S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB' - S&P Global Ratings’ Credit Research

S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB'

S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB' - S&P Global Ratings’ Credit Research
S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB'
Published Jan 12, 2009
Published Jan 12, 2009
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About This Report

  
Abstract:

LONDON (Standard&Poor's) Jan. 12, 2009--Standard&Poor's Ratings Services today corrected an administrative error relating to a preference share issued by U.K.-based The Royal Bank of Scotland Group PLC (RBSG; A/Stable/A-1). A RBSG £200 million 7.387% noncumulative sterling preference share, Series 1, issued in 2000, was inadvertently entered twice into our database at that time. As a result immediately prior to this correction release, we had assigned both a correct 'BBB' rating and an incorrect 'A' rating. The preference share, however, maintains the 'BBB' rating and we have corrected our database by removing the 'A' rating. RATINGS LIST £200 million 7.387% noncumulative sterling preference share, Series 1 Issued in 2000 BBB

  
Report Type:

Ratings Action

Ticker
RBS@LN
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB'" Jan 12, 2009. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Royal-Bank-of-Scotland-Group-200-Million-Preference-Share-Series-1-Rated-BBB-695589>
  
APA:
S&P Global Ratings’ Credit Research. (). S&PCORRECT: Royal Bank of Scotland Group £200 Million Preference Share, Series 1 Rated 'BBB' Jan 12, 2009. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-PCORRECT-Royal-Bank-of-Scotland-Group-200-Million-Preference-Share-Series-1-Rated-BBB-695589>
  
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