Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria

Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria
Published Feb 19, 2010
1802 words — Published Feb 19, 2010
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Abstract:

Standard&Poor's Ratings Services lowered the short-term component of its rating on 26 Allied Irish Banks PLC letter of credit facility-backed issues to 'A-2' from 'A-1', and removed the ratings from CreditWatch with negative implications. This action follows Standard&Poor's Jan. 26, 2010, downgrade of Allied Irish Banks PLC to 'A-/A-2' from 'A/A-1', and the removal of the rating from CreditWatch with negative implications. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 Criteria: Joint Support Criteria Update, April 22, 2009 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007

  
Brief Excerpt:

RESEARCH Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria Publication date: 19-Feb-2010 Primary Credit Analyst: Ryan Butler, New York (1) 212-438-2122; ryan_butler@standardandpoors.com...

  
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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. "Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria" Feb 19, 2010. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-26-Allied-Irish-Banks-PLC-LOC-Backed-Issued-Lowered-To-A-2-Joint-Criteria-776500>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Ratings On 26 Allied Irish Banks PLC LOC-Backed Issued Lowered To 'A-2'; Joint Criteria Feb 19, 2010. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-26-Allied-Irish-Banks-PLC-LOC-Backed-Issued-Lowered-To-A-2-Joint-Criteria-776500>
  
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