Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating - S&P Global Ratings’ Credit Research

Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating

Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating - S&P Global Ratings’ Credit Research
Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating
Published Oct 27, 2011
Published Oct 27, 2011
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

SINGAPORE (Standard&Poor's) Oct. 27, 2011--Standard&Poor's Ratings Services today assigned its 'BBB+' issue rating and 'cnAA-' Greater China credit scale rating to The Bank of East Asia Ltd.'s (BEA; A-/Stable/A-2; cnAA/--/cnA-1) drawdown from its existing US$3 billion medium-term notes program. The bond issue is an unsecured and subordinated obligation of BEA, and shall at all times rank pari passu with all other unsecured and subordinated obligations. RELATED CRITERIA AND RESEARCH Financial Institutions Criteria, published as a PDF book in July 2008 Standard&Poor's Approach To Rating Bank Securities, published March 19, 2004

  
Report Type:

Ratings Action

Ticker
23@HK
Issuer
The Bank of East Asia Limited
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Hong Kong
Region
Emerging Markets
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating" Oct 27, 2011. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bank-of-East-Asia-Ltd-s-Medium-Term-Notes-Drawdown-Assigned-BBB-Rating-cnAA-Greater-China-Credit-Scale-Rating-905673>
  
APA:
S&P Global Ratings’ Credit Research. (). Bank of East Asia Ltd.'s Medium-Term Notes Drawdown Assigned 'BBB+' Rating, 'cnAA-' Greater China Credit Scale Rating Oct 27, 2011. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bank-of-East-Asia-Ltd-s-Medium-Term-Notes-Drawdown-Assigned-BBB-Rating-cnAA-Greater-China-Credit-Scale-Rating-905673>
  
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