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S&P rates Fubon Bank Hong Kong 2020 notes at BBB.

Europe Intelligence Wire

| November 22, 2010 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Banking and Credit News)

BANKING AND CREDIT NEWS-November 22, 2010--S&P rates Fubon Bank Hong Kong 2020 notes at BBB (C)2010 M2 COMMUNICATIONS http://www.m2.com

22 November 2010 - S&P today set a BBB rating to the planned 10-year notes offer by Fubon Bank (Hong Kong) Ltd (HKG:0636).

The issue rating is one step below the BBB+ long-term rating of the bank due to its subordinated nature, …

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