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BICRA On Slovenia Revised To Group 6 From Group 5 Feb 12
Standard & Poors, Feb 2012
Abstract
OVERVIEW Standard & Poor's lowered its sovereign credit ratings on the Republic of Slovenia to 'A+/A-1' from 'AA-/A-1+' on Jan. 13, 2012. The outlook on the long-term rating is negative. We are revising our BICRA on Slovenia to group '6' from group '5'. At the same time, we are revising our economic risk score to '5' from '4' and the industry risk score to '7' from '6'. BICRA ACTION On Feb. 8, 2012, Standard & Poor's Ratings Services said that it has revised its Banking Industry Country Risk Assessment (BICRA) on Slovenia to group '6' from group '5'. It is also revising the economic risk score to '5' from '4' and the industry risk score to '7' from '6'. RATIONALE...
Companies mentioned in this report are: Slovenia (Republic of)
Action: General Comment
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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