S&P worsens its vision of Bankinter by wanting to take the Hotline
S&P worsens its vision of Bankinter by wanting to take the Hotline
The S&P Global agency has confirmed all Bankinter credit ratings (MC: BKT) following the announcement of the entity that it will take Direct Line on the stock exchange, and will give the bank’s shareholders 82, 6% of the insurer’s capital, however, the outlook goes from stable to negative.
In a relevant event referred to the National Securities Market Commission (CNMV) this morning, the bank that María Dolores Dancausa directs communicates the decision of S&P Global, which arrives a few days after the announcement of the stock market debut of Línea Directa.
Last Thursday, Bankinter announced after the market closing its intention to take out its insurer Línea Directa, valued at 1,434 million, in an operation in which the bank’s shareholders would become owners of 82.6% of the insurer.
