S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008 - S&P Global Ratings’ Credit Research

S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008

S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008 - S&P Global Ratings’ Credit Research
S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008
Published Oct 21, 2008
Published Oct 21, 2008
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Abstract:

LONDON (Standard&Poor's) Oct. 21, 2008--Standard&Poor's Ratings Services said today that, correcting a previous omission, it had placed its short-term foreign currency 'A-1+' rating on Barclays PLC on CreditWatch with negative implications, in line with the CreditWatch placement of its local currency ratings. The ratings on Barclays PLC were placed on CreditWatch with negative implications on Sept. 17, 2008, following its announcement that it was to acquire certain businesses from Lehman Brothers Holdings Inc. Due to a clerical error, the short-term foreign currency rating on Barclays PLC was not placed on CreditWatch at this time. Today's CreditWatch placement therefore corrects this omission. We expect to resolve the CreditWatch within the coming weeks. The short-term 'A-1+' ratings on

  
Report Type:

Ratings Action

Ticker
BARC@LN
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008" Oct 21, 2008. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Barclays-PLC-Foreign-Currency-S-T-Rating-Placed-On-Watch-Neg-On-Sept-17-2008-678092>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Barclays PLC Foreign Currency S-T Rating Placed On Watch Neg On Sept. 17, 2008 Oct 21, 2008. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Barclays-PLC-Foreign-Currency-S-T-Rating-Placed-On-Watch-Neg-On-Sept-17-2008-678092>
  
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