DBRS Discontinues 6.25% Subordinated Notes of ABN AMRO Bank
Banking OrganizationsDBRS Ratings Limited (DBRS) discontinued the rating on the 6.25% Subordinated Notes due 2022 (ISIN XS0827817650) following the announcement by ABN AMRO Bank N.V. to exercise its right to redeem the Notes in full on September 13, 2017.
Notes:
All figures are in Euros unless otherwise noted.
The principal applicable methodology is the Global Methodology for Rating Banks and Banking Organisations (May 2017). This can be found at: http://www.dbrs.com/about/methodologies
The sources of information used for this rating include company documents. DBRS considers the information available to it for the purposes of providing this rating to be of satisfactory quality.
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For further information on DBRS historical default rates published by the European Securities and Markets Authority (“ESMA”) in a central repository, see:
http://cerep.esma.europa.eu/cerep-web/statistics/defaults.xhtml.
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Lead Analyst: Elisabeth Rudman, Managing Director, Head of EU FIG - Global FIG
Rating Committee Chair: William Schwartz, Senior Vice President, Global Credit Policy
Initial Rating Date: June 25, 2010
Most Recent Rating Update: Jul 27, 2017
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