S&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008 - S&P Global Ratings’ Credit Research

S&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008

S&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008 - S&P Global Ratings’ Credit Research
S&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008
Published Dec 24, 2008
Published Dec 24, 2008
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Abstract:

PARIS (Standard&Poor's) Dec. 24, 2008--Standard&Poor's Ratings Services today corrected an administrative error relative to Belgium-based Fortis Bank SA/NV (Fortis Bank Belgium, FBB; A/Watch Pos/A-1). On Oct. 6, 2008, we placed the long- and short-term counterparty credit ratings and the senior unsecured debt ratings on FBB on CreditWatch with positive implications. However, the CreditWatch placements of the senior unsecured debt ratings in the list below were inadvertently not updated in our database. Today's press release corrects this by adding the CreditWatch positive status for these senior unsecured debt issues. RATINGS LIST To From CreditWatch Action €200 mil. floating rate medium-term notes due 2009 A/Watch Pos A €25 mil. zero coupon medium-term notes due 2025 A/Watch Pos A

  
Report Type:

Ratings Action

Ticker
FBAVP@BB
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&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008" Dec 24, 2008. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Fortis-Bank-SA-NV-A-Rated-Senior-Unsecured-Debt-On-Watch-Positive-Oct-6-2008-693126>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Fortis Bank SA/NV 'A' Rated Senior Unsecured Debt On Watch Positive Oct. 6, 2008 Dec 24, 2008. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Fortis-Bank-SA-NV-A-Rated-Senior-Unsecured-Debt-On-Watch-Positive-Oct-6-2008-693126>
  
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