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S&P follows Fitch in Greek downgrades' saga

01 July 15 - RE+D Magazine
S&P follows Fitch in Greek downgrades' saga

COMPANIES

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Standard & Poor's Ratings Services lowered its long- and short-term counterparty credit ratings on Alpha Bank, Eurobank Ergasias, National Bank of Greece, and Piraeus Bank to 'SD' (selective default) from 'CCC/C' and also lowered the issue ratings on the banks' senior unsecured debt to 'CCC-' from 'CCC'.

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