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Ann: CREDIT: ANB: Standard & Poor's raises ra

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    • Release Date: 08/10/12 10:30
    • Summary: CREDIT: ANB: Standard & Poor's raises rating
    • Price Sensitive: No
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    ANB
    08/10/2012 08:30
    CREDIT
    
    REL: 0830 HRS ANZ National Bank Limited
    
    CREDIT: ANB: Standard & Poor's raises rating
    
    Standard & Poor's raises rating
    
    On 5 October 2012 Standard & Poor's Rating Services announced that it has
    raised its ratings on 38 hybrid capital instruments issued by eight
    Australian banking groups and their subsidiary companies; and at the same
    time removed them from CreditWatch with positive implications, where they
    were placed on September 7, 2012.
    
    This rating action follows a statement by the Australian Prudential
    Regulation Authority (APRA) on September 28, 2012, concerning the release of
    its Basel III capital reform package.
    
    The rating action for ANZ National Bank Limited is as follows:
    
    o ANBHA- Junior Subordinated (1 issue): from  BBB/WatchPos  to BBB+
    
    Paul Daley
    Treasurer
    Email: [email protected]
    End CA:00228192 For:ANB    Type:CREDIT     Time:2012-10-08 08:30:17
    				
 
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