Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria - S&P Global Ratings’ Credit Research

Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria

Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria - S&P Global Ratings’ Credit Research
Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria
Published Nov 26, 2013
1231 words — Published Nov 26, 2013
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About This Report

  
Abstract:

On Nov. 19, 2013, we published our revised group rating methodology for corporate entities. As LeasePlan is 50%-owned by Volkswagen AG, on the same day we labeled the ratings on the bank as "under criteria observation" (UCO). We have performed an initial review of the ratings on LeasePlan and placed them on CreditWatch with positive implications. We aim to resolve the CreditWatch within the next 90 days. PARIS (Standard&Poor's) Nov. 26, 2013--Standard&Poor's Ratings Services said today that it has placed its 'BBB+/A-2' long- and short-term counterparty credit ratings on Dutch bank LeasePlan Corporation N.V. on CreditWatch with positive implications. The CreditWatch placement follows the publication on Nov. 19, 2013, of our updated methodology for rating members

  
Brief Excerpt:

RESEARCH Dutch Bank LeasePlan '###+/A-2' Ratings Placed On Watch Positive On Revised Criteria Publication date: 26-Nov-2013 Primary Credit Analyst: Rayane Abbas, CFA, Paris +33 1 44 20 73 02; rayane.abbas@standardandpoors.com Secondary...

  
Report Type:

Ratings Action

Ticker
1170Z@NA
Issuer
GICS
Consumer Finance (40202010)
Sector
Global Issuers, Structured Finance
Country
Region
Pacific
Format:
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria" Nov 26, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Dutch-Bank-LeasePlan-BBB-A-2-Ratings-Placed-On-Watch-Positive-On-Revised-Criteria-1221623>
  
APA:
S&P Global Ratings’ Credit Research. (). Dutch Bank LeasePlan 'BBB+/A-2' Ratings Placed On Watch Positive On Revised Criteria Nov 26, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Dutch-Bank-LeasePlan-BBB-A-2-Ratings-Placed-On-Watch-Positive-On-Revised-Criteria-1221623>
  
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