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28.05.2015 13:58:00
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Moody's: No rating impact on covered bonds issued by Clydesdale Bank plc following proposed amendment
London, 28 May 2015 -- Moody's Investors Service has announced today that the proposed amendment to reference either, Clydesdale Bank plc's short-term and the long-term senior unsecured ratings, if available or alternatively the short-term and long term deposit ratings (Prime-2, Baa2 on review for upgrade) in its transaction documents would not, in and of itself and as of this time, result in the downgrade or withdrawal of the Aa1 (on review for upgrade) ratings on the covered bonds issued by Clydesdale.
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