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"The success of this bond clearly demonstrates IPIC's creditworthiness in the eyes of global capital markets".
KAUFMAN -- The problem ahead of us is not so much the consumer, it's the lack of creditworthiness in business today.
Rating agencies have long assessed banks' creditworthiness in part on the likelihood of government support should they get into trouble.
Ultimately, the improvements in access to liquidity and the ability of these companies to refinance debt are having a positive impact on creditworthiness in the region.
It would have strengthened their creditworthiness in time for 2005, when the Landesbanks will lose their state guarantee on any further borrowing.
During the last three months, however, higher ratings and new bond issuances are pointing toward an improved creditworthiness in the region.
Similar(43)
"The collapse on world markets led to negative effects for servicing existing loans, which in turn contributed to — in the view of the banks — to declining creditworthiness, which in turn created a corresponding reaction in the capital markets, and so forth," he said.
Borrowers who default can expect damage to their creditworthiness and in some cases tax consequences.
Back then, he says, Fingerhut evaluated creditworthiness based in part on how people filled out order forms.
But that business began to disintegrate when Enron lost credibility, and it became clear that its creditworthiness was in question.
Speaking to reporters before a speech to the Greater Concord Chamber of Commerce here, Mr. Romney addressed the "sobering" news that "America's creditworthiness was in question," and continued to criticize the president throughout the day as he toured up and down New Hampshire, ending with a town-hall-style event in Nashua.
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