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S&P Corrects And Withdraws Outlook On Banque Martin Maurel ADEF (France) Long-Term National Scale Rating Dec 11

Standard & Poors, December 2011

Abstract
PARIS (Standard & Poor's) Dec. 5, 2011--Standard & Poor's Ratings Services today withdrew the outlook, listed as stable in our database, on the 'frA2' long-term ADEF (France) national scale rating on Banque Martin Maurel (BMM). Due to an administrative error, the outlook was inadvertently assigned to the long-term ADEF rating on BMM. As per our article "Standard &Poor's Ratings Definitions," updated Nov. 1, 2011, we do not assign outlooks to long-term national scale ratings. This error correction is unrelated to our ongoing surveillance on BMM and has no impact on its ADEF ratings. RELATED CRITERIA AND RESEARCH Standard & Poor's Ratings Definitions, Nov. 1, 2011...

Companies mentioned in this report are: Banque Martin Maurel
Action: Withdrawn

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.

Banque Martin Maurel

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