Ratings On Shinsei Financial Affirmed At #BBB-/A-3#, Then Withdrawn At Company#s Request

Stocks and Financial Services Press Releases Monday December 19, 2016 17:23
TOKYO--19 Dec--S&P Global Ratings

TOKYO (S&P Global Ratings) Dec. 19, 2016--S&P Global Ratings today said that it has affirmed its 'BBB-' long-term and 'A-3' short-term counterparty credit ratings on Shinsei Financial Co. Ltd. We then withdrew the ratings at the company's request. The outlook on the long-term rating was stable at the time of withdrawal.

Shinsei Financial is a subsidiary of Shinsei Bank Ltd. We regard Shinsei Financial as a highly strategic subsidiary of the Shinsei Bank group. Our long-term counterparty credit rating on Shinsei Financial was one notch lower than the 'bbb' stand-alone credit profile of Shinsei Bank.


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