Moody‘s credit rating agency has upgraded Landsvirkjun‘s ratings to Baa2 from Baa3. Concurrently, Moody’s has upgraded the company’s unguaranteed ratings to Ba1 from Ba2. All ratings have a stable outlook. The rating actions follows Moody’s upgrade for the Republic of Iceland from June 29, 2015.
Reykjavik, July 1, 2015
For further information please contact Rafnar Larusson, CFO Phone nr. +354 515 9000 or by email: rafnar@lv.is
