Report
Alessandra Maggiora ...
  • Covadonga Aybar
  • Ketan Thaker

CaixaBank S.A. Covered Bonds (Cédulas Hipotecarias - Mortgages): Surveillance Report

On 15 January 2020, DBRS Morningstar confirmed its AAA ratings on the outstanding Cédulas Hipotecarias (CH or the Spanish mortgage covered bonds) issued under the the CaixaBank S.A. Covered Bonds programme (CaixaBank CH or the Programme). This rating action follows the completion of a full review of the ratings. At the same time, DBRS Morningstar discontinued its rating on Cedulas Hipotecarias - ES0414970402, which matured on 4 June 2019. For insight beyond the ratings, see the surveillance report.
Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
Alessandra Maggiora

Covadonga Aybar

Ketan Thaker

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