E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/1/2011 in the Prospect News Investment Grade Daily.

Fitch affirms HSBC USA

Fitch Ratings said it affirmed the long- and short-term issuer default rating of HSBC USA Inc. and its bank subsidiary HSBC Bank USA, NA at AA and F1+, respectively.

The outlook is stable.

The affirmation reflects the strength of the company's financial profile and the support derived from its ultimate parent company, HSBC Holdings plc (AA/F1+), according to the agency.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.