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Ratings on Laurentian Bank of Canada Harmonized; Outlook Stable

Published Apr 30, 2001

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Abstract:

TORONTO (Standard & Poor's CreditWire) April 30, 2001--Standard & Poor's today announced its harmonized ratings on Laurentian Bank of Canada (see list below). The outlook is stable. On Oct. 31, 2000, Standard & Poor's and the Canadian Bond Ratings Service (CBRS) announced that they have combined operations in Canada. A process is underway to harmonize all ratings assigned by CBRS with the Standard & Poor's framework, which includes the translation of all ratings onto the Standard & Poor's ratings scale. The ratings announced today are expressed on Standard & Poor's global ratings scale. Going forward, all new debt issue ratings on Laurentian Bank will be based on the harmonized issuer credit ratings. Ratings harmonization announcements do not constitute upgrades or

Report Type:

News

Issuer

Laurentian Bank of Canada

Sector

Financial Institutions, Global Issuers

Format:

HTML

Laurentian Bank of Canada C$100 Million Noncumulative Preferred Shares Rated 'P-2' – 2001/10/19 – US$ 150.00

Laurentian Bank of Canada – 2001/10/25 – US$ 500.00

Summary: Laurentian Bank of Canada – 2001/10/26 – US$ 225.00

Laurentian Bank of Canada Increases Provisions for Loan Losses, Outlook Revised to Negative – 2002/05/01 – US$ 150.00

Research Update: Laurentian Bank of Canada – 2002/05/01 – US$ 225.00

Summary: Laurentian Bank of Canada – 2001/04/30 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Ratings on Laurentian Bank of Canada Harmonized; Outlook Stable" Apr 30, 2001. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-on-Laurentian-Bank-of-Canada-Harmonized-Outlook-Stable-192252>

APA:	S&P Global Ratings’ Credit Research. (). Ratings on Laurentian Bank of Canada Harmonized; Outlook Stable Apr 30, 2001. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-on-Laurentian-Bank-of-Canada-Harmonized-Outlook-Stable-192252>

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