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Moody’s to Examine Hypo Pfandbriefe

Published: August 1, 2013; 16:20 · (Vindobona)

The Aa2-Rating of Pfandbriefe of Hypo Group without governmental guarantee are under observation. This is because of the insecurity of the final decision of the EU Commission about the restructuring plan.

Moody’s to Examine Hypo Pfandbriefe / Picture: © Moody's Investors Service, Inc. - Annual Report 2013

Rating agency Moody’s has placed the Aa2 rating of the Pfandbriefe withouth governmental guarantee of Hypo Alpe Adria Group under observation due to the insecurity concerning the final decision of the EU Commission about the restructuring plan, according to an announcement by Moody’s on Thursday. The Austrian government has handed in a restructuring plan at the end of June to…

This article includes a total of 245 words.

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