Spanish banks take another ratings hit

Thursday, October 20, 2011

Moody's is downgrading five spanish banks and placing them on negative outlook

Comment by: Mike Peterson. Posted 12 years ago [2011-10-20 16:07:53]

To clarify, the article above refers to the senior debt rating of the five Spanish banks not the issuer rating, as we originally said. It also originally said, incorrectly, that 33 other banks were downgraded. The other downgrades were for government guaranteed and subordinated debt.

CLOs

more stories...