Tuesday, May 1, 2012

Reuters: Financial Services and Real Estate: TEXT-S&P assigns 'BBB+' rtg to RHB Bank's MTN drawdown

Reuters: Financial Services and Real Estate
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TEXT-S&P assigns 'BBB+' rtg to RHB Bank's MTN drawdown
May 2nd 2012, 03:19

Tue May 1, 2012 11:19pm EDT

May 2, 2012--Standard & Poor's Ratings Services today assigned its 'BBB+' issue rating to the issue of senior notes by RHB Bank Bhd. (BBB+/Stable/A-2; axA+/axA-1). The notes are a drawdown from the bank's existing US$500 million euro medium-term notes program. The notes shall rank pari passu with other direct, unsecured and subordinated obligations of the issuer.

-- Banks: Rating Methodology And Assumptions, Nov. 9, 2011

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