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Edelweiss Financial Services receives revision in credit ratings from Brickwork Ratings

Edelweiss Financial Services announced that Brickwork Ratings (BWR) has assigned credit rating of BWR AA- / Stable for the proposed issuance of long term Non-Convertible Debentures ( NCDs) and BWR PP-MLD AA- / Stable for the long term Principal Protected Market-Linked Debentures of the Company. Further, Brickwork has reaffirmed the credit rating BWR AA- / Stable and BWR PP-MLD AA- / Stable for the existing long term NCDs and the Principal Protected MarketLinked Debentures of the Company, respectively. The credit rating of the short term Principal Protected Market-Linked Debentures has been withdrawn. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Madruga celebrates 30 years at bank

Ani Madruga, senior vice president and market lending leader, recently celebrated her 30th employment anniversary with First State Bank of the Florida Keys.

Opinion: Will honesty ever be the best fiscal policy in Alberta?

The Globe and Mail Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer JASON FRANSON/The Canadian Press Sometimes, life deals you a hand you never saw coming, leaving you with decisions you hoped you’d never have to make. Alberta Premier Jason Kenney knows what that’s like. While he took the job in 2019, when the province’s finances were already a mess, he had no idea there would soon be a pandemic with which to contend.

Zambia requests financing arrangement with the IMF

3 Min Read LUSAKA (Reuters) - Zambian authorities formally requested a financing arrangement from the International Monetary Fund (IMF), the Fund said on Tuesday, to help the southern African copper producer navigate a debt crisis. FILE PHOTO: Zambia s President Edgar Lungu attends a signing ceremony at the Elysee Palace in Paris, France, February 8, 2016. REUTERS/Philippe Wojazer/File Photo/File Photo Zambia became Africa’s first pandemic-era sovereign default last month after it failed to pay a $42.5 million coupon on one of its Eurobonds. Zambia’s presidency released a photo of President Edgar Lungu meeting with the head of the IMF’s Africa department Abebe Selassie in the capital Lusaka on Tuesday.

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