Illimity, Moody’s assigns ratings for the first time

illimity Intesa lowers target price and confirms Buy

(Finance) – The rating agency Moody’s Investors Service has assigned ratings to for the first time illimity Bank. In particular, the long and short term ratings on deposits are placed at “Baa3” and “Prime-3” respectively, in the investment grade area.

The long-term ratings on senior debt and issuer both stand at “Ba1” with a stable outlook.

tlb-finance