Sydney, January 20, 2014 -- Moody's Investors Service, ("Moody's") has assigned a (P)Baa2 rating to the amended subordinated notes component of Bendigo and Adelaide Bank Limited's (BEN, A2 stable, C/a3 stable) existing AUD5 billion debt instrument programme. The provisional rating is positioned two notches below the a3 baseline credit assessment of BEN.
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