09.10.2013 07:00:00
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Rizal Commercial Banking Corporation -- Moody's withdraws rating on subordinated tranche of RCBC's MTN program, (P)Ba2 senior rating on RCBC remains unchanged
Singapore, October 09, 2013 -- Moody's Investors Service has withdrawn the (P)B1 subordinate Medium Term Note (MTN) program rating of Rizal Commercial Banking Corporation (RCBC), following the revision of the terms and conditions of RCBC's $1 billion Euro MTN program, to remove the coverage of subordinated debt issuance from the program.