Today, the rating agency Standard & Poor’s published their downgrade of Eksportfinans ASA to BBB+ from AA. The rating is placed on credit watch negative.
The rating action follows the Norwegian Government’s decision made public on November 18, 2011, to assume responsibility for the government-supported export credit scheme that until now has been managed by Eksportfinans.
For more information, please refer to the report from Standard & Poor’s. Read the report here.
Contact information:
Chairman of the Board, Geir Bergvoll,
tel: +47 91 31 54 85, e-mail: geir.bergvoll@dnb.no
President and CEO, Gisele Marchand,
tel: +47 22 01 23 70, e-mail: gma@eksportfinans.no
EVP Director of Communications, Elise Lindbæk,
tel: +47 90 51 82 50, e-mail: el@eksportfinans.no
For more information about Eksportfinans, see www.eksportfinans.no