Moody’s affirmed ratings; outlook to “Negative” from “Stable”
Today Moody’s Investors Service affirmed Rabobank’s long-term deposit and senior unsecured debt ratings of “Aa2”. Moody’s revised the outlook on the long-term deposit and senior unsecured debt ratings to “Negative” from “Stable”.
According to Moody’s the affirmation ‘incorporates the expected improvements resulting from the bank’s ongoing restructuring programme while the negative outlook reflects the execution risks inherent to the transformation’.
Please find below a link to the credit ratings page of Rabobank’s IR website where you can access the press release issued by Moody’s. The full rating report will be available in due course.