CARIGE

(redirected from Cassa di Risparmio di Genova)
AcronymDefinition
CARIGECassa di Risparmio di Genova (Italian Bank)
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References in periodicals archive ?
- Cassa di Risparmio di Genova e Imperia's (Carige, CCC+/c) soft-bullet mortgage covered bonds (Obbligazioni Bancarie Garantite, OBG) at 'BBB+' and removed them from Rating Watch Negative (RWN).
All else being equal, the 'BBB+' rating of the soft-bullet OBG issued by Banca Carige - Cassa di Risparmio di Genova e Imperia's OBG would be vulnerable to a downgrade if any of the following occurs: (i) Carige's Long-Term Issuer Default Rating is downgraded by one notch or more; or (ii) the relied-upon AP, which is disclosed in the investor report, rises above Fitch's 'BBB+' breakeven AP of 90.5%
- Cassa di Risparmio di Genova e Imperia (Carige, B-/Negative/B) as follows:
All else being equal, the 'BBB+' rating of the soft bullet OBG issued by Banca Carige - Cassa di Risparmio di Genova e Imperia would be vulnerable to a downgrade if any of the following occurs: (i) Carige's Long-Term Issuer Default Rating (IDR) is downgraded to 'CCC' or below; or (ii) the relied-upon AP, which is disclosed in the investor report, rises above Fitch's 'BBB+' breakeven AP of 92.5%.
- Cassa di Risparmio di Genova e Imperia 's (Carige; B-/Negative/B/b-) planned subordinated debt issue an expected long-term rating of 'CCC(EXP)' and a Recovery Rating of 'RR6'.
- Cassa di Risparmio di Genova e Imperia's (Carige, B-/Negative/B) soft bullet mortgage covered bonds (Obbligazioni Bancarie Garantite, OBG) at 'BBB+' and removed them from Rating Watch Negative (RWN).
- Cassa di Risparmio di Genova e Imperia's (Carige, B-/RWN/B/RWN) soft bullet mortgage covered bonds' (Obbligazioni Bancarie Garantite, OBG) 'BBB+' rating on Rating Watch Negative (RWN).