02:00 PM EST, 03/05/2024 (MT Newswires) -- S&P Global Ratings said Tuesday that it has corrected its rating on National Bank of Canada's ( NTIOF ) 1 billion euro floating-rate senior notes due March 6, 2026, to BBB+ from A.

On March 4, the rating agency assigned an incorrect rating to the notes.

"This error correction brings the rating on the issue into line with our ratings on bail-in-able debt," the agency said.

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