Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Export Import Bank of India > News item |
Moody's: Export-Import Bank of India notes Baa3
Moody's Investors Service said it assigned a Baa3 rating to Export-Import Bank of India's, acting though its London Branch, proposed issuance of Singapore dollar Regulation S fixed-rate senior unsecured notes under its $2.5 billion euro medium-term note program.
Moody's said the rating reflects the status of the notes as senior unsecured obligations of the bank.
In accordance with Moody's government-related issuer rating methodology, the Baa3 foreign currency issuer and senior unsecured debt ratings of the bank reflect the combination of the following inputs: (a) a baseline credit assessment of 12, which maps to Ba2 on long-term scale; (b) a high level of government support; and (c) the Baa3 sovereign bond rating as systemic support indicator.
© 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.