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Popular Capital Trust II PFD GTD 6.125% (BPOPM)

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25.54-0.35 (-1.35%)
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  • Moody's

    Popular North America Capital Trust I -- Moody's upgrades Popular Inc.'s long-term senior unsecured rating to Ba3 from B1, concluding review; outlook stable

    Rating Action: Moody's upgrades Popular Inc.'s long-term senior unsecured rating to Ba3 from B1, concluding review; outlook stableGlobal Credit Research - 22 Apr 2021New York, April 22, 2021 -- Moody's Investors Service, ("Moody's") has upgraded the ratings of Popular, Inc. (Popular) including the long-term senior unsecured rating to Ba3 from B1 and the ratings and assessments of its bank subsidiary, Banco Popular De Puerto Rico, including the long-term deposit rating to Baa3 from Ba1 and the standalone baseline credit assessment to ba2 from ba3. While the bank's short-term deposit rating was upgraded to Prime-3 from Not Prime, its short-term counterparty risk rating and short-term counterparty risk assessment were confirmed at Not Prime and Not Prime(cr), respectively.