Research Update: French Bank BPCE And Most Core Subsidiaries 'A+/A-1' Ratings Affirmed On Bank Criteria Change; Outlook Stable Nov 11
- Language: English
- Published: November 2011
- Region: France
Due to an administrative error, the public issue rating we assigned in January 2007 to the €169,000,000 Total Return Notes (TRNs) issued in 2007 by French bank Natixis S.A. (then called IXIS) was not entered into our database. As a result, the issue rating on the TRNs was neither published nor updated. We are correcting this error by publishing the current 'D' issue rating on the TRNs and entering it into our database. We are also providing the rating history on the TRNs. PARIS (Standard & Poor's) March 10, 2011--Standard & Poor's Ratings Services today published its current 'D' issue rating and provided the rating transitions on the €169,000,000 Total Return Notes (TRNs) due 2013 issued in January 2007 by...
Companies mentioned in this report are:
- Natixis S.A.
Action: New Rating
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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.