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Research Update: Standard Life Bank PLC 'A-/A-2' Ratings Remain On CreditWatch Positive Jan 10 Product Image

Research Update: Standard Life Bank PLC 'A-/A-2' Ratings Remain On CreditWatch Positive Jan 10

  • ID: 2030587
  • January 2010
  • Standard & Poors

FEATURED COMPANIES

  • Barclays Bank PLC
  • Standard Life Bank PLC
  • MORE

Abstract
Barclays Bank PLC (Barclays) has announced that it has completed the acquisition of Standard Life Bank PLC (SLB). We are maintaining our 'A-/A-2' counterparty credit ratings on SLB on CreditWatch, where they had been placed with positive implications on Oct. 27, 2009. The CreditWatch placement reflects our expectation that the merger of SLB into Barclays is likely to proceed later this year. We currently expect to resolve the CreditWatch upon completion of the merger. On Jan. 27, 2010, Standard & Poor's Ratings Services commented on its CreditWatch placement of Standard Life Bank PLC (SLB). The 'A-/A-2' long- and short-term counterparty credit ratings remain on CreditWatch where they had been placed with positive implications on Oct. 27, 2009. The original CreditWatch...

Companies mentioned in this report are:
- Standard Life Bank PLC
- Barclays Bank PLC
- Barclays SLCSM Funding B.V.

Action: CreditWatch Update

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Note: Product cover images may vary from those shown

- Standard Life Bank PLC
- Barclays Bank PLC
- Barclays SLCSM Funding B.V.

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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