Ålandsbanken
Bank of Åland Plc: Standard & Poor’s raises its credit rating on all covered bonds issued by the Bank of Åland Plc to AAA with a stable outlook
Ålandsbanken 06.05.2015 08:00 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Mariehamn, 2015-05-06 08:00 CEST (GLOBE NEWSWIRE) -- Bank of Åland Plc Stock exchange release May 6, 2015, 9.00 a.m. Standard & Poor's raises its credit rating on all covered bonds issued by the Bank of Åland Plc to AAA with a stable outlook The Standard & Poor's rating agency has revised its credit rating on covered bonds issued by the Bank of Åland Plc (Ålandsbanken Abp) according to the renewed criteria that Standard & Poor's published on December 9, 2014. The credit rating on covered bonds is being raised to AAA with a stable outlook, from the earlier AA with a negative outlook. 'Stable outlook' reflects that there is one unutilised step left on the credit rating scale in the programme. Standard & Poor's credit rating of AAA with a stable outlook now applies to all covered bonds issued both from the Bank of Åland's Swedish cover pool, as announced earlier, and from the Finnish cover pool. For further information, please contact: Peter Wiklöf, Managing Director and Chief Executive, Bank of Åland Plc, tel +358 40 512 7505 News Source: NASDAQ OMX 06.05.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Ålandsbanken Finland Phone: Fax: E-mail: Internet: ISIN: FI0009001127 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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