10:18 AM EDT, 05/16/2024 (MT Newswires) -- S&P Global Ratings on Wednesday assigned its BB issue-level rating and 3 recovery rating to Celestica's ( CLS ) proposed US$500 million term loan B. The 3 recovery rating indicates the rating agency's expectation of meaningful recovery in a simulated default scenario. The term loan will rank pari passu in right of payment...

10:15 AM EDT, 05/16/2024 (MT Newswires) -- Tredegar ( TG ) said Thursday that Brazilian regulators have recommended rejection of the proposed sale of its flexible packaging films business Terphane to Oben Group. Tredegar ( TG ) said in September last year that it had agreed to sell the unit for about $116 million. Tredegar ( TG ) said the...

May 16 (Reuters) - United Airlines said on Thursday the U.S. Federal Aviation Administration has permitted the carrier to restart its certification activities, including new aircraft and routes. The airline's certification activities were suspended after the FAA said in March it was increasing its oversight of United following recent safety incidents. The aviation regulator said it would initiate a formal...

10:19 AM EDT, 05/16/2024 (MT Newswires) -- CBRE Group ( CBRE ) is partnering with privately held EV+ to install electric vehicle charging systems at 10,000 commercial properties over the next five years, the companies said on Thursday. CBRE ( CBRE ) will assist EV+ with site acquisition and project management in addition to securing grants and other financial incentives...