04.07.2013 19:14:00
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Moody's downgrades Banco Popular's covered bonds to Baa2
Madrid, July 04, 2013 -- Moody's Investors Service has today downgraded to Baa2 from A3 on review for downgrade the mortgage and public-sector covered bond ratings issued by Banco Popular Espanol, S.A. (deposits Ba3 negative, standalone bank financial strength rating E+/baseline credit assessment b1 negative).