Paris, July 09, 2013 -- Moody's Investors Service has said today that the lower percentage of fixed-rate covered bonds hedged against interest-rate risk, will not, in and of itself and at this time, result in a downgrade or withdrawal of the current A2 ratings of the notes issued by Credito Emiliano S.p.A (CREDEM; deposits Baa3/Prime-3 negative, standalone bank financial strength rating D+/baseline credit assessment baa3, negative). Moody's opinion addresses only the credit impact of the amendments, and Moody's is not expressing any opinion as to whether the amendments have, or could have other, non-credit-related effects that may have a detrimental impact on the interests of bondholders and/or counterparties.

Vollständigen Artikel bei Moodys lesen