12.11.2013 19:15:00

Co-Operative Bank Plc -- Moody's affirms Co-operative Bank's ratings following proposed liability-management exercise

London, 12 November 2013 -- Moody's Investors Service has today affirmed the Co-operative Bank plc's Caa1 senior unsecured debt and deposit ratings, and changed the outlook on the rating to negative from developing. The bank's standalone bank financial strength rating (BFSR) was also affirmed at E, which is equivalent to a baseline credit assessment (BCA) of ca.

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