Moody's upgrades Banco Sabadell's deposit rating to Baa2 and senior debt rating to Baa3; outlook stable
Madrid, December 01, 2016-- Moody's Investors Service has today upgraded the following ratings and assessments of Banco Sabadell, S.A. and its supported entities: the deposit ratings to Baa2/Prime-2 from Baa3/Prime-3; the senior debt ratings to Baa3 from Ba1; the subordinated debt rating to Ba3 from B1; the preference shares to B3 from Caa1; the baseline credit assessment and adjusted BCA to ba2 from ba3; and the Counterparty Risk Assessment to Baa2/ Prime-2 from Baa3/ Prime-3.
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