| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers I > Headlines for ING Bank of Canada > News item |
Moody's could lift ING Canada
Moody's Investors Service said it placed ING Bank of Canada's Baa1 long-term bank deposit rating and Prime-2 short-term deposit rating on review for upgrade.
The Baa2 rating of ING Bank of Canada's backed subordinated bonds was also placed on review for upgrade.
The standalone bank financial strength rating remains unchanged at C-/Baa1 with a negative outlook.
Moody's said the review follows Bank of Nova Scotia' Aug. 29 announcement that it has entered into a definitive agreement to acquire ING Bank of Canada from ING Bank NV for C$3.1 billion in cash.
© 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.