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Prospect News home > News index > List of issuers A > Headlines for ABN Amro Bank NV > News item
Published on 3/26/2013 in the Prospect News Investment Grade Daily.

S&P ups ABN Amro securities

Standard & Poor's said it raised its junior subordinated debt ratings on two ABN Amro Bank NV hybrid capital instruments, namely £150 million in upper tier 2 securities and a €1 billion tier 1 instrument, to BBB-.

S&P said the action reflects its view that the risk of coupon suspension for these two hybrid capital instruments has decreased following the March 11 expiration of the European Commission ban on coupon payments and calls on ABN Amro's hybrid capital instruments.


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