Rating announcement

Capital and Risk management report
20-03-16 14:54 | Investor Relations

Update of solicited ratings for Nordea Hypotek and Nordea Kredit
As part of the Nordea Group’s continuous high focus on obtaining relevant ratings for its funding programmes and issuances, a review has been performed of all rating agreements in the Nordea Group. In order to be cost efficient, it has been decided to only solicit ratings from one rating agency per mortgage company. Nordea Kredit Realkreditaktieselskab (“Nordea Kredit”) and Nordea Hypotek AB (“Nordea Hypotek”) currently have ratings from both Moody’s Investors Service Ltd. (“Moody’s”) and Standard & Poor’s Credit Market Services Europe Ltd (“S&P”) of their respective bond programmes and will therefore be affected by this decision. Nordea Bank Abp will continue to be rated by both Fitch (AA-), Moody’s (Aa3) and S&P (AA-).

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