Moody's: No rating impact on Nordea Bank AB's subordinated debt and AT1 notes, following draft amendments to terms and conditions
Announcement: Moody's: No rating impact on Nordea Bank AB's subordinated debt and AT1 notes, following draft amendments to terms and conditions. Global Credit Research- 07 Nov 2017. London, 07 November 2017-- Moody's Investors Service announced today that the proposed amendments to Nordea Bank AB's terms and conditions for 12 subordinated debt and Additional Tier 1 capital instruments, as announced today, would not, in and of itself and as of this time, result in a change of the...Nordea Bank is a financial services group based in Sweden. Co. has three business areas: retail banking, wholesale banking, and wealth management. Retail banking conducts a full service banking operation and serves household and corporate customers in the Nordic markets as well as the Baltic countries. Wholesale banking provides banking and other financial solutions to large Nordic and international corporate, institutional and public companies. Wealth management provides investment, savings and risk management products. It also manages customers' assets and provides financial advice to individuals and institutional investors.
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