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Research Update: France-Based Credit Logement 'AA-' Rating Affirmed Following Sovereign Action; Off Watch Negative, Outlook Negative Jan 12 Product Image

Research Update: France-Based Credit Logement 'AA-' Rating Affirmed Following Sovereign Action; Off Watch Negative, Outlook Negative Jan 12

  • Published: January 2012
  • Standard & Poors

FEATURED COMPANIES

Abstract
Standard & Poor's lowered its unsolicited long-term sovereign credit rating on the Republic of France to 'AA+' and removed the rating from CreditWatch with negative implications on Jan. 13, 2012. We also affirmed the unsolicited short-term rating at 'A-1+'. The outlook is negative. Following the sovereign action, we are affirming our long-term rating on France-based Cr-dit Logement at 'AA-' and removing the rating from CreditWatch negative. The negative outlook on Cr-dit Logement is in line with the outlook on France. On Jan. 23, 2012, Standard & Poor's Ratings Services affirmed its 'AA-' long-term counterparty credit rating on Cr-dit Logement and removed the rating from CreditWatch with negative implications where we placed it on Dec. 7, 2011. The outlook is negative....

Companies mentioned in this report are: Credit Logement
Action: Affirmed
Action: On CreditWatch:Negative
Action: Removed From CreditWatch

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