Credit Ratings News

Connecticut Sues Moody’s, S&P Over Subprime Ratings (Update3)Wednesday, March 10, 2010 @ 3:45PMMarch 10 (Bloomberg) -- Connecticut Attorney General Richard Blumenthal said he is suing Moody’s Corp. and Standard & Poor’s because they were “catering to the investment banks and other issuers” of structured debt securities.

Lebanon ranks 82nd globally, 13th in MENA in country riskWednesday, March 10, 2010 @ 3:44PMBEIRUT: In its semi-annual survey of the country risk of 186 countries, Euromoney magazine ranked Lebanon in 82nd place worldwide and 13th among 20 countries in the Middle East and North Africa region in March 2010, as reported by Lebanon This Week, the economic publication of the Byblos Bank Group. Lebanon ranked 80th globally and 12th

NAL Oil & Gas Trust Reports Fourth Quarter and Year-End 2009 ResultsWednesday, March 10, 2010 @ 3:41PMCALGARY, ALBERTA-- - NAL Oil & Gas Trust today announced its financial and operational results for the fourth quarter and year ended December 31, 2009 as well as 2009 year-end reserves.

Fitch Affirms U.S. Education Loan Trust IV Senior NotesWednesday, March 10, 2010 @ 3:36PMNEW YORK----Fitch Ratings affirms the long-term ratings on the senior notes of the U.S. Education Loan Trust IV, LLC - March 1, 2006 Indenture of Trust senior notes. The Rating Outlook is Stable.

Cliffs Natural Resources Inc. Announces Pricing of $400 Million Public Offering of Senior NotesWednesday, March 10, 2010 @ 3:35PMCLEVELAND----Cliffs Natural Resources Inc. announced today that it has priced its registered public offering of $400 million of 5.9% Senior Notes due March 2020. Cliffs expects to close the offering on March 17, 2010, subject to customary closing conditions.