Moody's Investors Service downgrades LT- local currency credit rating of Standard Chartered Bank (Hong Kong) to "A1"; outlook stable

May 03, 2017 - CBonds

 

Moody's Investors Service downgraded from "Aa3" to "A1" the LT- local currency credit rating of Standard Chartered Bank (Hong Kong) on May 2, 2017. The outlook is stable.
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Issuer: Standard Chartered Bank (Hong Kong)
Issuer profile:
Standard Chartered Bank (Hong Kong) Limited is a licensed bank incorporated in Hong Kong, part of Standard Chartered Bank. An office tower, the Standard Chartered Bank Building, in Des Voeux Road, Ce... more
Outstanding issues:
7 issuesUSD1,341,253,327
1 issuesAUD500,000,000
Issuer rating:
Moody's Investors ServiceA1/StableLT- foreign currency05/02/2017
Moody's Investors ServiceA1/StableLT- local currency05/02/2017
S&P Global RatingsA+/StableForeign Currency LT11/24/2016
S&P Global RatingsA+/StableLocal Currency LT11/24/2016