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Showing posts from June 21, 2019

San Juan Regional Medical Center, NM Ratings Lowered To 'BBB+' On Weak Reserves; Outlook Negative

CENTENNIAL (S&P Global Ratings) June 21, 2019--S&P Global Ratings lowered to 'BBB+' from 'A-' its long-term rating on Farmington, N.M.'s series 2007A and 2007B bonds, issued for San Juan Regional Medical Center (SJRMC), and its issuer credit rating (ICR) on SJRMC. The outlook is negative. The ICR reflects our opinion of the issuer's overall capacity and willingness to meet its financial obligations and is not specific to any debt instrument. "The rating action reflects our view of SJRMC's deep operating losses in interim 2019 that have also caused a precipitous drop in unrestricted reserves," said S&P Global Ratings credit analyst Ashley Henry. The negative outlook reflects our view of the above.

Lesley University, MA's Series 2019A And 2019B Bonds Assigned 'A-' Rating

SAN FRANCISCO (S&P Global Ratings) June 21, 2019--S&P Global Ratings assigned its 'A-' long-term rating to Massachusetts Development Finance Agency's series 2019A and 2019B bonds issued on behalf of Lesley University. At the same time, S&P Global Ratings affirmed its 'A-' long-term rating and underlying rating (SPUR) on the currently outstanding Massachusetts Development Finance Agency's tax-exempt and taxable revenue bonds, also issued for Lesley University. The outlook is stable. We assessed Lesley University's enterprise profile as strong, with improving enrollment, a sound market position, and improving student quality. Lesley University's financial profile is also strong and reflects, solid financial resources, an improved pro forma maximum annual debt service burden, and average debt and contingent liability position. When combined, the profiles lead to an initial indicative stand-alone credit profile rating of 'a'. As our cr

AI Credit Rating 4 - Lindeman Bruce John (0001649692) (Reporting) Score: 74

4 - Lindeman Bruce John (0001649692) (Reporting) AI credit rating value 74 Beta DRL value REG 44 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 04:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) RRS Factor Code: 1474 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Kaiden Robert (0001644368) (Reporting) Score: 76

4 - Kaiden Robert (0001644368) (Reporting) AI credit rating value 76 Beta DRL value REG 19 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 03:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Penetration Beta Code: 2025 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Scott John K Jr. (0001753763) (Reporting) Score: 75

4 - Scott John K Jr. (0001753763) (Reporting) AI credit rating value 75 Beta DRL value REG 22 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 02:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Profit Beta Code: 2383 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - COHEN RAYMOND W (0001258288) (Reporting) Score: 71

4 - COHEN RAYMOND W (0001258288) (Reporting) AI credit rating value 71 Beta DRL value REG 42 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 02:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Trend Factor Code: 1007 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Vyas Dolatrai (0001580582) (Reporting) Score: 78

4 - Vyas Dolatrai (0001580582) (Reporting) AI credit rating value 78 Beta DRL value REG 36 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 02:27:45 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) Price Beta Code: 4104 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 3 - AquaMed Technologies, Inc. (0001468929) (Issuer) Score: 71

3 - AquaMed Technologies, Inc. (0001468929) (Issuer) AI credit rating value 71 Beta DRL value REG 33 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 02:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Demand Factor Code: 4418 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Harris Erik (0001780113) (Reporting) Score: 77

4 - Harris Erik (0001780113) (Reporting) AI credit rating value 77 Beta DRL value REG 20 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 02:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Price Beta Code: 4521 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - RAPPAPORT RICHARD (0001283175) (Reporting) Score: 77

4 - RAPPAPORT RICHARD (0001283175) (Reporting) AI credit rating value 77 Beta DRL value REG 30 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:57:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) Demand Beta Code: 4908 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Lu Ruey-Lin (0001394200) (Reporting) Score: 74

4 - Lu Ruey-Lin (0001394200) (Reporting) AI credit rating value 74 Beta DRL value REG 30 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Penetration Factor Code: 1078 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - McDonald Charles B. (0001663130) (Reporting) Score: 72

4 - McDonald Charles B. (0001663130) (Reporting) AI credit rating value 72 Beta DRL value REG 22 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) EMR Beta Code: 1939 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Filler James J (0001097672) (Reporting) Score: 77

4 - Filler James J (0001097672) (Reporting) AI credit rating value 77 Beta DRL value REG 24 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Penetration Beta Code: 4825 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Hunter Jerry James (0001727499) (Reporting) Score: 71

4 - Hunter Jerry James (0001727499) (Reporting) AI credit rating value 71 Beta DRL value REG 15 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:17:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) EMR Beta Code: 2571 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Yara Scott (0001737541) (Reporting) Score: 73

4 - Yara Scott (0001737541) (Reporting) AI credit rating value 73 Beta DRL value REG 31 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 01:07:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) OCL Beta Code: 2081 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Fakhouri Onsi (0001737546) (Reporting) Score: 74

4 - Fakhouri Onsi (0001737546) (Reporting) AI credit rating value 74 Beta DRL value REG 21 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:57:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) Volume Factor Code: 3745 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Waters Kathleen Alyce (0001640409) (Reporting) Score: 74

4 - Waters Kathleen Alyce (0001640409) (Reporting) AI credit rating value 74 Beta DRL value REG 34 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) FS Beta Code: 2905 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Barsamian Sue (0001742302) (Reporting) Score: 76

4 - Barsamian Sue (0001742302) (Reporting) AI credit rating value 76 Beta DRL value REG 22 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) FS Beta Code: 1011 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Hardin John Wesley (0001439359) (Reporting) Score: 77

4 - Hardin John Wesley (0001439359) (Reporting) AI credit rating value 77 Beta DRL value REG 43 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Trend Factor Code: 4242 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Sobers Sean (0001688472) (Reporting) Score: 76

4 - Sobers Sean (0001688472) (Reporting) AI credit rating value 76 Beta DRL value REG 31 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Speculation Factor Code: 2272 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

WWEX Uni Intermediate Holdings LLC First-Lien Term Loan 'B-' Rating Affirmed On $50 Million Add-On

NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings today affirmed its 'B-' issue-level rating on WWEX Uni Intermediate Holdings LLC's proposed $50 million add-on to the senior secured first-lien term loan due in 2025, issued by SMB Shipping Logistics LLC and REP WWEX Blocker LLC. We also affirmed our 'B-' issue-level rating on the revolving credit facility and our 'CCC' issue-level rating on the second-lien term loan due in 2025. This will bring the total first-lien term loan balance to $540.5 million. Our recovery rating remains '3', indicating our expectation that lenders would receive meaningful (50%-70%; rounded estimate: 55%) recovery of their principal in the event of a payment default. The company plans to use the proceeds to pay down its outstanding revolver balance, including associated fees and expenses, and the remainder for continuing its franchise acquisition strategy. We expect credit measures to remain highly leve

AI Credit Rating 4 - STEIN SHELDON I (0001028642) (Reporting) Score: 72

4 - STEIN SHELDON I (0001028642) (Reporting) AI credit rating value 72 Beta DRL value REG 46 Rational Demand Factor LD 3298.3272 AI check at Sat Jun 22 2019 00:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Volume Beta Code: 4223 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Killion Theo (0001316267) (Reporting) Score: 71

4 - Killion Theo (0001316267) (Reporting) AI credit rating value 71 Beta DRL value REG 21 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:57:30 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) FS Factor Code: 4486 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Broadcom Inc. (0001730168) (Issuer) Score: 75

4 - Broadcom Inc. (0001730168) (Issuer) AI credit rating value 75 Beta DRL value REG 19 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) EMR Factor Code: 3130 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - WEHRLE RICHARD J (0001120811) (Reporting) Score: 75

4 - WEHRLE RICHARD J (0001120811) (Reporting) AI credit rating value 75 Beta DRL value REG 13 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Speculation Factor Code: 3211 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Bernard Gordon R (0001470015) (Reporting) Score: 74

4 - Bernard Gordon R (0001470015) (Reporting) AI credit rating value 74 Beta DRL value REG 15 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Demand Beta Code: 1282 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

Abercrombie & Fitch Co. 'BB-' Rating Affirmed On Stable Operating Performance; Outlook Stable

Ohio-based specialty retailer Abercrombie & Fitch Co. (ANF) has stabilized operating performance and we project modest revenue growth over the next 12 months. We are affirming our 'BB-' issuer credit rating on ANF. We are also affirming our 'BB+' issue-level rating on ANF's $400 million ABL facility due in 2022 and 'BB' issue-level rating on the term loan due in Aug. 2021. The '1' and '2' recovery ratings, respectively, are unchanged. The stable outlook reflects our expectation that operating performance will remain positive in 2019, with modest consolidated same-store sales growth driven by continued improvements in customer experience via the company's omnichannel capabilities. NEW YORK (S&P Global Ratings) June 21, 2019—S&P Global Ratings today took the rating actions listed above. Our rating affirmation on Abercrombie & Fitch Co. (ANF) reflects our expectation that operating performance is now stable and will co

AI Credit Rating 4 - Olsson Erik (0001400231) (Reporting) Score: 72

4 - Olsson Erik (0001400231) (Reporting) AI credit rating value 72 Beta DRL value REG 47 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+30) Profit Factor Code: 2600 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

Automatic Data Processing Inc. (ADP) 'AA' Rating Affirmed; Outlook Stable

Roseland, N.J.-based human capital management (HCM) solutions provider Automatic Data Processing Inc. (ADP) is making steady progress on its transformation program and is on track to achieve its fiscal 2021 (June 30) profitability improvement goal. We affirmed our ratings on ADP, including the 'AA' issuer rating and 'A-1+' commercial paper ratings. The outlook is stable. However, ADP's dominant market position within its core employment services business has weakened as pure-play HCM software companies disrupt the existing payroll processing value chain and use new software-as-a-service (SaaS) business models to better serve the needs of some clients. The stable outlook reflects our expectation that ADP will respond quickly enough to the rapidly changing competitive environment, even though it could cannibalize existing product lines or require additional reorganization actions. It assumes ADP will grow consolidated revenues at or above industry grow

AI Credit Rating 8-K - DOCUSIGN, INC. (0001261333) (Filer) Score: 78

8-K - DOCUSIGN, INC. (0001261333) (Filer) AI credit rating value 78 Beta DRL value REG 17 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 23:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Penetration Beta Code: 2730 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 485BPOS - iSHARES TRUST (0001100663) (Filer) Score: 72

485BPOS - iSHARES TRUST (0001100663) (Filer) AI credit rating value 72 Beta DRL value REG 13 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:57:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Expectation Factor Code: 1775 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 424B2 - UBS AG (0001114446) (Filer) Score: 71

424B2 - UBS AG (0001114446) (Filer) AI credit rating value 71 Beta DRL value REG 45 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) RRS Beta Code: 4519 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 - Puche Luisa (0001768468) (Reporting) Score: 73

4 - Puche Luisa (0001768468) (Reporting) AI credit rating value 73 Beta DRL value REG 14 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:37:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Penetration Beta Code: 1995 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

Fulton, NY GO Bond Outlook Revised To Positive From Stable On Improved Operating Results; 2019 GO Bonds 'BBB+' Rated

WASHINGTON D.C. (S&P Global Ratings) June 21, 2019--S&P Global Ratings revised its outlook on the City of Fulton, N.Y.'s general obligation (GO) bonds outstanding to positive from stable. At the same time, S&P Global Ratings affirmed its 'BBB+' rating on the bonds. "The positive outlook reflects a number of steps the city has taken over the past couple of fiscal years to improve its finances, including achieving positive operating results and increased general fund reserves," said S&P Global Ratings credit analyst Timothy Barrett. According to unaudited results, Fulton generated positive operations for fiscal 2018, and we understand the city expects positive operations in fiscal 2019 as well, significantly increasing its financial flexibility. Should the city's improved financial trajectory continue such that budgetary flexibility improves to a level more commensurate with that of higher rated peers, we could see improvement to our assessm

Penn Hills Municipality, PA Bond Rating Outlook Revised To Negative On Reserve Pressure

NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings has revised its outlook to negative from stable and affirmed its 'A+' long-term rating on Penn Hills Municipality, Pa.'s outstanding general obligation (GO) debt. At the same time, we assigned our 'A+' long-term rating to the municipality's series 2019A GO refunding bonds and series 2019B GO federally taxable refunding bonds. The outlook is negative. "The outlook revision reflects our opinion that the municipality's available reserves will continue to be pressured over our two-year outlook period due to recent unexpected costs that arose in 2019," said S&P Global Ratings credit analyst Errol Arne. This comes after Penn Hills had increased its levy in 2019 to generate additional revenues in its general fund, which each year transfers out a material amount to pay for its debt service requirements. It is our opinion that reserves could fall to a level that we would no longe

OCI Partners LP Upgraded To 'BB-' Following Upgrade Of Parent OCI N.V.

On June 21, 2019, S&P Global Ratings raised the issuer credit rating on OCI Partners LP (OCIP) to 'BB-' from 'B+' following the upgrade of parent OCI N.V. (OCI) to 'BB'. We continue to view OCI Partners LP as part of the OCI group and believe credit quality at OCIP benefits from this association. At the same time, we raised the issue-level rating on the company's senior secured debt to 'BB+'. The '1' recovery rating indicates our expectation for very high recovery (90% to 100%; rounded estimate: 90%) in a payment default. The stable rating outlook on OCIP reflects our expectation that, on a stand-alone basis, FFO to total debt will average about 25% to 30%, after we continue to consider high volatility in debt-leverage metrics. NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings today took the rating actions listed above. Following strengthening operating performance, we raised our rating on OCI N.V. and accordi

AI Credit Rating 497K - AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) (0001112996) (Filer) Score: 75

497K - AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) (0001112996) (Filer) AI credit rating value 75 Beta DRL value REG 39 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:27:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) RRS Beta Code: 2744 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 424B5 - HCP, INC. (0000765880) (Filer) Score: 78

424B5 - HCP, INC. (0000765880) (Filer) AI credit rating value 78 Beta DRL value REG 42 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:17:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) FS Beta Code: 3655 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 497 - AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) (0000909466) (Filer) Score: 77

497 - AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS) (0000909466) (Filer) AI credit rating value 77 Beta DRL value REG 31 Rational Demand Factor LD 3298.3272 AI check at Fri Jun 21 2019 22:07:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Expectation Factor Code: 1594 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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 MA-I/A - FTN Financial Municipal Advisors (0001689151) (Filer) Score: 73

MA-I/A - FTN Financial Municipal Advisors (0001689151) (Filer) AI credit rating value 73 Beta DRL value REG 41 Rational Demand Factor LD 3298.1508 AI check at Fri Jun 21 2019 21:57:32 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Volume Beta Code: 4724 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

DPL Inc. And Subsidiary Dayton Power & Light Outlooks Revised To Negative On Elevated Regulatory Risk, Ratings Affirmed

The Supreme Court of Ohio (SCO) has remanded portions of the distribution modernization rider (DMR) for utilities owned by First Energy Corp. (FE). This included the SCO ordering the Public Utilities Commission of Ohio (PUCO) to remove the DMR revenue from the affected utilities owned by FE. The FE court ruling increases uncertainty around Dayton Power and Light Co.'s (DP&L) use of the DMR, including the risk that the future DMR used by DP&L could be changed, reinterpreted, or delayed, all of which would heighten the company's regulatory risk. We are revising our outlook on DPL Inc. (DPL) and its rated subsidiary DP&L to negative from stable and are affirming our ratings on the companies. The negative outlook reflects the heightened regulatory risk for DPL concerning its future use of the DMR, which the company materially relies on to sustain its credit quality. NEW YORK (S&P Global Ratings) June 21, 2019—S&P Global Ratings today took the above listed

AI Credit Rating 4 - Sims Andrew (0001304020) (Reporting) Score: 72

4 - Sims Andrew (0001304020) (Reporting) AI credit rating value 72 Beta DRL value REG 48 Rational Demand Factor LD 3292.065 AI check at Fri Jun 21 2019 21:47:31 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+1) Speculation Factor Code: 1042 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

Concentra Inc. Outlook Revised To Stable From Negative On Better-Than-Expected Performance; 'B+' Rating Affirmed

Dallas, Texas-based occupational health services provider Concentra Inc. has performed slightly better than our expectations following its February 2018 acquisition of U.S. HealthWorks, and we expect further improvement this year. Adjusted 2018 leverage was 5.4x and we anticipate improvement to 4.7x at the end of 2019. We are affirming our 'B+' issuer credit rating on Concentra Inc. and revising our outlook to stable from negative. The stable outlook reflects our view that Concentra's growth rate, inclusive of small tuck-in acquisitions and de novos, will be slightly better than the industry average, with improving EBITDA margins and discretionary cash flow generation of about $90 million. NEW YORK (S&P Global Ratings) June 21, 2019—S&P Global Ratings today took the rating actions listed above. Our outlook revision reflects Concentra's improved credit measures and our expectation that it will achieve and maintain leverage below 5x by the end of 2019 and g

AI Credit Rating D/A - Blackstone / GSO Secured Trust Feeder LP (0001498635) (Filer) Score: 76

D/A - Blackstone / GSO Secured Trust Feeder LP (0001498635) (Filer) AI credit rating value 76 Beta DRL value REG 18 Rational Demand Factor LD 3293.7702 AI check at Fri Jun 21 2019 21:37:32 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Sustainability Beta Code: 3184 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

Golub Capital Partners CLO 44(M) Ltd. Notes Assigned Ratings

Golub Capital Partners CLO 44(M) Ltd.'s issuance is a CLO transaction backed by middle-market speculative-grade senior secured term loans. We assigned our ratings to the class A-1 loans and the class A-1, A-2-A, A-2-B, B, C, and D notes. The ratings reflect our view of the transaction's diversified collateral pool, credit enhancement, pool characteristics, and legal structure, among other factors. CENTENNIAL (S&P Global Ratings) June 21, 2019--S&P Global Ratings today assigned its ratings to Golub Capital Partners CLO 44(M) Ltd.'s fixed- and floating-rate notes and loans (see list). The note issuance is a collateralized loan obligation (CLO) transaction backed by middle-market speculative-grade (rated 'BB+' and lower) senior secured term loans managed by GC Investment Management LLC. The ratings reflect: The diversified collateral pool. The credit enhancement provided through the subordination of cash flows, excess spread, and overcolla

AI Credit Rating 4 - ANDERSON KERRII B (0001227159) (Reporting) Score: 72

4 - ANDERSON KERRII B (0001227159) (Reporting) AI credit rating value 72 Beta DRL value REG 27 Rational Demand Factor LD 3294.8286000000003 AI check at Fri Jun 21 2019 21:27:32 GMT+0200 (EET) by AC Investment Inc. AI Terminal Reason: (n+7) Demand Factor Code: 3006 Rating AI Process rely on primary sources of information: Sec Filings, Financial Statements, Return on Revenue, EBITDA Margin, 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.

East Bloomfield Fire District, NY 2013 GO Bond Rating Withdrawn On Uncertainty Of District's Financial Position

BOSTON (S&P Global Ratings) June 21, 2019--S&P Global Ratings has withdrawn its 'A' rating on East Bloomfield Fire District, N.Y.'s series 2016 general obligation (GO) bonds. At the same time, S&P Global Ratings removed the rating from CreditWatch, where it was placed with negative implications March 29, 2019. We have withdrawn our rating on the district's GO bonds due to a lack of timely information of satisfactory quality and policies. We do not have the district's 2017 audit report. We consider this financial information necessary to maintain the rating because we believe there is uncertainty regarding the district's financial position. We think the potential effect of these uncertainties could hurt the district's financial performance. The withdrawal of this rating was preceded, in accordance with our policies, by any change to the rating that we consider appropriate given available information.

North Las Vegas, Nev.'s Limited-Tax General Obligation Ratings Raised To 'A' From 'BBB' On Return To Structural Balance

CENTENNIAL (S&P Global Ratings) June 21, 2019--S&P Global Ratings raised its long-term rating and underlying rating (SPUR) to 'A' from 'BBB' on North Las Vegas, Nev.'s limited-tax general obligation debt outstanding. The outlook is stable. "The rating action reflects our view of the city's recent return to structural balance, evidenced by positive budgetary performances and an improved fund balance position, supported by strong revenue growth in the last several years and an improving tax base," said S&P Global Ratings credit analyst Michael Parker. "Finally, the rating action reflects our view of the city's progress toward long-term fiscal sustainability through the creation of council-approved policies to reduce reliance on enterprise transfers into operating funds." The stable outlook reflects strong economic activity in the past several years that continues to fuel the steady revenue growth for the city, which we expe

Four Ratings Raised On Two CarNow Auto Receivables Trust Transactions; One Rating Affirmed

CarNow Auto Receivables Trusts (CNART) 2016-1 and 2017-1 are subprime auto loan securitizations backed by used vehicles. We raised our ratings on the 2016-1 transaction's Class C and D notes and on the 2017-1 transaction's Class B and C notes. We affirmed our rating on the 2017-1 transaction's Class A note. The rating actions reflect our view regarding each transaction's future collateral performance, structure, available credit enhancement, and our analysis of existing loss coverage levels, among other factors. NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings today raised its ratings on four classes from CNART 2016-1 and CNART 2017-1 and affirmed its ratings on one class from CNART 2017-1 (see list). Today's rating actions reflect collateral performance to date and our expectations regarding future collateral performance, as well as each transaction's structure and credit enhancement. Additionally, we incorporated seconda

Eastman Kodak Co. Upgraded To 'CCC+' On Improved Liquidity Stemming From Sale Of Convertible Notes; Outlook Stable

Eastman Kodak Co., a technology company focused on commercial printing and imaging, has issued and closed its sale of $100 million 5% senior secured convertible notes to Southeastern Asset Management. Concurrent with the closing, Kodak has repaid the approximately $83 million remaining on its outstanding senior secured first-lien term loan facility. This repayment eliminates Kodak's sizable near-term debt maturity and alleviates immediate liquidity constraints. We are raising our issuer credit rating on Kodak to 'CCC+', with a stable outlook, from 'CCC', with a negative outlook, reflecting our view that there is no longer a clear catalyst for default within the next 12 months. We are discontinuing our rating on the repaid term loan. Our stable outlook reflects our expectation that Kodak will have sufficient liquidity to meet its financial obligations over the next 12 months, in spite of our forecast for negative EBITDA and free cash flow for 2019. NEW YOR

Ford Credit Auto Owner Trust 2019-B Notes Assigned Ratings

Ford Credit Auto Owner Trust 2019-B's issuance is an ABS transaction backed by prime auto loan receivables. We assigned our ratings to the class A-1, A-2a/A-2b, A-3, A-4, B, and C notes. The ratings reflect our view of the transaction's credit enhancement, payment and legal structures, and characteristics of the pool being securitized, among other factors. NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings today assigned its ratings to Ford Credit Auto Owner Trust 2019-B's asset-backed notes (see list). The note issuance is an asset-backed securities (ABS) transaction backed by prime auto loan receivables. The ratings reflect: The availability of approximately 9.7%, 7.4%, and 6.6% credit support for the class A-1, A-2, A-3, A-4 (collectively, class A); B; and C notes, respectively (based on stressed break-even cash flow scenarios, including excess spread). These credit support levels provide coverage of more than 5.00x, 4.50x, and

Mariner Finance Issuance Trust 2019-A Notes Assigned Preliminary Ratings

Mariner Finance Issuance Trust 2019-A's issuance is an ABS transaction backed by personal consumer loan receivables. We assigned our preliminary ratings to the class A through D notes. The preliminary ratings reflect our view of the transaction's credit support, the characteristics of the pool being securitized, and the transaction's payment and legal structures, among other factors. NEW YORK (S&P Global Ratings) June 21, 2019--S&P Global Ratings today assigned its preliminary ratings to Mariner Finance Issuance Trust 2019-A's asset-backed notes (see list). The note issuance is an asset-backed securities (ABS) transaction backed by personal consumer loan receivables. The preliminary ratings are based on information as of June 21, 2019. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings reflect: The availability of approximately 45.28%, 39.85%, 34.61%, and 28.15