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DBRS gives BPER notes BBB, BB
DBRS said it assigned BBB (low) and BB (high) ratings to BPER Banca SpA’s senior non-preferred debt and subordinated debt.
The agency said it expects that any future BPER offerings of senior non-preferred debt and subordinated debt, under the bank’s €6 billion Euro medium term note program, would be rated at these levels.
“The BBB (low) and BB (high) ratings are one notch and two notches respectively below BPER’s BBB long-term issuer rating and long-term senior debt rating, in line with the framework set out in DBRS Morningstar’s ‘Global Methodology for Rating Banks and Banking Organizations,’ dated June 23, 2022,” the agency said in a press release.
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