02.09.2014 19:05:00
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Moody's: No rating impact on Clydesdale's covered bond programme, following proposed amendments
Madrid, September 02, 2014 -- Moody's Investors Service said today that certain proposed amendments to the contractual documents would not, in and of themselves and at this time, result in the downgrade or withdrawal of the Aa1 ratings assigned to the bonds issued under the covered bond programme of Clydesdale Bank (Clydesdale, deposits Baa2 stable, standalone bank financial strength rating D+; adjusted baseline credit assessment baa2).