Moody's Ratings assigns first-time Baa2 deposit and issuer ratings to Paragon Bank, and Baa3 issuer ratings to Paragon Banking Group, outlook stable
Moody's Ratings (Moody's) today assigned first-time long-term issuer ratings of Baa3 to Paragon Banking Group PLC (PBG) and long- and short-term deposit and issuer ratings of Baa2/P-2 to Paragon Bank Plc (Paragon Bank). We also assigned a Baseline Credit Assessment (BCA) and an Adjusted BCA of baa2,...
Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:
- 130 countries
11,000 corporate issuers
21,000 public finance issuers
76,000 structured finance obligations
Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.
Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions.
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