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2010-06-15 10:54:06 CEST 2010-06-15 10:55:03 CEST REGULATED INFORMATION Íbúðalánasjóður - Company AnnouncementStandard & Poor´s Lowers HFF´s Credit Rating - Negative Outlook.On June 14th, 2010, Standard & Poor´s Rating Services lowered the Housing Financing Fund´s (HFF´s) credit rating due to HFF´s decline in its CAD ratio. The long-term local and foreign currency ratings were changed to 'BB+' from 'BBB'. The short-term local and foreign currency ratings were lowered to 'B' from 'A-3'. Additionally, HFF´s rating was removed from CreditWatch but has a negative outlook. For further information, please see the attachment. |
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