Improved ratings outlook from Moody's

Improved ratings outlook from Moody's

ID: 42120

(Thomson Reuters ONE) -


Moody's Investor Service has changed its ratings outlook on SpareBank 1
Nord-Norge from negative to stable.  The change in outlook covers the bank's A1
long term debt and deposit rating, and the C Bank Financial Strength Rating
(BFSR).  The outlook on the bank's subordinated debt and hybrid instrument
ratings were also changed from negative to stable. The Prime?1 short?term rating
was affirmed.


SpareBank 1 Nord-Norge is satisfied by the revised ratings outlook from Moody's
which is considered to be the result of - among other factors - the good quality
in the bank's loan book and good financial performance over time.

Please find the full press release from Moody's attached.


Contact person at SpareBank 1 Nord-Norge:
CFO Rolf Eigil Bygdnes +47 905 19 774

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


[HUG#1443762]





Improved ratings outlook from Moody:
http://hugin.info/147/R/1443762/387705.pdf




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 Nord-Norge via Thomson Reuters ONE




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Bereitgestellt von Benutzer: hugin
Datum: 10.09.2010 - 09:56 Uhr
Sprache: Deutsch
News-ID 42120
Anzahl Zeichen: 0

contact information:
Town:

Tromsø



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 195 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Improved ratings outlook from Moody's"
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SpareBank 1 Nord-Norge (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Lower Tier 2 subordinated loan issue; NOK 100 mill ...

SpareBank 1 Nord-Norge issue NOK 100 million in a Lower Tier 2 subordinated note with an end maturity of 10 years, callable 15 December 2014. SpareBank 1 Nord-Norge and SpareBank 1 Nord-Norge Securities are the joint lead managers and bookrunners for ...

Financial calendar 2010 ...

SpareBank 1 Nord-Norge intends to present its financial reports in 2010 according to the following plan: Preliminary Annual Accounts 2009: 11 February 2010 Supervisory Board: 17 and 18 March 2010 1st Quarter 2010 ...

Mandatory Notification Of Trade ...

Gunnar Kristiansen, deputy for employees` representatives in main board, has on 18 November 2009 bought 269 PCCs in SpareBank 1 Nord-Norge at a price of NOK 106.00 per PCC. New total holding 5000 NONG. This announcement was originally distributed b ...

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