12.07.2016, 23:20
Fitch: Pembridge Square GIC Provider Novation Not Expected to Impact Ratings
OREANDA-NEWS. Fitch Ratings has received notice that Pembridge Square Finance Ltd. is seeking to change their Guaranteed Investment Contracts (GIC) provider to KBC Bank NV (London branch) from KBC Bank NV (Belgium). KBC Bank NV's Long-Term Issuer Default Rating is 'A-'/Outlook Positive.
Fitch does not expect this change in and on itself to have any impact on the assigned ratings.
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