Hints and tips:
...Brooge replaced PwC with UAE-based accountancy firm Affiniax AAS Auditors....
...Fitch is the latest rating agency to strip the US of its triple A rating, downgrading it to a more humdrum AA+....
...I also attended AA meetings and worked my way through the 12 steps....
...Fitch busted the US’s sovereign debt rating down from AAA, the highest, by one notch to AA+....
...Even the hysteria surrounding S&P’s infamous actual downgrade to AA in 2011 — for an example watch this interview with the rating agency’s David Beers — was quickly proven to be comically overdone....
...Meanwhile “the interest-to-revenue ratio is expected to reach 10 per cent by 2025 (compared to 2.8 per cent for the ‘AA’ median and 1 per cent for the ‘AAA’ median”) and the “debt-to-GDP ratio is projected...
...The agency moved the eurozone’s second-largest economy down one notch to AA- with a stable outlook late on Friday night over concerns that social unrest and political paralysis following the pensions fight...
...based on countries progressing in “autopilot mode”, suggests these demographic shifts will leave nearly half of all rated sovereigns as speculative grade — although it’s the projected collapse of AAA and AA...
...The rating agency maintained the UK’s AA- investment grade but warned that the outlook was now negative rather than stable, mirroring the action taken last week by its peer S&P....
...The deal will allow UTA to tap into Curtis Brown’s deep well of literary talent, which includes writers such as The Handmaid’s Tale author Margaret Atwood and the estates of Ian Fleming, John le Carré, AA...
...But Britain’s major motoring organisations, the RAC and the AA, welcomed the changes, noting that cycling had increased in the pandemic....
...In November 2020, MSCI downgraded P&G’s ESG rating to A from AA. Peltz started on the company’s board in 2018....
...Drop us a line and join the conversation: Due.Diligence@FT.com AA: did private equity cause a breakdown?...
...American Airlines, for example, sold to Goldman Sachs notes secured against the “aa.com” URL and “American Airlines” trademark....
...Without the crown that transformed the British police into a sort of personal AA at Mountbatten’s service, the old 420 may not be invisible to speed cameras and capable of stopping traffic....
...One measure of the size of that iceberg: the AA paid £128m in interest last year, two-thirds of its entire market cap....
...One scoop to start: The AA, the heavily-indebted UK roadside recovery group, has agreed terms of a sale to two private equity groups, Warburg Pincus and TowerBrook....
...Fitch has downgraded the UK’s credit rating to AA- from AA, citing the budget impact of the coronavirus pandemic and continued uncertainty over Brexit....
...AA’s website lists over 250 online meetings a day in New York City alone....
...So he referred himself to the Priory’s 28-day residential programme and took part in AA sessions online at the same time. “It can be a bit easier for a newcomer, you can log on and listen....
...Worth, Texas, airline on Thursday said it had reached a deal with the merchant banking division of Goldman Sachs for $1bn in senior notes, secured by a first lien on the “American Airlines” trademark and “aa.com...
...Moody’s rates the UK as Aa2 with a stable outlook as of September 2017, and S&P rates the UK as AA negative as of June 2016....
...Big Oil median of 38%) suggested further work was needed to defend the AA tier....
...See Appendix AA....
International Edition