Paris - Moody’s downgrades Calyon’s BFSR to C and places it on review for possible downgrade
Aa1 long-term debt and deposit ratings are also placed on review for possible downgrade, Prime-1 short term debt and deposit ratings are affirmed.
Moody’s downgraded today Calyon’s Bank Financial Strength Ratings (BFSR) from C+ to C and placed it on review for possible downgrade.
The bank’s Aa1 long-term debt and deposit ratings were also placed on review for possible downgrade, while Prime-1 short term debt and deposit ratings were affirmed. Credit Agricole SA (CASA)’s BFSR of B and Aa1/Prime-1 debt and deposit ratings were all affirmed with stable outlooks.
– www.theasianbanker.com (December 24 2007)–