Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Wells Fargo & Co. > News item |
S&P reinstates Wells preferreds at A-
Standard & Poor's said that it reinstated its A- ratings on Wells Fargo & Co.'s trust-preferred securities Corestates Capital I, II, and III.
In June 2009, the agency said it withdrew the ratings based on inaccurate information that the issues had been redeemed.
Recently, however, S&P said it learned that they were still outstanding, and reinstated the ratings.
© 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.