Føroya Landsstýri
Moody’s Investor Service confirms the Faroe Islands’ Aa3 rating and assigns negative outlook.
Føroya Landsstýri 11.09.2013 10:59 Dissemination of a Adhoc News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Moody's Investors Service has today confirmed the Aa3 rating assigned to the Faroe Islands reflecting Moody's view that the domestic economy is resilient enough to withstand EU sanctions on Faroese herring and mackerel exports. This concludes the review for downgrade assigned to the rating on 13 August 2013. At the same time, Moody's has assigend a negative outlook to the rating to reflect the continued uncertainty around the Faroese economy. See further information in the attached press press release from Moody's, or at https://www.moodys.com/research/Moodys-confirms-the-Faroe-Islands-Aa3-rating-and -assigns-negative--PR_281913 News Source: NASDAQ OMX 11.09.2013 DGAP's 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: Føroya Landsstýri Denmark Phone: Fax: E-mail: Internet: ISIN: DK0000365792 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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