Fitch rates Mashreqbank floater A-

Fitch Ratings said it assigned an A- long-term rating to Mashreqbank's $500 million subordinated floating-rate notes due 2017, which are to be issued under the bank's $2 billion euro medium-term note program.

The bank has an A issuer default rating, F1 short-term rating, C individual rating, 1 support rating and stable outlook.

© 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.