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

Ticker(s):

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

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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