Landsvirkjun - Company Announcement

Moody‘s places Landsvirkjun‘s ratings on review for upgrade

Moody‘s Investors Service has today placed all of Landsvirkjun‘s ratings on
review for upgrade, including the Baa2 senior unsecure rating benefitting from
the guarantee of collection from the Government of Iceland and the Ba1 senior
unsecured un-guaranteed ratings. 

Today’s rating action was driven by the potential strengthening of the
Icelandic government’s credit profile, as captured by Moody’s review for
upgrade of Iceland’s Baa2 Issuer and government bond ratings on June 10, 2016. 



Reykjavik, June 13, 2016



For further information please contact Rafnar Larusson, CFO
Phone nr. +354 515 9000 or by email: rafnar@lv.is