S&P rates Banco de Credito e Inversiones notes A

S&P said it assigned its A issue-level rating to Banco de Credito e Inversiones’ CHF105 million senior unsecured medium-term notes due 2025.

The rating mirrors the pari passu ranking with the bank’s other senior unsecured debt obligations and is the same as the long-term issuer credit rating on the bank.

Proceeds will be used for general corporate purposes.

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