S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+' - S&P Global Ratings’ Credit Research

S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+'

S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+' - S&P Global Ratings’ Credit Research
S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+'
Published Jan 10, 2013
Published Jan 10, 2013
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Abstract:

TORONTO (Standard&Poor's) Jan. 10, 2013--Standard&Poor's Ratings Services has corrected its ratings on two Bank of Nova Scotia senior unsecured debt issuances, including the US$10 million senior unsecured notes series A due 2019 and US$1 billion senior unsecured notes due 2017, to 'A+' from 'AA-'. Standard&Poor's should have lowered the ratings Dec. 13, 2012, when we lowered the other ratings we have on the bank (for more information, see "Research Update: The Bank of Nova Scotia Ratings Lowered To 'A+/A-1' On Rising Industry And Economic Risk In Canada; Outlook Is Stable," published Dec. 13, 2012, on RatingsDirect on the Global Credit Portal).

  
Report Type:

Ratings Action

Ticker
BNS@CN
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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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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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+'" Jan 10, 2013. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Two-Bank-of-Nova-Scotia-Senior-Unsecured-Debt-Issues-To-A-1061239>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Ratings On Two Bank of Nova Scotia Senior Unsecured Debt Issues To 'A+' Jan 10, 2013. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Two-Bank-of-Nova-Scotia-Senior-Unsecured-Debt-Issues-To-A-1061239>
  
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