S&P Assigns Rtgs to Bay View 1999-LG-1 Auto Certs
Dec 17, 1999
Standard & Poor's assigned its ratings to Bay View 1999-LG-1 Auto Trust's automobile receivable-backed certificates (see list). ... Continue reading
Credit Acceptance Announces Completion of $50M Secured Financing
Dec 16, 1999
Credit Acceptance Corporation announced the completion of a $50 million non-recourse secured financing. ... Continue reading
National Auto Credit Announces Financial Results for Fiscal 2000 Second Quarter
Dec 16, 1999
National Auto Credit, Inc. announced financial results for its fiscal year 2000 second quarter ended July 31, 1999. ... Continue reading
DCR Lowers Phelps Dodge's Debt Ratings
Dec 9, 1999
Duff & Phelps Credit Rating Co. (DCR) has lowered the senior unsecured debt and commercial paper ratings of Phelps Dodge Corporation. ... Continue reading
Capital Automotive Declares Fourth Quarter 1999 Dividend of $0.36
Dec 6, 1999
Capital Automotive, the nation's leading specialty finance company for automotive retail real estate, today announced that its Board of Trustees has declared a quarterly cash dividend of $0.36 per share for the fourth quarter ending December 31, 1999 ... Continue reading
S&P Assigns Motorists Mutual Insurance Co. 'Api' Rtg
Dec 4, 1999
Standard & Poor's assigned its single-'Api' financial strength rating to Motorists Mutual Insurance Co. ... Continue reading
S&P Cuts Ratings on Old Republic Life Insurance Group
Dec 1, 1999
Standard & Poor's lowered its counterparty credit and financial strength ratings on the members of the Old Republic Life Insurance Group (the Group) to single-'A' from single-'A'-plus. The outlook has been revised to negative from stable. ... Continue reading
S&P Assigns Federated National Ins. Co. 'BBpi' Rtg
Nov 25, 1999
Standard & Poor's assigned its double-'Bpi' financial strength rating to Federated National Insurance Co. ... Continue reading
S&P Rates WFS Financial 1999-C Owner Trust 'AAA'
Nov 16, 1999
Standard & Poor's assigned its triple-'A' rating to WFS Financial 1999-C Owner Trust's US$447.5 million auto receivable- backed notes and US$52.5 million auto receivable-backed certificates (see list). ... Continue reading
S&P: 'AAA' to Oscar Funding V Auto Loan-Backed Notes
Nov 10, 1999
Standard & Poor's assigned its triple-'A' ratings to OSCAR Funding Corp. V's (Oscar V) US$200 million floating-rate notes and Euro130 million floating-rate notes. ... Continue reading
DCR to Rate Ryder Vehicle Lease Trust 1999-A Asset-Backed Notes
Nov 9, 1999
Duff & Phelps Credit Rating Co. (DCR) expects to assign the following ratings to the asset-backed notes to be issued by Ryder Vehicle Lease Trust 1999-A: ... Continue reading
S&P Asgns Rtg to General American Railcar Corp. III
Oct 25, 1999
Standard and Poor's assigned its double-'A' rating to General American Railcar Corp. III 1999-1 Pass-Through Trust's 7.76% pass-through certificates, series 1999-1. ... Continue reading
Credit Acceptance Corp. Reports Third Quarter Results
Oct 22, 1999
Credit Acceptance Corp. announces a consolidated net loss for the quarter ended Sept. 30, 1999 of ($33,641,000) or (73 cents) per share compared to net income of $5,611,000 or 12 cents per diluted share for the same period in 1998. ... Continue reading
Credit Acceptance Corp. Reports Third Quarter Results
Oct 22, 1999
Credit Acceptance Corp. announced a consolidated net loss for the quarter ended Sept. 30, 1999 of ($33,641,000) or (73 cents) per share compared to net income of $5,611,000 or 12 cents per diluted share for the same period in 1998. ... Continue reading
Securities and Exchange Commission Issues Subpoenas to National Auto Credit
Oct 12, 1999
National Auto Credit, Inc. said that the Securities and Exchange Commission (SEC) recently issued them subpoenas. ... Continue reading
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