01.06.2015 18:30:00
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Moody's reviews Novo Banco's mortgage covered bonds with direction uncertain
Madrid, June 01, 2015 -- Moody's Investors Service has today placed on review with direction uncertain the ratings on the mortgage covered bonds issued by Novo Banco S.A. (Novo Banco; deposits B2 on review with direction uncertain, adjusted baseline credit assessment (BCA) caa2), following the rating agency's decision to place the issuer's long-term deposit rating on review with direction uncertain.