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Published on 10/26/2012 in the Prospect News Investment Grade Daily.

Moody's could cut Hewlett-Packard Bank

Moody's Investors Service said it placed Hewlett-Packard International Bank's A3 long-term bank deposit rating and the Baa1/C- standalone baseline credit assessment on review for downgrade.

The P-2 short-term deposit and backed commercial paper ratings were affirmed.

Moody's said the review for downgrade of the bank's A3 long-term bank deposit rating follows the review for downgrade on Hewlett-Packard.


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