S&P Places De Nationale Investeringsbank on Watch Neg - S&P Global Ratings’ Credit Research

S&P Places De Nationale Investeringsbank on Watch Neg

S&P Places De Nationale Investeringsbank on Watch Neg - S&P Global Ratings’ Credit Research
S&P Places De Nationale Investeringsbank on Watch Neg
Published Dec 24, 1998
Published Dec 24, 1998
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About This Report

  
Abstract:

NY -- Standard&Poor's CreditWire 12/24/1998 -- Standard&Poor's today placed its double-`A'-plus counterparty credit rating on De Nationale Investeringsbank N.V. and its double-`A'-plus rating on the bank's senior unsecured debt on CreditWatch with negative implications. The CreditWatch placement followed the announcement of the sale of the majority of the Dutch government's 50.3% stake in the bank to Stichting Pensioenfonds ABP and Stichting Pensioenfonds PGGM, two large Dutch pension funds. The funds are expected to tender for the remainder of the shares, with the Dutch government retaining a 15% stake. Standard&Poor's will meet with the bank and the two new shareholders early in the new year to discuss: -- Any planned changes in the bank's risk

  
Report Type:

Ratings Action

Ticker
NIBNA@NA
Issuer
GICS
Diversified Capital Markets (40203030)
Sector
Global Issuers, Structured Finance
Country
Region
Europe, Middle East, Africa
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Places De Nationale Investeringsbank on Watch Neg" Dec 24, 1998. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Places-De-Nationale-Investeringsbank-on-Watch-Neg-87224>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Places De Nationale Investeringsbank on Watch Neg Dec 24, 1998. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Places-De-Nationale-Investeringsbank-on-Watch-Neg-87224>
  
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