14.02.2013

Fitch Upgrades Iceland to BBB; Outlook Stable

Fitch Ratings has upgraded Iceland’s Long-term foreign currency Issuer Default Rating (IDR) to ‘BBB’ from ‘BBB-‘ and affirmed its Longterm local currency IDR at ‘BBB+’.

The agency has affirmed the Short-term foreign currency IDR at ‘F3’ and upgraded the Country Ceiling to ‘BBB’ from ‘BBB-‘. The Outlooks on the Long-term IDRs are Stable.

See the press release from Fitch here:

Iceland Fitch Press Release 14 February 2013.pdf

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