Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives - S&P Global Ratings’ Credit Research

Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives

Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives - S&P Global Ratings’ Credit Research
Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives
Published Mar 31, 2016
Published Mar 31, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Following our review of Standard Chartered group, we believe that the group's intrinsic creditworthiness has deteriorated when compared with its peers. As a result, we lowered our rating on Standard Chartered group entities, including Standard Chartered PLC (SCPLC), Standard Chartered Bank (SCB), and their subsidiaries. HONG KONG (Standard&Poor's) March 31, 2016--Standard&Poor's Ratings Services took the following rating actions on Standard Chartered entities and, where relevant, removed the ratings from CreditWatch with negative implications where they were placed on Feb. 26, 2016. To From Standard Chartered PLC (SCPLC) BBB+/Stable/A-2 A-/Watch Neg/A-2 Standard Chartered Bank (SCB) A/Positive/A-1 A+/ Watch Neg/A-1 Standard Chartered Bank (Hong Kong) Ltd. (SCBHK) A+/Positive/A-1 AA-/Watch Neg/A-1+ Standard Chartered Bank (China) Ltd. A/Positive/A-1 A+/ Watch

  
Report Type:

Ratings Action

Ticker
STAN@LN
Issuer
Standard Chartered PLC
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
United Kingdom
Region
United States
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. "Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives" Mar 31, 2016. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Standard-Chartered-Entities-Lowered-By-One-Notch-Positive-Outlook-Reflects-ALAC-Restructuring-Initiatives-1606580>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Standard Chartered Entities Lowered By One Notch; Positive Outlook Reflects ALAC, Restructuring Initiatives Mar 31, 2016. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Standard-Chartered-Entities-Lowered-By-One-Notch-Positive-Outlook-Reflects-ALAC-Restructuring-Initiatives-1606580>
  
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