Fitch Downgrades Societe Generale to 'A+'; Stable Outlook - Press Release - 2009/05/11 - Fitch Research

Report title: Fitch Downgrades Societe Generale to 'A+'; Stable Outlook

from Fitch Research
751 word report published May 11, 2009

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Fitch Downgrades Societe Generale to 'A+'; Stable Outlook 11 May 2009 6:54 AM (EDT) Fitch Ratings-Paris-11 May 2009: Fitch Ratings has today downgraded Societe Generale's (SG) Long-term Issuer Default Rating (IDR) to 'A+' from 'AA-'....

Report Type:

Press Release

Company(ies):

Societe Generale SCF, SG Capital Trust III, SG Capital Trust I, Banco Pecunia S.A., Societe Generale Expressbank AD, Credit du Nord S.A., BRD Groupe Societe Generale, Rosbank JSC, Societe D'Equipement Domestique et Menager S.A. (Eqdom), National Societe Generale Bank S.A.E. (NSGB), SGA Societe Generale Acceptance NV, Banco Cacique S.A., Societe Generale Splitska banka d.d., Komercni Banka a.s., Societe Generale

Ticker(s):

NSGB.CA , BRD , EQD , , STBA-R-A , GLE , ROSB

Issuer:

Societe Generale Societe de Credit Foncier

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Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

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