Moody's places the ratings of Norwegian Savings Banks on review for possible downgrade
(Thomson Reuters ONE) -
Moody's Investors Service has placed the issuer and long-term debt ratings of
SpareBank 1 SMN (A1) on review for downgrade. The current expectation is
for a downgrade of up to one notch. The Bank Financial Strength Ratings, BFSR's
of C- and the P-1 short-term rating, have been affirmed.
The press release from Moody's is attached.
Contact person:
Kjell Fordal, CFO , tel. +47 970 80 656
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: SpareBank 1 SMN via Thomson Reuters ONE
[HUG#1593180]
Unternehmensinformation / Kurzprofil:
Datum: 12.03.2012 - 11:58 Uhr
Sprache: Deutsch
News-ID 123841
Anzahl Zeichen: 1212
contact information:
Town:
Trondheim
Kategorie:
Business News
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"Moody's places the ratings of Norwegian Savings Banks on review for possible downgrade"
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