Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn - S&P Global Ratings’ Credit Research

Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn

Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn - S&P Global Ratings’ Credit Research
Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn
Published Dec 16, 2016
Published Dec 16, 2016
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About This Report

  
Abstract:

LONDON (S&P Global Ratings) Dec. 16, 2016--S&P Global Ratings today withdrew its ratings on two market-linked notes (MLNs) issued by U.K.-based Barclays Bank plc, due to a misapplication of the "General Criteria: Principles For Rating Debt Issues Based On Imputed Promises" criteria. The withdrawal of these issue ratings does not imply any change in the credit quality of the issuing bank, whose other rated debt issues are not affected by today's action. This rating action follows our review of market-linked securities that have provisions that could lead to the early redemption of the instruments at below par value (as indicated in "FAQs On Early Redemption Features And Negative Interest Rates Are Added to Imputed Promises Criteria," published Nov. 3, 2016,

  
Report Type:

Ratings Action

Ticker
BCBEY
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
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 "Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn" Dec 16, 2016. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Two-Market-Linked-Notes-Issued-By-Barclays-Bank-Withdrawn-1775237>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Two Market-Linked Notes Issued By Barclays Bank Withdrawn Dec 16, 2016. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Two-Market-Linked-Notes-Issued-By-Barclays-Bank-Withdrawn-1775237>
  
US$ 150.00
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