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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".

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

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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