Fitch rates AIB Group program BBB-

Fitch Ratings said it assigned AIB Group plc's €10 billion euro medium-term note program a BBB- long-term rating and a F3 short-term rating.

The ratings of the program apply only to senior unsecured issuance issued by AIB Group.

Fitch said the ratings are driven by, and equalised with AIB Group's long- and short-term issuer default ratings. In the agency’s view, the likelihood of default on the senior unsecured notes under the program reflects the likelihood of default of the bank.

© 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.