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Euro Credit: Rising Star Watch

CREDIT RESEARCH

Issuer Name

Ticker

S&P

Moody's

BANCO BPM SPA

BAMIIM

Baa3

BB+

BANCO DE CREDITO SOCIAL

CAJAMA

BB+

BANCO DE SABADELL SA (SUB)

SABSM

Ba1

BB+

BPER BANCA

BPEIM

Ba1

BBB-

COMMERZBANK AG (SUB)

CMZB

Baa3

BB+

COTY INC

COTY

Ba2

BB+

ELIS SA

ELISGP

Ba1

BBB-

EUROBANK SA

EUROB

Ba1

BB

INTERNATIONAL GAME TECH

IGT

Ba1

BB+ *+

MBANK SA

MBKPW

NR

BB+

NATIONAL BANK GREECE SA

ETEGA

Ba1

NEXI SPA

NEXIIM

Ba1

BB+

NOVO BANCO SA

NOVBNC

Ba1

PERMANENT TSB GROUP (SUB)

PTSB

Ba1

PPF TELECOM GROUP BV

PPFTEL

Ba1

BB+ *+

RENAULT SA

RENAUL

Ba1

BB+

ROLLS-ROYCE PLC

ROLLS

Ba1

BBB-

SIG COMBIBLOC PURCHASER

SIGCBL

Ba1

BBB-

UNIPOL GRUPPO SPA

UNIIM

Ba1 *+

NR

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