIDEAST STOCKS-Most of Gulf slips, Egypt rebounds from Trump-linked slide
DUBAI, Feb 2 (Reuters) - Most Gulf stock markets were weak
on Thursday but Egypt's bourse rebounded after sliding for three
days partly on concern that U.S. President Donald Trump's
policies could hurt the economy.
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on Thursday but Egypt's bourse rebounded after sliding for three
days partly on concern that U.S. President Donald Trump's
policies could hurt the economy.
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