Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative - S&P Global Ratings’ Credit Research

Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative

Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative - S&P Global Ratings’ Credit Research
Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative
Published May 20, 2016
Published May 20, 2016
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Abstract:

SINGAPORE (S&P Global Ratings) May 20, 2016--S&P Global Ratings today said it was keeping its 'BBB-' long-term issue ratings on the senior unsecured bonds listed below that were issued by the Bahrain branch of HDFC Bank Ltd. (BBB-/Stable/A-3) on CreditWatch with negative implications. At the same time, we are keeping our 'cnBBB+' long-term Greater China regional scale issue rating on HDFC's Chinese yuan (CNY) 150 million 4.30% bond maturing 2018 on CreditWatch with developing implications. CreditWatch Update HDFC Bank Ltd. Global scale issue ratings Sr unsecd CNY150 mil., 4.30% due 2018 BBB-/Watch Neg Sr unsecd US$500 mil., 3.00% due 2018 BBB-/Watch Neg Sr unsecd US$595 mil., 3.00% due 2016 BBB-/Watch Neg Greater China regional scale rating Sr unsecd CNY150 mil.,

  
Report Type:

Ratings Action

Ticker
HDFCB@IN
Issuer
HDFC Bank Ltd.
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
India
Region
Emerging Markets
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative" May 20, 2016. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Bonds-Issued-By-HDFC-Bank-s-Bahrain-Branch-Remain-On-CreditWatch-Negative-1639925>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Bonds Issued By HDFC Bank's Bahrain Branch Remain On CreditWatch Negative May 20, 2016. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Bonds-Issued-By-HDFC-Bank-s-Bahrain-Branch-Remain-On-CreditWatch-Negative-1639925>
  
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