Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request - S&P Global Ratings’ Credit Research

Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request

Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request - S&P Global Ratings’ Credit Research
Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request
Published Jan 03, 2025
3 pages (1192 words) — Published Jan 03, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

FRANKFURT (S&P Global Ratings) Jan. 3, 2025--S&P Global Ratings today said it withdrew its ratings on Erste Group Bank AG's (A+/Positive/A-1) €30 billion multi-issuer Euro Medium-Term Note (EMTN) program at the issuer's request. We continue to rate instruments outstanding under the program as separate issuances. Furthermore, the withdrawal does not affect any other program, any issue, or the issuer credit rating on Erste Group Bank. Criteria Financial Institutions General: Risk-Adjusted Capital Framework Methodology, April 30, 2024 General Criteria: Hybrid Capital: Methodology And Assumptions, March 2, 2022 Criteria Financial Institutions General: Financial Institutions Rating Methodology, Dec. 9, 2021 Criteria Financial Institutions Banks: Banking Industry Country Risk Assessment Methodology And Assumptions, Dec. 9, 2021 General Criteria:

  
Brief Excerpt:

...January 3, 2025 FRANKFURT (S&P Global Ratings) Jan. 3, 2025--S&P Global Ratings today said it withdrew its ratings on Erste Group Bank AG's (A+/Positive/A-1) 30 billion multi-issuer Euro Medium-Term Note (EMTN) program at the issuer's request. We continue to rate instruments outstanding under the program as separate issuances. Furthermore, the withdrawal does not affect any other program, any issue, or the issuer credit rating on Erste Group Bank....

  
Report Type:

Ratings Action

Ticker
EBS@AV
Issuer
Erste Group Bank AG
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Austria
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request" Jan 03, 2025. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Erste-Group-Bank-s-30-Billion-Euro-Medium-Term-Note-Program-Withdrawn-At-The-Issuer-s-Request-3304594>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Erste Group Bank's €30 Billion Euro Medium-Term Note Program Withdrawn At The Issuer's Request Jan 03, 2025. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Erste-Group-Bank-s-30-Billion-Euro-Medium-Term-Note-Program-Withdrawn-At-The-Issuer-s-Request-3304594>
  
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