S&P Rates Toyota Finance NZ NZ$200 Million MTN Program 'AAA'
May 17, 1999
Standard & Poor's today assigned its 'AAA' rating to the NZ$200 million medium-term note program of Toyota Finance New Zealand Ltd., which is guaranteed by Toyota Motor Finance (Netherlands) B.V. ... Continue reading
Paul H. Campbell Joins Hutchinson FTS as CEO
May 14, 1999
Paul H. Campbell, 39, has been appointed Chief Executive Officer of Hutchinson FTS, Inc., with full responsibility for all of its North American operations ... Continue reading
National Auto Credit, Inc. Receives Commitment of Investor
May 13, 1999
National Auto Credit, Inc. announced that it acquired an option to purchase 2,849,630 shares of National Auto Credit common stock beneficially owned by Ernest C. Garcia II. ... Continue reading
S&P Rates Venture Holdings Debt, Ratings Also Off Watch
May 13, 1999
Standard & Poor's affirmed its single-'B'-plus corporate credit rating and single-'B'-minus subordinated debt rating on Venture Holdings Trust. ... Continue reading
LSB Industries, Inc. Announces Credit Line Agreement for Automotive Business
May 12, 1999
LSB Industries, Inc. announced that its Automotive Business, L&S Automotive Products Co., has signed an agreement with a lender for an $18.5 million line of credit to finance its working capital requirements. ... Continue reading
A Vehicle Lease or Purchase Program for Clients With Impaired Credit
May 10, 1999
London Financial Services, a North Carolina-based financial marketing firm, is announcing an exciting program for professionals and companies that have less than perfect credit. ... Continue reading
BancBoston Robertson Stephens Reiterates Buy Rating on HDI
May 10, 1999
BancBoston Robertson Stephens senior consumer products analyst Cynthia Hope Hatstadt reiterated her Buy rating on Harley Davidson, Inc. ... Continue reading
SWIFT V $750 Million Float Rate Asset-Backed Term Notes Expect AAA
May 10, 1999
The $750,000,000 floating-rate asset-backed term notes, series 1999-A (the notes) issued by Superior Wholesale Inventory Financing Trust V are expected to be rated `AAA' by Fitch IBCA. ... Continue reading
DCR Rates Superior Wholesale Inventory Financing Trust V
May 7, 1999
Duff & Phelps Credit Rating Co. (DCR) has assigned a preliminary 'AAA' (Triple-A) rating to the $750 million floating-rate asset-backed term notes, Series 1999-A issued by Superior Wholesale Inventory Financing Trust V (SWIFT V). ... Continue reading
Ford Credit Acquires Thailand Finance Company
May 6, 1999
Ford Credit International, a subsidiary of Ford Credit, has announced its acquisition of Sahasin Finance Company, Ltd. of Bangkok. ... Continue reading
National Auto Credit, Inc. Year-end Update
May 4, 1999
National Auto Credit, Inc. announced that its annual report on Form 10-K for the fiscal year ended Jan 31, 1999 would not be available within the prescribed time period because its financial statements and the external audit thereon have not yet been completed. ... Continue reading
DCR Rates $250 Million Rental Car Finance Corp.
May 3, 1999
Duff & Phelps Credit Rating Co. (DCR) has assigned a 'AAA' rating to the Class A notes, 'AA' rating to the Class B notes, 'A' to the Class C notes, and 'BBB' to the Class D notes issued by Rental Car Finance Corp. ... Continue reading
DCR Assigns Ratings to Premier Auto Trust 1999-2
Apr 29, 1999
Duff & Phelps Credit Rating Co. (DCR) has assigned the following preliminary ratings to the notes issued by Premier Auto Trust 1999-2: ... Continue reading
Credit Acceptance Corporation Announces Court Ruling
Apr 28, 1999
Credit Acceptance announced that the US District Court has granted the motion of the Company and certain of its present and former officers and directors to dismiss the previously reported putative consolidated class action complaint. ... Continue reading
National Auto Credit, Inc. Questions Propriety of Investor Effort
Apr 23, 1999
National Auto Credit, Inc. announced that it had responded to an attempt by an investor group to join the Company's Board of Directors and obtain more information regarding the Company's financial condition, operations and prospects. ... Continue reading
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