18 March 2011 -- Moody's has rated at B1 two senior bond issues and at B2 two
subordinate bond issues of Kazakh lender Eurasian Bank.
Standard Chartered successfully also arranged a BDT 2 billion
subordinate bond for Dhaka Bank Limited.
* If tighter spreads on
subordinate bonds have pushed down pricing in the origination market, and originators of loans destined for securitization are far more willing to hold this paper than they were two years ago, aren't loan originators significantly exposed to the risk of a change in tastes among
subordinate bond buyers?
Global Banking News-5 March 2010-La Caixa raises 10-year
subordinate bond issue(C)2010 ENPublishing - http://www.enpublishing.co.uk
This cushion is higher for the senior bonds, supporting the one notch rating distinction from the
subordinate bonds.
Global Banking News-September 23, 2014--Bancolombia to issue USD501m in subordinate bonds
The bank's subordinate bonds have an AA+ rating from Fitch Ratings.
announced Friday it will raise about 250 billion yen by issuing
subordinate bonds to U.S., European and Asian institutional investors this month to return part of the 3.1 trillion yen in public funds it owes to the government.
The two-notch ratings distinction between the senior and
subordinate bonds reflects the deeply subordinated nature of the
subordinate bonds and a weaker security package.
