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2016-08-04 16:32:54 CEST 2016-08-04 16:32:54 CEST REGULATED INFORMATION Landsvirkjun - Company AnnouncementStandard & Poor‘s affirms Landsvirkjun‘s credit ratings and raises SACP to bb-Standard & Poor’s credit rating agency has affirmed Landsvirkjun‘s credit ratings at BBB-/A-3. The ratings apply to long- and short-term commitments with and without the guarantee of collection. Concurrently, Standard & Poor’s has raised the company’s stand-alone credit profile (SACP) to bb-from b+. The revised rating reflects the consistent strengthening in Landsvirkjun’s credit measures, in particular the success in reducing leverage . Outlook is stable. Reykjavik, August 4, 2016 For further information please contact Magnús Þór Gylfason, Director of Corporate Communications. Phone nr. +354 515 9000, email: Magnus.Thor.Gylfason@landsvirkjun.is |
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