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Following Leda Property Group's mid-week announcement that it would miss the February 22 scheduled maturity of its A$300 million CMBS issue, Standard & Poor's placed the ratings assigned to the is.. read more

Macquarie Group had its 'A-/A-2' long- and short-term credit ratings assigned by S&P affirmed and the outlook revised to stable from negative. Macquarie Bank's 'A/A-1' ratings were also affirmed a.. read more

S&P withdrew its 'A/Stable/A-1' credit ratings on the Sydney branch Mega International Commercial Bank Co and those assigned to its A$600 million MTN program, last week. read more

Leda Property Group yesterday advised that it is unlikely to be able to repay $300 million of commercial mortgage-backed securities on the scheduled maturity date of February 22. read more

ANZ became the first of the four big banks to issue in the local market for the year when it approached the market with a minimum A$500 million, four-year bond issue, with an indicative pricing range.. read more

Risk aversion continued to reign in global financial markets last week and was reflected in modest activity levels in our domestic debt markets - leaving aside ANZ's bumper unguaranteed issue. read more

The only offshore issuance activity seen last week came from Envestra Limited. Envestra advised the ASX that it has raised US$150 million in the traditional private placement market in the US, in a si.. read more

In New Zealand there came news of two more retail bond offerings by real corporate issuers. read more

The financial markets have been waiting for and indeed, looking for, the aftershocks from the GFC since the end of the third quarter of last year. Early to mid October generally marks the high point f.. read more

Borrowers with "low doc" home loans are emerging once again as the class of customer more likely to end up in the collections division of a bank, with rising delinquencies for low doc loans at a time.. read more