trending Market Intelligence /marketintelligence/en/news-insights/trending/lbcn1fb25pn5dc2pne6bfw2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Moody's assigns long-term issuer rating to Permanent TSB Group

Street Talk Episode 41 - How to Win the Funding Battle, Use Fintech to Play Offense

Forward Spark Spreads Suggest Rising Profitability Of US Renewables As Sector Matures

MA Activity The Big Story In Mature Online Video Platform Market

Martina Cheung Backs The Quality Program


Moody's assigns long-term issuer rating to Permanent TSB Group

Moody's on Dec. 20 assigned Permanent TSB Group Holdings Plc a Caa1 long-term issuer rating with a positive outlook.

The rating is based on the consolidated loss-given failure analysis with the company's main operating company, Permanent TSB Plc.

While assigning the rating, Moody's said it assumes that in countries subject to the EU's Bank Recovery and Resolution Directive, such as Ireland, if a holding company forms part of the same resolution as the bank, holding company senior obligations benefit from the subordination of bank subordinated instruments, as well as holding company subordinated instruments.

Moody's also assigned a "low" government support probability to the issuer rating of Permanent TSB Group Holdings.