S&P Global Ratings assigns "BBB+" (Local Currency LT credit rating) to HSBC Mexico; outlook stable

July 25, 2017 - CBonds

 

S&P Global Ratings assigned Local Currency LT credit rating of "BBB+" to HSBC Mexico on July 19, 2017. The outlook is stable.
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Issuer: HSBC Mexico
Issuer profile:
HSBC Mexico was established in 1941 and is a subsidiary of the British financial services multinational HSBC. It offers banking services to personal and business clients. The range of products that i... more
Outstanding issues:
1 issuesUSD196,706,100
10 issuesMXN17,836,390,900
1 issuesUDI1,384,183,100
Issuer rating:
Moody's Investors ServiceBaa2/StableLT- foreign currency06/30/2016
Moody's Investors ServiceBaa2/StableLT- local currency06/30/2016
S&P Global RatingsBBB+/StableForeign Currency LT07/19/2017
S&P Global RatingsBBB+/StableLocal Currency LT07/19/2017
Fitch RatingsA/StableLT Int. Scale (foreign curr.)08/09/2017
Fitch RatingsA/StableLT Int. Scale (local curr.)08/09/2017
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