ANZ comments on S&P outlook change

ANZ today confirmed Standard & Poor’s decision to revise the outlook on the Commonwealth of Australia has resulted in a change in the credit rating outlook of ANZ and its strategically important entities* along with the other major Australian banks from stable to negative

S&P reaffirmed ANZ’s ‘AA-’ long-term and ‘A-1+’ short term issuer credit ratings and stated the stand-alone credit profile of ANZ remains unchanged.

The ratings outlook change has not impacted the ratings of hybrid or subordinated debt issued by ANZ.

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