London, 05 August 2013 -- Moody's Investors Service has said today that the lowering of various rating triggers will not, in and of itself and at this time, result in a downgrade or withdrawal of the current Baa2 ratings of the covered bonds issued by Banco Popolare Societa Cooperativa (deposits Ba3 negative outlook, standalone bank financial strength rating E+ / baseline credit assessment BCA b3 negative outlook).
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