Scope cuts DKD Pfandbriefe upon OC silence, ends rating
Posted on 3 August 2018
DKD’s public sector Pfandbriefe were yesterday downgraded from AA- to A+ by Scope, after a decline in OC and a lack of communication from management on its OC plans. The rating – the first Scope assigned a covered bond on a solicited basis – was then withdrawn...
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