Coventry Building Society -- Moody's affirms Coventry Building Society's ratings with stable outlook

London, 06 May 2016 -- Moody's Investors Service has today affirmed the a3 Baseline Credit Assessment (BCA)/adjusted BCA of Coventry Building Society (Coventry). Concurrently, the rating agency has affirmed its long- and short-term deposit ratings at A2/P-1, its senior unsecured rating at A2/(P)A2, its subordinated debt rating at (P)Baa1, and its preference stock rating at Baa3(hyb). The outlook on the long term deposit and senior unsecured debt ratings was changed to stable from positive. Coventry's Counterparty Risk Assessment was also affirmed at Aa3(cr)/P-1(cr).

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