30 January 2015
Fitch Revises Iceland’s Outlook to Positive; Affirms at ‘BBB’
Fitch ratings has revised the Outlook on Iceland’s Long-Term foreign currency and local currency IDRs to ‘Positive ‘ from ‘Stable ‘ and affirmed the ratings at ‘BBB’ and ‘BBB+’ respectively. The issue ratings on Iceland’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB’ and ‘BBB+’. The Country Ceiling is affirmed at ‘BBB’ and the Short-term foreign currency IDR at ‘F3’.
Fitch’s press release and report on Iceland are available here:
Fitch Ratings _ Press Release (pdf)
Iceland - Rating Action Report (pdf)