30 September 2008

R&I has downgraded Iceland's Foreign Currency Issuer Rating from AA+ to AA

R&I has downgraded Iceland's Foreign Currency Issuer Rating from AA+ to AA. Because the possibility of other actions targeting the entire financial sector in the future, including additional capital injections or subrogation of debt, cannot be dismissed, R&I has also placed the rating on the Rating Monitor with a view of downgrading.

R&I's press release can be approached here

 

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