|
|
 |
|
Viewing report
|
|
|
|
Barclays Bank PLC L-T Rating Lowered To 'AA-'; 'A-1+' S-T Rating Affirmed; Outlook Negative Dec 08
Standard & Poors, Dec 2008
Abstract
LONDON (Standard & Poor's) Dec. 19, 2008--Standard & Poor's Ratings Services said today that it lowered its long-term counterparty credit rating on Barclays Bank PLC (Barclays) to 'AA-' from 'AA' and the long-term counterparty credit ratings on other core related entities. At the same time, Standard & Poor's removed its 'AA' long-term counterparty credit ratings on Barclays Bank PLC and the long-term counterparty credit ratings on other core related entities from CreditWatch with negative implications, where they had been placed on Sept. 17, 2008. Furthermore, the 'A-1+' short-term counterparty credit ratings on Barclays Bank PLC and other core related entities were affirmed. Additionally, Standard & Poor's lowered its long- and short-term counterparty credit ratings on Barclays PLC to 'A+/A-1' from...
Companies mentioned in this report are: Barclays Bank PLC
Action: Affirmed
Action: Downgraded
Action: Outlook: Negative
Action: Removed From CreditWatch
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.
|
|
|
|
