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BULLETIN: Upgrade of Kingdom of Sweden Long-Term Foreign-Currency Ratings to 'AAA' Feb 04
Standard & Poors, Feb 2004
Abstract
STOCKHOLM (Standard & Poor's) Feb. 16, 2004--Standard & Poor's Ratings Services said today that today's upgrade of the Kingdom of Sweden long-term foreign-currency ratings to 'AAA' would not result in any immediate change in the ratings or outlooks on the 11 municipalities and two county councils in Sweden rated by Standard & Poor's. (For further information on the Kingdom of Sweden upgrade, see today's media release entitled Kingdom of Sweden Long-Term Foreign Currency Ratings Raised to 'AAA'; Outlook Stable, published on RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com). Although Swedish municipalities and county councils benefit from intergovernmental support, which is factored into the ratings, Standard & Poor's evaluates the combined risk, and therefore also takes into consideration...
Companies mentioned in this report are: Vattenfall AB,Sweden (Kingdom of),Swedish Export Credit Corp.,Nordea Bank Norge ASA,Nordea Bank Finland PLC,Nordea Bank Sweden AB,SBAB Bank AB,Nordea Bank Danmark A/S,TeliaSonera AB,Apoteket AB,Akademiska Hus AB,Vasakronan AB,Specialfastigheter Sverige AB,Nordea Bank AB
Action: Bulletin
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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