Inside information, 2017-12-18 15:39 CET (GLOBE NEWSWIRE) -- On 15 December 2017 international credit rating agency Moody’s has once again affirmed the credit rating of AS “Attīstības finanšu institūcija Altum” Group (hereinafter Altum Group) - Baa1 long term credit rating, stable outlook.
The assigned rating is one of the highest credit ratings assigned to corporate entities in Latvia.
AS “Attīstības finanšu institūcija Altum” as Altum Group parent company is a Latvia state-owned company ensuring access of enterprises and households to the financing resources by means of support financial instruments - loans, guarantees, investments in venture capital funds - in areas defined as important and to be supported by the state, thus developing national economy and by such way enhancing mobilisation of private capital and financial resources. In June 2017, Altum Group was assigned Baa1 long term credit rating, stable outlook, by the international credit rating agency Moody’s. AS “Attīstības finanšu institūcija Altum” bonds were listed on the regulated market on 24 October 2017 – quoted on the Baltic Bond List of Nasdaq Riga.
Laura Lapkovska
AS “Attīstības finanšu institūcija Altum” Investors Relationships division
Phone: +371 6777 4023, +371 2616 5699
E-mail: Laura.Lapkovska@altum.lv
