ARC RATINGS TAKES VARIOUS RATING ACTIONS ON THE RATINGS ACCORDED TO THE TRANCHES OF THE SENIOR FINANCIAL GUARANTEE PROVIDED BY NATIONAL WESTMINSTER BANK PLC, RELATING TO THE CREDIT LINKED NOTES ISSUED BY NIGHTINGALE CRE 2018-1 LIMITED

Stay informed via our mailing list

subscribe

London, 22 November 2021 – ARC Ratings (UK) Limited (ARC) affirms the final, long-term public rating of ‘BBB+(sf)’ accorded to Tranche D and concurrently upgrades the final, long‑term public rating accorded to Tranche A, to ‘AAA(sf)’ from ‘AA+(sf)’, Tranche B, to ‘AA(sf)’ from ‘AA-(sf)’, and Tranche C, to ‘A+(sf)’ from ‘A(sf)’, of the Senior Financial Guarantee provided by National Westminster Bank PLC; all with stable outlook.

The above ratings relate to the credit risk the Guarantor is exposed to on the Reference Portfolio.

Documents

NIGHTINGALE CRE 2018-1 LIMITED: Press release

22 Nov 2021

Analytical

Business Development

Latest ratings