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Moody's Downgrades Sparebanken More's Rating


Thursday, 6 Dec 2012 09:19am EST 

Sparebanken More announced that it was placed on review for downgrade by Moody's on the March 9, 2012. The rating company signaled an expectation for a downgrade of up to two notches. On December 6, 2012, Moody's downgraded Sparebanken More's long-term debt and deposit ratings by one notch from A2 with negative outlook to A3 with stable outlook. Sparebanken More's standalone credit assessment has been adjusted from C-/baa1 to C-/baa2. 

Company Quote

208.0
0.5 +0.24%
5:33am EDT