S&P outlook revision on Australian major banks

ANZ today confirmed S&P Global Ratings (S&P) has revised the outlook on the long-term issuer credit rating for the Commonwealth of Australia to negative from stable.

As a result of the sovereign action, S&P has also revised the credit rating outlook of the Australian major banks, including ANZ, to negative from stable.

S&P reaffirmed ANZ’s ‘AA-’ long-term and ‘A-1+’ short term issuer credit ratings.

S&P also reaffirmed all the ratings on debt issued by ANZ, including senior and subordinated debt and hybrid Tier 1 capital instruments.

Source: ANZ Limited Market Realease 

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

December 30th Morning Report
CHATHAM ROCK CLOSES PRIVATE PLACEMENT
December 29th Morning Report
December 24th Morning Report
Spark NZ announces new receivables financing structure
December 22nd Morning Report
TRU - Commercial Opportunities for Western Europe and Middle East
GEN - General Capital Subsidiary Credit Rating Update
Fonterra updates 2025/26 season Farmgate Milk Price
FRW - Acquisition of VT Freight Express