Yesterday Moody's announced the following regarding SpareBank 1 SR-Bank's rating:

 

- A1 long-term deposit, senior unsecured and issuer ratings on review for possible downgrade;

- A2 subordinate ratings on review for possible downgrade;

- A3 preferred stock ratings on review for possible downgrade;

- Prime-1 short-term deposit rating affirmed.

 

Moody's confirm that their press release does not deal with possible implications for the Norwegian covered bond ratings.

 

Contact person at SpareBank 1 SR-Bank

 

Director Capital Markets Stian Helgøy, +47 906 52 173

Investor Relations Manager Kyrre M. Knudsen, + 47 938 83 518