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Kommunalkredit terminates covered bond rating agreement with Moody‘s; Covered bonds continue to be rated by S&P

Published: November 24, 2017; 16:33 · (Vindobona)

Kommunalkredit Austria AG (Kommunalkredit) announces to terminate the agreement with Moody's Rating Agency on the rating of covered bonds with, currently rated at "Baa1".

The rating agreement with Standard & Poor's (S&P) remains unchanged. S&P currently rates Kommunalkredit's covered bonds "A" (stable); this rating was awarded for the first time on 13 June 2017.

Further inquiry note:
Kommunalkredit Austria AG
Martin Hehemann, Head of Corporate Communications
T +43 (0)1/31 6 31-532 or +43 (0)664/80 31631 532

This article includes a total of 164 words.

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