Site Search

DEUTSCH All Languages

Companies in the News

SpareBank 1 Nord-Norge (OSL:NONG) New Rating Following Glitnir Takeover

SpareBank 1 Nord-Norge (OSL:NONG) New rating following Glitnir takeover Rating actions regarding SpareBank 1 Nord-Norge acquiring of 20 % of Glitnir Bank ASA

Fitch Ratings and Moodys Investor service has made a review on SpareBank 1 Nord-Norge ratings after the bank's participation in a consortium comprising 20 SpareBank 1-banks that shall acquire 100 % of the shares in Glitnir Bank ASA.

Fitch have affirmed the same long-term rating (A) as previously, as have Moody's (AA3). Moody's has revised the outlook from stable to negative, while Fitch maintains an unchanged outlook. Moody's cites the risk posed by the integration process with Glitnir Bank as the rationale for its change of stance.

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

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

SpareBank 1 Nord-Norge

http://www.snn.no/

ISIN: NO0006000801

Stock Identifier: XOSL.NONG

Verbundene Unternehmen

SpareBank 1 Nord-Norge

ABN Newswire Diese Seite wurde besucht: (letzten 7 Tagen: 3) (letzten 30 Tagen: 20) (seit Veröffentlichung: 750)