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Published on 12/14/2012 in the Prospect News Convertibles Daily.

DBRS rates Banco Sabadell senior obligations A

DBRS said it has assigned a rating of A (low) with a negative trend to various senior obligations issued by Banco de Sabadell, SA or entities absorbed by Banco Sabadell.

At the same time, DBRS said it has assigned a final rating of A (low) with a negative trend to various senior obligations issued by CAM Global Finance SAU and CAM Global Finance, now guaranteed by Banco Sabadell.

This assignment, the agency said, reflects the senior unsecured long-term debt & deposit rating of A (low) with a negative trend assigned on Nov. 19.


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