KCS
01/10/2014 11:42
CREDIT
REL: 1142 HRS Kiwi Capital Securities Limited
CREDIT: KCS: Standard & Poor's Rating Announcement
Standard & Poor's (Australia) Pty Limited has downgraded the rating assigned
to the perpetual callable non-cumulative preference shares issued by Kiwi
Capital Securities Limited from BB+ to BB, following a revision to their
rating methodology
There has been no change to Kiwibank Limited's long-term senior unsecured
rating, which remains at A+ with a negative outlook, or short-term rating,
which remains at A-1.
End CA:00255956 For:KCS Type:CREDIT Time:2014-10-01 11:42:10
