Moody's downgrades junior subordinated debt of Anglo Irish Bank to Caa2 - Rating Action - 2009/09/14 - Moody's Global Credit Research

Report title: Moody's downgrades junior subordinated debt of Anglo Irish Bank to Caa2

from Moody's Global Credit Research
1326 word report published Sep 14, 2009

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Global Credit Research Rating Action 14 SEP 2009 Rating Action: Anglo Irish Bank Corporation Limited Moody's downgrades junior subordinated debt of Anglo Irish Bank to Caa2 Action follows announcement that the coupon will be deferred...

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Rating Action

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Anglo Irish Bank Corporation Limited

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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