Achmea ditches S&P in Fitch switch as YBS seeks consent

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Achmea ditches S&P in Fitch switch as YBS seeks consent

Achmea Hypotheekbank has dropped Standard & Poor’s rating of its covered bonds and hired Fitch, while Yorkshire Building Society is seeking bondholder consent to drop S&P from its programme as a result of changes to the rating agency’s swap counterparty criteria.

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