Moody's Investors Service has upgraded to Aaa from Aa1 the covered bond ratings issued by Eika Boligkreditt (the issuer / LT issuer rating Baa1 stable; counterparty risk (CR) assessment A3(cr)).
A more detailed description of the rating considerations can be found in the attached press release from Moody's.
Moody's upgrades Eika Boligkreditt's mortgage covered bonds: http://hugin.info/152217/R/2110493/802386.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eika Boligkreditt AS via GlobeNewswire
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