SRBANK: Moody's confirmed the A2 long-term senior debt rating and changed the outlook from negative to stable

On 5 March 2013 Moody's confirmed the A2/P-1 senior debt ratings of SpareBank 1 SR-Bank. All ratings now carry a stable outlook.

Extract from Moody's press release:
- long-term senior debt and deposit ratings: confirmed at A2
- subordinated debt ratings: confirmed at Baa3(hyb)
- junior subordinated debt ratings: confirmed at Baa3(hyb)
- Tier 1 hybrid ratings: confirmed at Ba1(hyb)
- short-term ratings: confirmed at P-1

The C- standalone BFSR (stable outlook), equivalent to a baa2 BCA, is not affected.
All ratings now carry a stable outlook.

Please see attached press release from Moody's for further details.

Stavanger, 5 March 2013

Contact person:
Vidar Torsøe, VP Investor Relations, tel. +47 970 80 656

 

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

About Us

SpareBank 1 SR-Bank is Norway’s second largest savings bank and operates in the Rogaland, Agder and Hordaland markets. We provide financial products and services, including loans and deposits, mutual funds and asset management, insurance and pension savings, payment and financing services, real estate brokerage and services related to the money and capital market. The head office is in Stavanger.

Subscribe

Documents & Links