Fitch Rating, 2015-09-24 11:43 CEST (GLOBE NEWSWIRE) -- Fitch Ratings has issued the company‘s full ratings report on Orkuveita Reykjavikur (Reykjavik Energy – RE). The report holds information for investors but does not include a new rating action. In February 2015, Fitch Ratings published RE‘s long-term Issuer Default Rating of ‘BB-‘ with stable outlook. The standalone rating was two notches higher than Moody’s issued in December 2014. Fitch Rating‘s next rating action regarding RE is to expected in the fall but the report, issued today, is based on RE‘s consolidated financial statements H1 2015, published August 24th 2015.
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