Moody's upgrades three German banks' senior-senior securities previously classified as senior unsecured debt
Frankfurt am Main, December 23, 2016-- Moody's Investors Service has today reclassified 10 unsecured bank debt securities issued by Bayerische Landesbank, Commerzbank AG and Landesbank Baden-Wuerttemberg to "Senior-senior unsecured" from "Senior unsecured", and upgraded their ratings by one notch to A1 in case of BayernLB, by two notches to A2 in case of Commerzbank AG, and by one notch to Aa3 in the case of LBBW. The 10 affected bonds are:. Bayerische Landesbank DE000BLB3CL8...
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