Company News Summary
Commonwealth Bank of Australia Advises Moody's Investors Service Outlook
Original announcement: Moodys Outlook Announcement
Commonwealth Bank of Australia announced that long-term senior unsecured rating has been affirmed at Aa2 by Moody's, but moved from stable outlook to negative outlook. The Company's short-term ratings have not changed. Moody's outlook change affects the four Australian major banks and Members Equity Bank, and encompasses their view on the likely rating direction over the next 12-18 months.
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