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Article: DUFF & PHELPS: BANKERS TRUST NEW YORK CORPORATION & BANKERS TRUST COMPANY SENIOR DEBT, SUBORDINATED DEBT & PREFERRED STOCK RATINGS LOWERED
- Article from:
- PR Newswire
- Article date:
- March 13, 1995
CopyrightCOPYRIGHT 1995 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Commercial Paper and Short-Term Obligation Ratings Reaffirmed
CHICAGO, March 13 /PRNewswire/ -- Duff & Phelps Credit Rating Co. has lowered the ratings of Bankers Trust New York Corporation and its subsidiary bank Bankers Trust Company as follows: the senior debt of Bankers Trust New York Corporation is lowered to "A+" (Single-A-Plus) from "AA-" (Double-A-Minus); subordinated notes to "A" (Single-A) from "A+" (Single-A-Plus) and preferred stock to "A-" (Single-A-Minus) from "A" (Single-A). The long-term obligation rating of Bankers Trust Company is lowered to "AA-" (Double-A-Minus) from "AA" (Double-A). The commercial paper rating for Bankers Trust New York ...