S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V. - S&P Global Ratings’ Credit Research

S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V.

S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V. - S&P Global Ratings’ Credit Research
S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V.
Published Nov 05, 2009
976 words — Published Nov 05, 2009
Price US$ 150.00  |  Buy this Report Now

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Abstract:

LONDON (Standard&Poor's) Nov. 5, 2009--Standard&Poor's Ratings Services today corrected an error relating to the subordinated guarantor of perpetual capital instruments issued by RBS Capital Funding Trust V, RBS Capital Funding Trust VI, and RBS Capital Funding Trust VII. Following our rating actions on The Royal Bank of Scotland Group PLC (A/Stable/A-1) and its hybrid capital issues on Nov. 3, 2009, the subordinated guarantor of the issues from the above entities was inadvertently misidentified due to an administrative error. We have now rectified this error and the subordinated guarantor is listed as ABN AMRO Holding N.V. (not rated). The ratings on the perpetual capital instruments issued by the trusts are unaffected (please see the Ratings List below

  
Brief Excerpt:

RESEARCH S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V. Publication date: 05-Nov-2009 Primary Credit Analyst: Richard Barnes, London (44) 20-7176-7227; richard_barnes@standardandpoors.com...

  
Report Type:

Ratings Action

Ticker
RBS@LN
Issuer
NatWest Group PLC
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
United Kingdom
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V." Nov 05, 2009. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Guarantor-Of-RBS-Capital-Funding-Trust-V-VI-And-VII-Issues-Corrected-To-ABN-AMRO-Holding-N-V-755480>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Guarantor Of RBS Capital Funding Trust V, VI, And VII Issues Corrected To ABN AMRO Holding N.V. Nov 05, 2009. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Guarantor-Of-RBS-Capital-Funding-Trust-V-VI-And-VII-Issues-Corrected-To-ABN-AMRO-Holding-N-V-755480>
  
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