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Moody‘s upgrades Landsvirkjun´s ratings

July 2, 2015
Moody´s corporate headquarters in New York. Photo courtesy of Reuters

Moody‘s credit rating agency has upgraded Landsvirkjun‘s ratings to Baa2 from Baa3. Concurrently, Moody’s has upgraded the company’s unguaranteed ratings to Ba1 from Ba2. All ratings have a stable outlook. The rating actions follows Moody’s upgrade for the Republic of Iceland from June 29, 2015.

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