Fitch ratings has revised the Outlook on Iceland’s Long-Term foreign currency and local currency IDRs to ‘Positive ‘ from ‘Stable ‘ and affirmed the ratings at ‘BBB’ and ‘BBB+’ respectively. The issue ratings on Iceland’s senior unsecured foreign and local currency bonds are also affirmed at ‘BBB’ and ‘BBB+’. The Country Ceiling is affirmed at ‘BBB’ and the Short-term foreign currency IDR at ‘F3’.
Fitch’s press release is attached:
