Announcements
Drinks
Instrument data
Issuer
Senority
Senior Secured
Currency
EUR
ISIN
AT0000A1H054
Coupon percent
0%
Coupon type
Floating: Fixed Margin over Index
Instrument volume
5,000,000
Maturity date
05/11/2018
-
WD
Outlook:
N/A
WD
Outlook:
N/A
Latest change
Withdrawal
05/11/2018
General information
Rating
Public
Solicited
With issuer participation
UK endorsed
EU Rated
Withdrawal reason: end of maturity of the debt obligation, or in case the debt is redeemed, called, prefunded, cancelled
Karlo Fuchs
Lead analyst
Guillaume Jolivet
Committee chair
17/7/2018 Rating announcement EN
Scope upgrades Austrian mortgage covered bonds issued by Bank Burgenland and Wüstenrot to AAA
Enhanced clarity on insolvency ranking of Austrian unsecured debt prompts upgrade of the covered bond ratings. Strong credit quality of the cover pools coupled with ongoing high levels of overcollateralisation supports rating uplift.
