... implements the housing, + infrastructure, and economic development policies on behalf of the German State of Hesse. We equalize our ratings on WIBank with those on Hesse because we see an almost + certain likelihood that Hesse would support WIBank if necessary. We are therefore affirming our '##/A-1+' ratings on WIBank. + The stable outlook on WIBank reflects that on Hesse, indicating that any rating + action on Hesse will trigger a similar rating action on WIBank, all other factors remaining unchanged. FRANKFURT (S&P Global Ratings) Oct. 21, 2016--S&P Global Ratings said today that it had affirmed its '##' long-term and 'A-1+' short-term issuer credit ratings on German state development bank Wirtschafts- und Infrastrukturbank Hessen (WIBank). The outlook is stable. We equalize our ratings on WIBank with those on the bank's guarantor, the State of Hesse (##/Stable/A-1+). A guarantee framework provides for timely payment from the state on...
