Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Barclays plc > News item |
S&P affirms Barclays
S&P said it affirmed its BBB/A-2 long- and short-term issuer credit ratings on Barclays plc.
The outlook is stable.
At the same time, the agency affirmed the ratings on the main operating companies, Barclays Bank plc, the non-ringfenced bank, and Barclays Bank UK plc, the ringfenced bank, as well as other core entities of the group.
S&P affirmed the ratings on the hybrid instruments issued by Barclays and Barclays Bank.
“The ratings on Barclays reflect its significant business and geographic diversification and solid balance sheet profile, offset by a relatively weak and inconsistent earnings track record,” S&P said in a news release.
© 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.