|
|
 |
|
Viewing report
|
|
|
|
Banco Bilbao Vizcaya Argentaria Rated 'AA-'/'A-1+'; Outlook Stable Jan 00
Standard & Poors, Jan 2000
Abstract
PARIS (Standard & Poor's CreditWire) Jan. 31, 2000--Standard & Poor's today assigned ratings to Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), Spain's second-largest financial institution, created by the merger of Banco Bilbao Vizcaya S.A. (BBV) and Argentaria, Caja Postal y Banco Hipotecario, S.A. (Argentaria), which took legal effect on Jan. 28, 2000. Double-'A'-minus long-term and single-'A-1'-plus short-term counterparty credit and certificate of deposit ratings were assigned. The outlook is stable. In a related rating action, Standard & Poor's withdrew its counterparty credit ratings on BBV and Argentaria. The existing debt ratings on BBV and Argentaria, and their related entities, were transferred to BBVA and affirmed. (See list below for all ratings affected.) The ratings on BBVA balance a strong domestic franchise...
Companies mentioned in this report are: Banco Bilbao Vizcaya Argentaria S.A.,BBVA Commercial Paper Ltd.,B.B.V. Finance (DE) Inc.,BBVA Global Finance Ltd.,Bex America Finance Inc.,Argentaria Global Finance Ltd.,BBVA Capital Funding Ltd.,BBVA International Ltd.
Action: New Rating
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
