Fitch bumps Co-op up to single B following MREL raise

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Fitch bumps Co-op up to single B following MREL raise

Coop_Bank_PA_575x375_19Jan21

Fitch has upgraded the Co-operative Bank's ratings by one notch to a single B, following the issuance of £200m worth of senior debt for the minimum requirements for own funds and eligible liabilities (MREL) last November.

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