Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for Nomos-Bank > News item |
Fitch: Nomos on watch
Fitch Ratings said it has placed Nomos-Bank's ratings, including its long-term issuer default rating of BB, on rating watch negative.
At the same time, the agency has assigned Otkrytie Bank a long-term issuer default rating of B and simultaneously put the rating on rating watch positive.
The watch on Nomos's ratings follows the announcement at the end of last week that Otkritie Financial Corp. has reached an agreement with Nomos's core shareholders to acquire their combined 58.5% stake in the bank, the agency said.
The parties expect this transaction to be completed within the next few weeks.
© 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.