Skip to main content

Posts

Showing posts from June 17, 2019

AI Credit Rating 8-K - LSB INDUSTRIES INC (0000060714) (Filer) Score: 74

8-K - LSB INDUSTRIES INC (0000060714) (Filer) AI credit rating value 74 Beta DRL value REG 31 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong OCL Factor Code: 1457 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Yum China Holdings, Inc. (0001673358) (Issuer) Score: 75

4 - Yum China Holdings, Inc. (0001673358) (Issuer) AI credit rating value 75 Beta DRL value REG 32 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:47:32 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Audit Factor Code: 4067 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Wat Joey (0001685864) (Reporting) Score: 75

4 - Wat Joey (0001685864) (Reporting) AI credit rating value 75 Beta DRL value REG 37 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Rating Factor Code: 3301 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 6-K - NOMURA HOLDINGS INC (0001163653) (Filer) Score: 76

6-K - NOMURA HOLDINGS INC (0001163653) (Filer) AI credit rating value 76 Beta DRL value REG 33 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Trend Beta Code: 4084 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating DEFA14A - OncoCyte Corp (0001642380) (Filer) Score: 75

DEFA14A - OncoCyte Corp (0001642380) (Filer) AI credit rating value 75 Beta DRL value REG 28 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Profit Factor Code: 2866 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 6-K - HDFC BANK LTD (0001144967) (Filer) Score: 73

6-K - HDFC BANK LTD (0001144967) (Filer) AI credit rating value 73 Beta DRL value REG 45 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 12:07:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Anomaly Beta Code: 1456 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Debt-To-Income Ratio, Price-to-Earnings Ratio, PEG Ratio, Price-to-Sales Ratio, Dividend Payout Ratio, Return on Assets, Current Ratio, Debt to Equity Ratio, Asset Turnover Ratio, Annual Reports, Analyst Estimates Rating, Earnings, Stock Data, Risk and Credit Reports, Search Volume Trends and Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Latvia-Based Air Baltic Corporation AS Assigned Preliminary 'BB-' Rating; Outlook Stable

Majority government-owned passenger air carrier Air Baltic Corporation AS (Air Baltic) holds a leading position in the Baltic region, with an about 60% market share in Riga Airport, an established presence at Vilnius and Tallinn Airports, and a competitive cost structure. We expect Air Baltic to complete the issuance of approximately €200 million of unsecured international notes in the next 90 days and use the proceeds to repay outstanding debt and strengthen its liquidity position, considering it a transformative event. Given Air Baltic's planned large capital investment in expanding and modernizing its aircraft fleet, the airline has limited room for debt reduction (adjusted gross debt to EBITDA of 7.5x-8.0x in 2019-2020 pro forma the notes' issuance) and its low return on capital, high concentration on one region, and exposure to the highly cyclical airline industry limit its stand-alone credit profile (SACP) to 'b'. We are assigning our preliminary 'BB-'

Insurer If P&C Tier 2 Debt 'BBB-' Rating Put On Watch Positive On Clearer Solvency II Ratio Improvement Timeline

FRANKFURT (S&P Global Ratings) June 18, 2019--S&P Global Ratings today placed its 'BBB-' long-term issue rating on the Tier 2 subordinated debt issued by If P&C Insurance Holding Ltd. (publ) (If P&C Holding; A-/Stable--) on CreditWatch with positive implications. The CreditWatch placement stems from the likely increase in parent conglomerate Sampo's Solvency II ratio over the next few months under plans to distribute an extra dividend in the form of Nordea shares. This means Sampo's stake in Nordea would decrease below 20%. Consequently, within Sampo's Solvency II calculation, its Nordea share would no longer be treated as a consolidated company but as an equity investment, which would lead to at least a full recovery of the Solvency II ratio. Sampo's Solvency II ratio for first-quarter 2019 declined to 126% (130% for the financial conglomerate). This was triggered by Nordea's re-domiciling to Finland, which resulted in the different treat

PUMA Series 2014-2 Class A-R And Class B1-R Notes Assigned Preliminary Ratings

MELBOURNE (S&P Global Ratings) June 18, 2019--S&P Global Ratings today assigned its preliminary ratings to the class A-R and class B1-R residential mortgage-backed securities (RMBS) to be issued by Perpetual Ltd. as trustee for PUMA Series 2014-2 (see list). PUMA Series 2014-2 is a securitization of residential mortgages originated by originators and mortgage brokers appointed by Macquarie Bank Ltd. We have assigned the preliminary ratings following the proposed refinancing of the existing class A and class B1 notes with the new class A-R and class B1-R notes. The preliminary ratings reflect: Our view of the credit risk of the underlying collateral portfolio. As of April 30, 2019, the pool has a current balance of about A$267.5 million and a pool factor of 27.11%. The pool's current weighted-average loan-to-value ratio is 57.8% and the weighted-average seasoning is 6.3 years. All loans in the collateral pool are covered by lenders' mortgage insurance, wh

OnePathLife Ltd. Ratings Affirmed At 'A+' Following Sale To Zurich; Outlook Remains Stable

On May 31, 2019, Zurich completed its acquisition of OPL from ANZ. We are affirming our 'A+' financial strength and issuer credit ratings on OPL based on its strong market position and extremely strong capital position. The ratings on OPL are driven by its 'a+' stand-alone credit profile. The stable outlook on OPL reflects the outlook on Zurich group and our expectation that the group will provide ongoing and extraordinary support, if required. SYDNEY (S&P Global Ratings) June 18, 2019--S&P Global Ratings today said it has affirmed its 'A+' financial strength and issuer credit ratings on OnePath Life Ltd. (OPL). The outlook remains stable. The affirmation follows the completion on May 31, 2019, of Zurich Financial Services Australia Ltd.'s (ZFSA, not rated) acquisition of OPL from Australia and New Zealand Banking Group Ltd. (ANZ; operating companies rated AA-/Negative/A-1+). We are affirming the ratings on OPL as we believe there has not

Snowy Hydro Upgraded To 'A-' On High Likelihood Of Government Support For Snowy 2.0; Outlook Stable

Snowy Hydro Ltd., an Australian federal government-owned integrated energy player, would soon embark on the Snowy 2.0 project, a multiyear, pumped, hydro storage project estimated to cost about A$5.5 billion to A$6 billion when fully escalated. We expect a high likelihood of extraordinary government support for Snowy Hydro during the project execution phase, given the importance of Snowy 2.0 to the government's energy policy and the agreed equity support from the government, subject to the notice to proceed on the main works due in second-quarter 2020. On June 18, 2019, S&P Global Ratings raised the long-term issuer credit rating on Snowy Hydro to 'A-' from 'BBB+'. At the same time, we removed the rating from CreditWatch, where we initially placed it with positive implications on March 5, 2018. We revised downward the stand-alone credit profile on the company to 'bbb-' from 'bbb+' given the likely debt increase to fund Snowy 2.0. The stable o

Japan-Based Nomura Research Institute Placed On CreditWatch Negative After ¥160 Billion Share Repurchase Announcement

Nomura Research Institute announced on June 18 that it will repurchase ¥160 billion of its own shares by the end of July 2019. The repurchase could increase the company's debt materially if implemented as planned, worsening its very sound financial standing. We are placing our 'A' long-term issuer credit rating on Nomura Research Institute on CreditWatch with negative implications. We intend to resolve CreditWatch placement when the share repurchase is complete and full details of its financing are confirmed; we may lower the rating by one notch if a swift recovery in financial standing is unlikely. TOKYO (S&P Global Ratings) June 18, 2019--S&P Global Ratings today said that it placed its 'A' long-term issuer credit rating on Japan-based consulting and IT service company Nomura Research Institute Ltd. (NRI) with negative implications. One or more of the credit ratings referenced within this article was assigned by deviating from S&P Global Ratin

AI Credit Rating 4 - Riddell Alastair (0001681349) (Reporting) Score: 76

4 - Riddell Alastair (0001681349) (Reporting) AI credit rating value 76 Beta DRL value REG 31 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Penetration Beta Code: 3327 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Energous Corp (0001575793) (Issuer) Score: 75

4 - Energous Corp (0001575793) (Issuer) AI credit rating value 75 Beta DRL value REG 34 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Profit Factor Code: 4210 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4/A - Morgan Scott (0001753413) (Reporting) Score: 78

4/A - Morgan Scott (0001753413) (Reporting) AI credit rating value 78 Beta DRL value REG 28 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate FS Factor Code: 2185 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Blue Apron Holdings, Inc. (0001701114) (Issuer) Score: 77

4 - Blue Apron Holdings, Inc. (0001701114) (Issuer) AI credit rating value 77 Beta DRL value REG 22 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Volume Beta Code: 3670 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - WEAVER LANCE L (0001234561) (Reporting) Score: 78

4 - WEAVER LANCE L (0001234561) (Reporting) AI credit rating value 78 Beta DRL value REG 16 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Anomaly Factor Code: 4746 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - CONCERT PHARMACEUTICALS, INC. (0001367920) (Issuer) Score: 77

4 - CONCERT PHARMACEUTICALS, INC. (0001367920) (Issuer) AI credit rating value 77 Beta DRL value REG 36 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 03:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Rating Beta Code: 1755 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Conway Craig (0001340922) (Reporting) Score: 74

4 - Conway Craig (0001340922) (Reporting) AI credit rating value 74 Beta DRL value REG 31 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Expectation Factor Code: 1551 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - PRA GROUP INC (0001185348) (Issuer) Score: 73

4 - PRA GROUP INC (0001185348) (Issuer) AI credit rating value 73 Beta DRL value REG 21 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate RRS Factor Code: 1381 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Salzberg Matthew B (0001710351) (Reporting) Score: 72

4 - Salzberg Matthew B (0001710351) (Reporting) AI credit rating value 72 Beta DRL value REG 33 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Speculation Factor Code: 1672 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Avinger Inc (0001506928) (Issuer) Score: 77

4 - Avinger Inc (0001506928) (Issuer) AI credit rating value 77 Beta DRL value REG 25 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate RRS Beta Code: 2453 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating NRSRO-UPD - Japan Credit Rating Agency, Ltd. (0000873292) (Filer) Score: 77

NRSRO-UPD - Japan Credit Rating Agency, Ltd. (0000873292) (Filer) AI credit rating value 77 Beta DRL value REG 47 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Expectation Factor Code: 2606 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Grubbs William J (0001343670) (Reporting) Score: 77

4 - Grubbs William J (0001343670) (Reporting) AI credit rating value 77 Beta DRL value REG 45 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 02:07:32 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Price Beta Code: 2337 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Cyprus Nick (0001291923) (Reporting) Score: 73

4 - Cyprus Nick (0001291923) (Reporting) AI credit rating value 73 Beta DRL value REG 24 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Trend Beta Code: 1213 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Barrett Gregory A (0001533823) (Reporting) Score: 78

4 - Barrett Gregory A (0001533823) (Reporting) AI credit rating value 78 Beta DRL value REG 23 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Speculation Beta Code: 4274 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 3 - Berini Stephen Joseph (0001779898) (Reporting) Score: 77

3 - Berini Stephen Joseph (0001779898) (Reporting) AI credit rating value 77 Beta DRL value REG 42 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Rating Factor Code: 3669 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - BROCK WILLIAM E (0001187616) (Reporting) Score: 75

4 - BROCK WILLIAM E (0001187616) (Reporting) AI credit rating value 75 Beta DRL value REG 35 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak FS Factor Code: 4373 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Baack Sara (0001557144) (Reporting) Score: 72

4 - Baack Sara (0001557144) (Reporting) AI credit rating value 72 Beta DRL value REG 39 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Expectation Factor Code: 2939 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Lee Esther (0001585015) (Reporting) Score: 73

4 - Lee Esther (0001585015) (Reporting) AI credit rating value 73 Beta DRL value REG 31 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 01:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak RRS Factor Code: 1601 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Herzog David L (0001331793) (Reporting) Score: 76

4 - Herzog David L (0001331793) (Reporting) AI credit rating value 76 Beta DRL value REG 13 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:57:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Speculation Beta Code: 2475 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Various Rating Actions Taken On 143 Classes From 35 U.S. RMBS Transactions

We reviewed 143 ratings from 35 U.S. RMBS transactions issued between 1998 and 2006. These transactions are backed by subprime, Alternative-A, and negative amortization collateral. Of the 143 ratings, we raised 22, lowered 36, affirmed 84, and discontinued one. CENTENNIAL (S&P Global Ratings) June 17, 2019--S&P Global Ratings today completed its review of 143 classes from 35 U.S. residential mortgage-backed securities (RMBS) transactions issued between 1998 and 2006. All of these transactions are backed by subprime, Alternative-A, and negative amortization collateral. The review yielded 22 upgrades, 36 downgrades, 84 affirmations, and one discontinuance. Analytical Considerations We incorporate various considerations into our decisions to raise, lower, or affirm ratings when reviewing the indicative ratings suggested by our projected cash flows. These considerations are based on transaction-specific performance or structural characteristics (or both) and their potentia

Jack in the Box Funding LLC’s Series 2019-1 Notes Assigned Preliminary Ratings

Jack in the Box Funding LLC's series 2019-1 issuance is backed by franchise royalty and license payments, securitization intellectual property, other licensing payments, franchisee lease payments, and certain fee-owned properties, among other things. We assigned our preliminary ratings to the class A-1, A-2-I, A-2-II, and A-2-III notes. The preliminary ratings reflect our view of the transaction's structure, projected cash flows, and strength of the Jack in the Box brand, among other factors. NEW YORK (S&P Global Ratings) June 17, 2019--S&P Global Ratings today assigned its preliminary ratings to Jack in the Box Funding LLC's senior secured notes series 2019-1 (see list). The note issuance is an asset-backed securities transaction backed by existing and future franchise royalty and license payments, securitization intellectual property, other licensing payments, franchisee lease payments, and certain fee-owned properties, among other things. The

AI Credit Rating 4 - Jarrett Jennifer (0001671311) (Reporting) Score: 71

4 - Jarrett Jennifer (0001671311) (Reporting) AI credit rating value 71 Beta DRL value REG 15 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Demand Beta Code: 4741 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Davis Timothy E JR (0001492082) (Reporting) Score: 76

4 - Davis Timothy E JR (0001492082) (Reporting) AI credit rating value 76 Beta DRL value REG 17 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Price Factor Code: 4606 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Shak Steven (0001337334) (Reporting) Score: 75

4 - Shak Steven (0001337334) (Reporting) AI credit rating value 75 Beta DRL value REG 45 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Volume Beta Code: 4350 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Schindermann Rubin (0001635896) (Reporting) Score: 74

4 - Schindermann Rubin (0001635896) (Reporting) AI credit rating value 74 Beta DRL value REG 45 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Demand Beta Code: 4614 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Henry Kathryn (0001666434) (Reporting) Score: 71

4 - Henry Kathryn (0001666434) (Reporting) AI credit rating value 71 Beta DRL value REG 38 Rational Demand Factor LD 3211.95 AI check at Tue Jun 18 2019 00:07:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong FS Beta Code: 4988 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - lululemon athletica inc. (0001397187) (Issuer) Score: 75

4 - lululemon athletica inc. (0001397187) (Issuer) AI credit rating value 75 Beta DRL value REG 14 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Profit Beta Code: 1272 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Biglari Holdings Inc. (0001726173) (Issuer) Score: 77

4 - Biglari Holdings Inc. (0001726173) (Issuer) AI credit rating value 77 Beta DRL value REG 27 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Anomaly Beta Code: 2115 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - PORTOLA PHARMACEUTICALS INC (0001269021) (Issuer) Score: 75

4 - PORTOLA PHARMACEUTICALS INC (0001269021) (Issuer) AI credit rating value 75 Beta DRL value REG 18 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:37:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Profit Beta Code: 4526 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - JOHNSON JOHN (0001410781) (Reporting) Score: 78

4 - JOHNSON JOHN (0001410781) (Reporting) AI credit rating value 78 Beta DRL value REG 34 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Sustainability Beta Code: 3138 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Unified Government of Wyandotte County/Kansas City, KS Utility Revenue Bond Rating Lowered To 'A'

CENTENNIAL (S&P Global Ratings) June 17, 2019--S&P Global Ratings lowered its long-term rating and underlying rating (SPUR) to 'A' from 'A+' on the Unified Government of Wyandotte County/Kansas City, Kan.'s Board of Public Utilities' (BPU, or the utility) combined system revenue bonds. The outlook is stable. The rating action reflects the application of our criteria "U.S. Municipal Retail Electric And Gas Utilities: Methodology And Assumptions," published Sept. 27, 2018 on RatingsDirect. "The rating reflects our opinion of BPU's strong enterprise risk and financial risk profiles," said S&P Global Ratings credit analyst Timothy Meernik. "The strong enterprise risk profile reflects our view of a diverse electricity supply portfolio, ample water supply and treatment, and a management team that sets financial targets, while the strong financial risk profile primarily reflects our view of robust fixed-charge coverage,&quo

AI Credit Rating 424B2 - Morgan Stanley Finance LLC (0001666268) (Filer) Score: 71

424B2 - Morgan Stanley Finance LLC (0001666268) (Filer) AI credit rating value 71 Beta DRL value REG 17 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:17:34 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Speculation Beta Code: 2886 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Iterum Therapeutics plc (0001659323) (Issuer) Score: 77

4 - Iterum Therapeutics plc (0001659323) (Issuer) AI credit rating value 77 Beta DRL value REG 13 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 23:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Moderate Profit Beta Code: 1063 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - Turtle Beach Corp (0001493761) (Issuer) Score: 78

4 - Turtle Beach Corp (0001493761) (Issuer) AI credit rating value 78 Beta DRL value REG 27 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 22:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Price Beta Code: 1006 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 4 - RAFAEL BETSY (0001255995) (Reporting) Score: 73

4 - RAFAEL BETSY (0001255995) (Reporting) AI credit rating value 73 Beta DRL value REG 30 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 22:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak Demand Factor Code: 3256 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Viking Cruises Ltd. Ratings Raised To 'B+' On Continued EBITDA Growth And Reduced Leverage; Outlook Stable

We believe Woodland Hills, Calif.-based cruise operator Viking Cruises Ltd.'s strong forward booking trends will translate into continued solid EBITDA growth that will offset incremental debt for new ship deliveries and lead to adjusted leverage sustained around 4x through 2020. We are raising our issuer credit rating to 'B+' from 'B'. We are also raising all issue-level ratings one notch in conjunction with the upgrade. The stable outlook reflects our forecast for EBITDA growth to offset additional debt, incurred to fund new ship deliveries, and for adjusted leverage to remain around 4x through 2020. NEW YORK (S&P Global Ratings) June 17, 2019—S&P Global Ratings today took the rating actions listed above. The upgrade reflects our expectation for adjusted leverage to be sustained around 4x through 2020, well below our 6x leverage threshold for Viking at the 'B+' rating level. We believe cushion of around 2x relative to our leverage threshold i

Road District No. 1 of the Parish of St. Landry, LA Sales And Use Tax Bond Rating Lowered To 'BBB' From 'A'

CENTENNIAL (S&P Global Ratings) June 17, 2019--S&P Global Ratings lowered its underlying rating (SPUR) to 'BBB' from 'A-' on Road District No. 1 of the Parish of St. Landry, La.'s sales and use tax bonds. The outlook is stable. The rating action reflects the application of our priority-lien tax revenue debt criteria, published Oct. 22, 2018 on RatingsDirect, which factors in both the strength and stability of the pledged revenue as well as the general credit quality of the municipality where taxes are distributed and/or collected (the creditworthiness of the obligor--in this case, St. Landry Parish). "The 'BBB' rating reflects our view of the district's weak economy and coverage, and moderate-to-low revenue volatility," said S&P Global Ratings credit analyst Katelyn Kerley. The stable outlook reflects our expectation that collections will continue to cover MADS by at least 1x.

AI Credit Rating 4 - Hagen Heidi (0001585084) (Reporting) Score: 78

4 - Hagen Heidi (0001585084) (Reporting) AI credit rating value 78 Beta DRL value REG 31 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 22:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Speculation Beta Code: 1051 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 25-NSE - MTech Acquisition Corp (0001719893) (Subject) Score: 76

25-NSE - MTech Acquisition Corp (0001719893) (Subject) AI credit rating value 76 Beta DRL value REG 48 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 22:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Strong Audit Factor Code: 4098 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

AI Credit Rating 8-K - THOR INDUSTRIES INC (0000730263) (Filer) Score: 71

8-K - THOR INDUSTRIES INC (0000730263) (Filer) AI credit rating value 71 Beta DRL value REG 40 Rational Demand Factor LD 3211.95 AI check at Mon Jun 17 2019 22:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: Weak OCL Beta Code: 3311 Rating AI Process rely on primary sources of information: Sec Filings, Stock Data, Risk and Credit Reports, Search Volume Trends, Price Forecast Data. Take a look at Machine Learning section for Financial Deep Reinforcement Learning.

Brookfield WEC Holdings Inc. 'B' First-Lien Term Loan Rating Affirmed On Announced $325 Million Add-On

NEW YORK (S&P Global Ratings) June 17, 2019--S&P Global Ratings today affirmed its 'B' issue-level rating and '3' recovery rating (50% rounded estimate) on Brookfield WEC Holdings Inc.'s first-lien term loan due 2025, which includes the incremental $325 million add-on. The company will use proceeds to refinance the existing second-lien term loan. The issuer credit rating on Brookfield WEC remains 'B', reflecting its limited scope of operations within the nuclear energy sector, limited scope and diversity compared to larger capital goods peers, risk of disruption from other energy sources, public questioning of nuclear energy in the wake of conspicuous accidents, high but improving operating costs, and high leverage. The ratings also incorporate our assessment of the steady growth in global energy consumption, the company's strong market positions, its technology leadership position, high barriers to entry, and good cash flow generation. ISSU

Various Rating Actions Taken On FREMF 2012-K22 Mortgage Trust And Freddie Mac SPC Series K-022

We reviewed our ratings on FREMF 2012-K22 Mortgage Trust and Freddie Mac Structured Pass-Through Certificates Series K-022, two U.S. CMBS transactions. We raised our ratings on two classes and affirmed our 'AAA (sf)' ratings on four other classes from the FREMF 2012-K22 transaction, and affirmed our 'AAA (sf)' ratings on three classes from the Freddie Mac K-022 transaction. These rating actions reflect our analysis of both transactions, which included a review of the credit characteristics and performance of the remaining loans in the pool, the transaction's structure, and the liquidity available to the trust. NEW YORK (S&P Global Ratings) June 17, 2019--S&P Global Ratings today raised its ratings on two classes of multifamily mortgage pass-through certificates from FREMF 2012-K22 Mortgage Trust (FREMF 2012-K22), a U.S. commercial mortgage-backed securities (CMBS) transaction. In addition, we affirmed our 'AAA (sf)' ratings on four