Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.
Moody’s highlights the following:
the support offered by the joint and several guarantee provided by its RLG members,
the agency's close association with the central government,
its public policy mandate and dominant franchise in Denmark,
prudent financial managem
The credit rating agency, Standard & Poor's, has announced its annual credit rating of KommuneKredit in which they confirm KommuneKredit's AAA rating. The outlook is stable.
In particular, Standard & Poor's emphasizes:
Very high credit quality in the municipal and regional sector, which is expected to continue despite the economic uncertainty in the light of COVID-19.
Strong and imp
Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.
Rating agency Standard & Poor’s has today upgraded KommuneKredit’s long-term credit rating to AAA (outlook stable). Standard & Poor’s has maintained the short-term credit rating at the highest level, A-1+.
Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.
Earlier today, rating agency Standard & Poor’s lowered its long-term issuer credit rating on KommuneKredit from AAA to AA+ (with stable outlook), while affirming its short-term credit rating at the highest level, A-1+.
Standard & Poor’s announced on 22 May 2018 that it had placed KommuneKredit “Under Criteria Observation” due to a change in the agency’s criteria for public-sector financ
KommuneKredit is a Danish special-purpose credit institution, providing funding for the local growth and green transition in municipalities and regions across Denmark.
KommuneKredit is an association with sustainability at its core and a strong ESG profile. Our member base consists of all Danish municipal and regional authorities. Our guarantee structure and safe business model have secured us a premium credit rating (AAA) (Aaa).
That is why we can offer municipalities and regions instant and uncomplicated access to financing of projects large or small and at the lowest possible cost. With equal opportunities and terms for all – across the entire country.
That is how it has been since 1899, when KommuneKredit first disbursed a loan. And that is the way it is today, as our dedicated employees advise on and arrange more than 2,000 loans every year.
When investors buy our bonds, we can disburse loans for purposes ranging from energy renovation of a local sports centre to the purchase of a new eco-friendly hybrid ferry, or the establishment of more sustainable district heating systems across the country.
For the benefit of ordinary citizens, for our local communities, and for an even greener future.
