Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA' - S&P Global Ratings’ Credit Research

Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA'

Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA' - S&P Global Ratings’ Credit Research
Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA'
Published Oct 08, 2015
3 pages (1095 words) — Published Oct 08, 2015
Price US$ 150.00  |  Buy this Report Now

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Abstract:

OVERVIEW On Sept. 1, 2014, we withdrew our 'AAA' rating on a covered bond issuance (ISIN DK0002026657) from Nordea Kredit Realkredit's Capital Center 2 due to an error. On discovery of this error, we have reinstated our 'AAA' rating on the issuance. The outlook is stable. Nordea Kredit Realkredit's Capital Center 2 is a Danish covered bond program backed by a dynamic cover pool of residential and commercial mortgages. LONDON (Standard&Poor's) Oct. 8, 2015--Standard&Poor's Ratings Services today corrected by reinstating its 'AAA' rating on a covered bond issuance (ISIN DK0002026657) from Nordea Kredit Realkredit A/S's Capital Center 2. The outlook is stable. We had withdrawn this rating in error on Sept. 1, 2014. Nordea Kredit Realkredit's

  
Brief Excerpt:

...OVERVIEW + On Sept. 1, 2014, we withdrew our '###' rating on a covered bond issuance (ISIN DK0002026657) from Nordea Kredit Realkredit's Capital Center 2 due to an error. + On discovery of this error, we have reinstated our '###' rating on the issuance. The outlook is stable. + Nordea Kredit Realkredit's Capital Center 2 is a Danish covered bond program backed by a dynamic cover pool of residential and commercial mortgages. LONDON (Standard & Poor's) Oct. 8, 2015--Standard & Poor's Ratings Services today corrected by reinstating its '###' rating on a covered bond issuance (ISIN DK0002026657) from Nordea Kredit Realkredit A/S's Capital Center 2. The outlook is stable. We had withdrawn this rating in error on Sept. 1, 2014. Nordea Kredit Realkredit's Capital Center 2 is a Danish covered bond program backed by a dynamic cover pool of residential and commercial mortgages. RELATED CRITERIA AND RESEARCH Related Criteria...

  
Report Type:

Ratings Action

Issuer
GICS
Thrifts & Mortgage Finance (40102010)
Sector
Global Issuers, Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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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. "Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA'" Oct 08, 2015. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Covered-Bond-Issuance-From-Nordea-Kredit-Realkredit-s-Capital-Center-2-Reinstated-At-AAA-1462079>
  
APA:
S&P Global Ratings’ Credit Research. (). Rating On Covered Bond Issuance From Nordea Kredit Realkredit's Capital Center 2 Reinstated At 'AAA' Oct 08, 2015. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rating-On-Covered-Bond-Issuance-From-Nordea-Kredit-Realkredit-s-Capital-Center-2-Reinstated-At-AAA-1462079>
  
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