We see this as a sign that LTFC
is heading down what we consider to be the path of success," stated Mike Pruitt, President and CEO of the LifeStyle Technologies Franchising Corp.
We are extremely excited to get into the Dallas, TX market, as this is a high-growth, prestigious market with enormous opportunities to expand our business and raise awareness of LTFC
on a national level," stated Mike Pruitt, President of the LifeStyle Technologies Franchising Corp.
announced the first sale of its national franchise roll-out plan, the Charleston, SC location, on Thursday, October 11, 2001.
Fitch's current LTFC
Issuer Default Rating (IDR) for BV is 'BBB-' with a Stable Rating Outlook.
announced its national franchise rollout plan in August of this year and plans to take full advantage of the fast growing home technology market.
Argentina must normalize its relations with creditors in order to bring its LTFC
IDR out of Restrictive Default.
Caution is therefore warranted in raising the LTFC
into the 'BB' range prematurely, but a favorable forward credit trajectory is likely enough to warrant moving the Outlook on that rating to Positive from Stable.
rating affirmed at 'BB-' (BB minus), Outlook Stable
dollar revenues from exports of oil and gas, ability to retain a material amount of export revenues offshore, benefits related to its ownership by BP plc (Fitch LTFC
rating of 'AA+'), strong credit protection measures, conservative financial position, and manageable debt maturity profile.
Reflecting the marked differences in sovereign creditworthiness and quality of operating environments, ratings in Latin America are somewhat disperse, ranging from 'A' to 'CCC' in the LTFC
scale, from 'B' to 'E' in the Individual scale and from 'A+' to 'B-' in the LTLC scale.
Thus far, the parents of these banks have provided support throughout the crisis and their continued ability to do so is evident in the LTFC
ratings assigned by Fitch.
Overall, in 2003, long-term foreign currency (LTFC
) and individual rating downgrades outnumbered upgrades by 75:52 and 18:11, respectively, compared to the 39:6 for LTFC
and 19:0 for individual ratings in 2002.