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07.10.2015 22:38:00
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Moody's assigns provisional (P)A3 rating to Novo Banco, S.A. conditional pass-through covered bonds
Madrid, October 07, 2015 -- Moody's Investors Service today assigned a provisional (P)A3 long-term rating to the Obrigaçoes Hipotecárias (OHs) to be issued by Novo Banco, S.A. (the issuer, B2 senior unsecured, caa2 baseline credit assessment, B1(cr) Counterparty Risk Assessment) under its new conditional pass-through programme.
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