|
|
Article: S&P Rts Banco Santander Mexicano's Local, Foreign Curr.
- Article from:
- Business Wire
- Article date:
- November 14, 1997
CopyrightCOPYRIGHT 1997 Business Wire. 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)
|
NEW YORK--(BUSINESS WIRE)--Standard & Poor's CreditWire 11/14/97 -- Standard & Poor's today assigned its double-'B'-plus long-term and single-'B' short-term local currency counterparty credit ratings to Banco Santander Mexicano S.A. At the same time, Standard & Poor's assigned its double-'B' long-term and single-'B' short-term foreign currency counterparty credit ratings to the bank. The foreign currency rating is constrained by the United Mexican States' (UMS) double-'B' foreign currency rating.
The outlook on the local currency rating is stable. The outlook on the foreign currency rating is positive.
In December of 1996, Standard & Poor's ...