Moody's assigns ratings to covered bonds transferred to Banco BPM
Action follows the merger of Banca Popolare di Milano and Banco Popolare Societa Cooperativa. London, 10 January 2017-- Moody's assigns A1 rating to former Banca Popolare di Milano's mortgage covered bonds, A1 to former Banco Popolare Societa Cooperativa residential mortgage covered bonds and A2 to former Banco Popolare commercial mortgage covered bonds following merger of BPM with Banco Popolare into Banco BPM SpA. Banca Popolare di Milano S.C. a r.l.- Mortgage Covered Bonds 1:...
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