| Abstract: | On Oct. 1, 2007, Standard&Poor's Ratings Services revised the outlook to positive from stable on Société des Transports Intercommunaux de Bruxelles (STIB), the transport operator of the Region of Brussels-Capital (RBC; AA/Positive/--). At the same, the 'AA/A-1+' long- and short-term issuer credit ratings were affirmed. The revision mirrors the outlook change announced earlier by Standard&Poor's on the Region of Brussels-Capital and acknowledges the strong financial support STIB receives from RBC. In particular, the region ensures STIB's financial balance through annual transfers, and formally guarantees STIB's long-term borrowings. For further details, see "Research Update: Region of Brussels-Capital Outlook To Positive On Improved Financials; 'AA' Rating Affirmed," also published on Oct. 1, 2007, on RatingsDirect. The ratings take
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| Brief Excerpt: | RESEARCH Ratings Definitions Research Update: Societe des Transports Intercommunaux de Bruxelles Outlook To Pos; '##/A-1+' Ratings Affirmed Publication date: 01-Oct-2007 Primary Credit Analyst: Bertrand de Dianous, Paris (33) 1-4420-7371;...
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| Report Type: | Research Update
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| Issuer: | Societe des Transports Intercommunaux de Bruxelles
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| GICS: | Railroads (20304010)
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| Sector: | Global Issuers, International Public Finance, Transportation
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| Country: | Belgium
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| Region: | Europe, Middle East, Africa
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| Free Sample: |
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| Format: | | HTML |  |
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