ING Bank NV'S Covered Bond safe
Global rating agency Moody's today announced that the changes and amendments to the transaction documents of the ING Bank N.V. Covered Bond Programme in conjunction with the programme update, will not, in and of themselves and at this time, result in a reduction or withdrawal of the current Aaa ratings of the notes issued by the Issuer ( the "Notes").
The amendments include, but are not limited to, the following changes: changes in relation to the Prospectus Directive, increase of programme amount and adjustments to comply with SIX Swiss requirements to issue in Switzerland.
Moody's does not express an opinion as to whether amendment could have other, non credit-related effects.