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Erste Group Bank AG -- Moody's assigns new (P)Baa1 junior senior unsecured debt programme rating to Erste Group Bank AG

Moody's Investors Service (Moody's) has today assigned a (P)Baa1 junior senior unsecured MTN programme rating to the Debt Issuance Programme (DIP) of Erste Group Bank AG (Erste). This rating action follows Erste's update of its EUR30 billion DIP programme, under which the bank allows for issuance of debt explicitly designated as "Non-Preferred Senior Instruments", or junior senior unsecured debt, in the documentation. Moody's said that Erste's existing ratings and positive outlooks are unaffected by today's rating action.