The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating - S&P Global Ratings’ Credit Research

The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating

The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating - S&P Global Ratings’ Credit Research
The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating
Published Mar 06, 2012
Published Mar 06, 2012
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About This Report

  
Abstract:

SINGAPORE (Standard&Poor's) March 6, 2012--Standard&Poor's Ratings Services today assigned its 'A-' issue rating and 'cnAA' Greater China scale credit rating to the issue of subordinated notes by The Bank of East Asia Ltd. (BEA: A/Stable/A-1; cnAA+/cnA-1). The notes are a drawdown from the bank's existing US$3 billion medium-term notes program. The notes are an unsecured and subordinated obligation of BEA and will rank pari passu with all other unsecured and subordinated obligations of the bank. RELATED CRITERIA AND RESEARCH Banks: Rating Methodology And Assumptions, Nov. 9, 2011

  
Report Type:

Ratings Action

Ticker
23@HK
Issuer
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Region
Emerging Markets
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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating" Mar 06, 2012. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/The-Bank-of-East-Asia-Ltd-s-MTN-Drawdown-Assigned-A-Rating-942348>
  
APA:
S&P Global Ratings’ Credit Research. (). The Bank of East Asia Ltd.'s MTN Drawdown Assigned 'A-' Rating Mar 06, 2012. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/The-Bank-of-East-Asia-Ltd-s-MTN-Drawdown-Assigned-A-Rating-942348>
  
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