HSBC Americas,Marine Midland Bank Rtgs Raised by S&P - S&P Global Ratings’ Credit Research

HSBC Americas,Marine Midland Bank Rtgs Raised by S&P

HSBC Americas,Marine Midland Bank Rtgs Raised by S&P - S&P Global Ratings’ Credit Research
HSBC Americas,Marine Midland Bank Rtgs Raised by S&P
Published Aug 08, 1996
Published Aug 08, 1996
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 8/8/96 -- Standard&Poor's today has raised its long-term counterparty ratings on HSBC Americas Inc. and Marine Midland Bank to single-`A' from single-`A'-minus, and the short-term counterparty ratings to `A-1' from `A-2'. The subordinated debt ratings have been raised to single-`A'-minus from triple-`B'-plus, and HSBC Americas' commercial paper rating has been raised to `A-1' from `A-2'. Marine Midland's CD rating has been raised to single-`A'/`A-1' from single-`A'-minus/`A-2'. Also, Standard&Poor's has assigned its preliminary single-`A' senior debt, preliminary single-`A'-minus subordinated debt, and preliminary triple- `B'-plus preferred stock ratings on HSBC America's recently filed shelf. The outlooks have been revised to stable from positive. The upgrade reflects the improved financial performance of HSBC

  
Report Type:

Ratings Action

Ticker
7889Z
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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HSBC USA Inc. – 2002/11/06 – US$ 500.00

Summary: HSBC USA Inc. – 2002/11/06 – US$ 225.00

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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. "HSBC Americas,Marine Midland Bank Rtgs Raised by S&P" Aug 08, 1996. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/HSBC-Americas-Marine-Midland-Bank-Rtgs-Raised-by-S-P-77980>
  
APA:
S&P Global Ratings’ Credit Research. (). HSBC Americas,Marine Midland Bank Rtgs Raised by S&P Aug 08, 1996. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/HSBC-Americas-Marine-Midland-Bank-Rtgs-Raised-by-S-P-77980>
  
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