S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC' - S&P Global Ratings’ Credit Research

S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC'

S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC' - S&P Global Ratings’ Credit Research
S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC'
Published Jun 01, 2010
Published Jun 01, 2010
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Abstract:

FRANKFURT (Standard&Poor's) June 1, 2010--Standard&Poor's Ratings Services today corrected four ratings on hybrid capital instruments issued by Eurohypo Capital Funding Trust I (EHFT I) and by Commerzbank Capital Funding Trust (CBFT) I, II, and III by lowering them to 'C' from 'CC'. Owing to an administrative error, we didn't lower the ratings on these instruments, as we had previously indicated, after the respective entities missed coupon payments on March 18 (CBFT III), April 12 (CBFT I and CBFT II), and May 23, 2010 (EHFT I) (see "Various Rating Actions On Hybrid Capital Instruments Issued By Commerzbank AG and Subsidiaries," published on March 8, 2010, on RatingsDirect). We have now updated our database accordingly. The ratings on

  
Report Type:

Ratings Action

Ticker
CBK@GR
Issuer
Commerzbank AG
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Germany
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC'" Jun 01, 2010. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Various-Commerzbank-Group-Hybrid-Capital-Instruments-By-Lowering-Them-To-C-From-CC-801717>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Ratings On Various Commerzbank Group Hybrid Capital Instruments By Lowering Them To 'C' From 'CC' Jun 01, 2010. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Various-Commerzbank-Group-Hybrid-Capital-Instruments-By-Lowering-Them-To-C-From-CC-801717>
  
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