Latest Credit Consolidation News

'Further Concerns' On Scotiabank Downsizing
#Scotiabank (Bahamas) imminent restructuring was yesterday causing “further concerns” for unemployment and the commercial banking industry, amid suggestions the institution was reviewing the future of up to eight branches. #The bank's top executives …
Read more on Bahamas Tribune

Fitch Affirms TransAlta's IDR at 'BBB-'; Outlook Stable
Going forward, Fitch will use proportional consolidation to reflect increased subordination of TransAlta's cash flows to that of TRI's debt holders and equity investors. Currently, Fitch's ratings are based on fully consolidated financial statements …
Read more on MarketWatch

Postmedia Network Corp's purchase of Sun Media Corp will improve company's
At a conference in February, Postmedia executives said the ratio of debt to earnings before interest, taxes, depreciation and amortization (EBITDA) is expected to be reduced to around 3.5 times from 4.9 times. Even at the new level, the debt ratio …
Read more on Financial Post

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