S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg - S&P Global Ratings’ Credit Research

S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg

S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg - S&P Global Ratings’ Credit Research
S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg
Published Sep 15, 2010
958 words — Published Sep 15, 2010
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Abstract:

LONDON (Standard&Poor's) Sept. 15, 2010--Standard&Poor's Ratings Services today corrected its rating on The Royal Bank of Scotland PLC's (A+/Stable/A-1) €1 billion 4.625% fixed-to-floating rate subordinated notes due Sept. 21, 2021. Due to an administrative error, we inadvertently placed the notes on CreditWatch with negative implications on Aug. 4, 2009. We have today rectified this error by removing the issue from CreditWatch. The issue rating is unchanged at 'BBB'. RATINGS LIST To From EUR1 bil 4.625% /fltg-rate callable sub lower tier 2 med-term nts ser 1741 due 09/22/2021 (ISIN XS0201065496) BBB BBB/Watch Neg

  
Brief Excerpt:

RESEARCH S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg Publication date: 15-Sep-2010 Primary Credit Analyst: Richard Barnes, London (44) 20-7176-7227; richard_barnes@standardandpoors.c...

  
Report Type:

Ratings Action

Ticker
2783Z@LN
Issuer
NatWest Markets PLC
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
United Kingdom
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg" Sep 15, 2010. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Rating-On-A-Subordinated-Note-Issue-From-The-Royal-Bank-of-Scotland-PLC-By-Removing-It-From-Watch-Neg-820319>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Rating On A Subordinated Note Issue From The Royal Bank of Scotland PLC By Removing It From Watch Neg Sep 15, 2010. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Rating-On-A-Subordinated-Note-Issue-From-The-Royal-Bank-of-Scotland-PLC-By-Removing-It-From-Watch-Neg-820319>
  
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