E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers A > Headlines for AIB Group plc > News item
Published on 10/30/2019 in the Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch ups AIB Group

Fitch Ratings said it upgraded AIB Group plc’s long-term issuer default rating to BBB from BBB- and its main operating bank subsidiary Allied Irish Banks plc’s long-term IDR to BBB+ from BBB-.

The upgrade comes after an improvement in asset quality over the last two years as well a sustained reduction in legacy loan problems, Fitch said.

The outlooks are stable.


© 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.