2023 2024 Student Forum > Management Forum > Entrance Exams > Indian Overseas Bank MTN

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Topic Review (Newest First)
19th December 2015 03:13 PM
Kiran Chandar
Re: Indian Overseas Bank MTN

Here as per your demand I am telling you rating of the Indian Overseas Bank after raise $2 bn through MTN

-Long-term Local and Foreign currency Bank Deposit ratings affirmed at Ba1; outlook changed to Negative from Stable
-Short-term Foreign currency Bank Deposit ratings affirmed at NP
-Other Short-term rating affirmed at (P)NP
-Senior Unsecured MTN program rating affirmed at (P)Ba1
-Subordinate MTN program rating downgraded to (P)B3 from (P)B2
-Junior Subordinate MTN program rating downgraded to (P)Caa1 from (P)B3
-BCA and Adjusted Baseline Credit Assessment downgraded to b3 from b2
-Counterparty Risk Assessment affirmed at Ba1(cr)/NP(cr)
-Indian Overseas Bank, Hong Kong Branch

Other Short-term rating affirmed at (P)NP
-Senior Unsecured debt rating affirmed at Ba1; outlook changed to Negative from Stable
-Senior Unsecured debt rating affirmed at (P)Ba1
-Senior Unsecured MTN program rating affirmed at (P)Ba1
-Subordinate MTN program rating downgraded to (P)B3 from (P)B2
-Junior Subordinate MTN program rating downgraded to (P)Caa1 from (P)B3
-Counterparty Risk Assessment affirmed at Ba1(cr)/NP(cr)
-Indian Overseas Bank, headquartered in Chennai, reported total assets of INR 2.85 trillion at 30 September 2015.
19th December 2015 02:40 PM
Unregistered
Indian Overseas Bank MTN

Hello sir, will you please tell me the rating of the Indian Overseas Bank after raise $2 bn through MTN??

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