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Article: Standard & Poor's Raises San Paolo IMI's Long-Term Rating to A+; IMI Withdrawn.
- Article from:
- PR Newswire
- Article date:
- November 3, 1998
CopyrightCOPYRIGHT 1998 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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PARIS, Nov. 3 Standard & Poor's today raised its long-term counterparty credit ratings on San Paolo IMI SpA (formerly Istituto Bancario San Paolo di Torino SpA) and related entities to single-'A' -plus from single- 'A' and affirmed their 'A-1' short-term ratings. The ratings have been removed from CreditWatch Positive where they had been placed on Feb. 12, 1998. At the same time, Standard & Poor's lowered its long-term ratings on Istituto Mobiliare Italiano SpA (IMI) and related entities to single- 'A' -plus from double- 'AA' -minus and removed them from CreditWatch Negative, where they had been placed on Feb. 12, 1998. In a related action, Standard & Poor's withdrew ...
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Article: Salomon and San Paolo announce cooperation ...
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... ... 30 A.M., EDT, TODAY/ SALOMON AND SAN PAOLO ANNOUNCE COOPERATION AGREEMENT /ADVANCE ... has been signed with Istituto Bancario San Paolo di Torino, the Turin based Italian banking ... finance. It also includes an agreement for San Paolo's purchase of up to 5 percent of the ...
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