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S&P cuts Barneys credit rating, warns on liquidity 
Reuters | Mon, Apr 13
Mon, Apr 13
S&P cut Barney's credit ratings two notches to CCC, eight steps below investment grade, from B-minus. The outlook is negative, indicating an additional downgrade is more likely in the next two years. "The downgrade reflects the deteriorating liquidity ...
5 mainstream media and 4 bloggers weighed in on a similar topic
6 Months Ago,
Zawya says
(in Istithmar World Cap Pumps $25M Into Barneys New York -Report)
United Arab Emirates
DUBAI (Zawya Dow Jones)--Dubai-government investment firm Istithmar World CapitalIstithmar World Capital has pumped 90 million UAE dirhams ($25 million) into Barneys New York, sources told local Arabic daily Alrroya Aleqtissadiya, the paper reports ...
And
AZ Central.com says
(in Barneys remains on track for fall debut in Valley)
AZ
We will continue to monitor the company's performance but we are confident that no further injection is needed at this time," Istithmar CEO David Jackson said in a statement. Istithmar bought Barneys for $942 million from Jones Apparel Group Inc. in ...
And
Arizona Republic says
(in Barneys remains on track for fall debut in Valley)
AZ - Max Jarman, Max Jarman
We will continue to monitor the company's performance but we are confident that no further injection is needed at this time," Istithmar CEO David Jackson said in a statement. Istithmar bought Barneys for $942 million from Jones Apparel Group Inc. in ...
7 Months Ago,
Bizjournals.com says
(in On Rittenhouse Square, Barneys New York opens first Phila. store)
Barneys New York is owned by the Dubai-based private equity firm Istithmar, which acquired it from Bristol, Pa.-based Jones Apparel Group for $942 million in July 2007. Earlier this week, the private equity firm reportedly provided $10 million to ...
Istithmar tops up Barneys The National
And
Zawya says
(in Statement from Istithmar World Capital)
United Arab Emirates
Dubai, April 15, 2009: "Istithmar World CapitalIstithmar World Capital has provided a significant level of additional capital to support Barneys New York. Working closely with management, we believe that this amount allows the company financial ...
And
Zawya says
(in = MIDEAST MORNING BRIEFING: Saudi Bks In Focus On 1Q, Rate Cut)
United Arab Emirates
Istithmar World Capital said it has provided a significant level of additional capital to give Barneys New York financial flexibility to work with its major vendors and financial intermediaries. WORLD MARKETS: Sentiment in markets Wednesday is again ...
And
Wall Street Journal says
(in Istithmar World Capital Gives Capital To Barneys New York)
Last week, the New York Post reported Istithmar, the government investment agency of Dubai, decided to inject at least $10 million into its struggling retailer. Istithmar bought Barneys, which has about 2200 employees, for $942 million in July 2007 ...
And
Reuters says
(in Barneys gets more capital from Dubai owner)
India
Istithmar World Capital, owned by the government of Dubai, said the additional capital enables Barneys to meet its 2009 schedule of shipments. It did not specify the amount of the capital. "We will continue to monitor the company's performance but we ...
And
google.com says
(in Istithmar provides 'significant' loan for Barneys)
Istithmar says it will continue to monitor the company's performance but feels confident no further capital injection is needed at this time. Standard & Poor's Ratings Services downgraded Barney's Monday on concerns about its cash position.
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