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30.06.2016 23:46:00
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HSBC Mexico, S.A. -- Moody's downgrades HSBC Mexico's intrinsic strength to ba3 and deposits to Baa2; stable outlook
Mexico, June 30, 2016 -- Moody's de Mexico lowered HSBC Mexico, S.A.'s standalone baseline credit assessment (BCA) to ba3, from baa3, and downgraded the long- and short-term local currency deposit and senior debt ratings to Baa2/Prime-2 from A2/Prime-1. The long-term foreign currency deposit rating was downgraded two notches to Baa2. The outlook on these ratings is stable.
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