13.01.2017

Fitch revises outlook on Iceland to positive

Fitch Ratings has revised the outlook on Iceland’s long-term foreign and local currency IDRs to positive from stable. The IDRs are affirmed at BBB+. The issue ratings on Iceland’s senior unsecured foreign- and local-currency bonds were also affirmed at BBB+. The country ceiling was affirmed at BBB+ and the short-term foreign-currency IDR and commercial paper (CP) at F2.

Fitch press release can be found here.

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