Report
EUR 166.88 For Business Accounts Only

Moody's downgrades Privatbank's senior unsecured debt rating to C from Ca and will then withdraw the rating

Rating Action: Moody's downgrades Privatbank's senior unsecured debt rating to C from Ca and will then withdraw the rating. Global Credit Research- 07 Apr 2017. London, 07 April 2017-- Moody's Investors Service has today downgraded the long-term foreign-currency senior unsecured debt rating of Privatbank to C from Ca.
Underlying
Wiener Privatbank

Wiener Privatbank Immobilieninvest is a holding company. Through its subsidiaries, Kapital & Wert Vermogensverwaltung is engaged in providing consulting and other services in the investment and corporate finance sectors. Some of Kapital & Wert Vermogensverwaltung's subsidiaries are also active in the rental and leasing of real estate.

Provider
Moody's Investors Service
Moody's Investors Service

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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