Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed - S&P Global Ratings’ Credit Research

Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed

Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed - S&P Global Ratings’ Credit Research
Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed
Published May 11, 2020
3 pages (1433 words) — Published May 11, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

On April 29, 2020, we revised our economic risk trend to negative from stable under our Austrian Banking Country Risk Assessment since we believe the economic impact from the COVID-19 pandemic in Austria could be significant. We have revised to negative from stable the outlook for our ratings on Kommunalkredit Austria AG's public sector covered bond program and related issuances. At the same time, we have affirmed our 'A' ratings on the covered bonds. The negative outlook reflects our view of the creditworthiness of the issuer. MADRID (S&P Global Ratings) May 11, 2020--S&P Global Ratings today revised to negative from stable the outlook on the public sector covered bond bonds issued by Kommunalkredit Austria AG to reflect downside risks to

  
Report Type:

Ratings Action

Issuer
Kommunalkredit Austria AG
Sector
Global Issuers, Structured Finance
Country
Austria
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed" May 11, 2020. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Kommunalkredit-Austria-AG-Public-Sector-Covered-Bonds-Outlook-Revised-To-Negative-A-Ratings-Affirmed-2428351>
  
APA:
S&P Global Ratings’ Credit Research. (). Kommunalkredit Austria AG Public Sector Covered Bonds Outlook Revised To Negative; 'A' Ratings Affirmed May 11, 2020. New York, NY: Alacra Store. Retrieved May 16, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Kommunalkredit-Austria-AG-Public-Sector-Covered-Bonds-Outlook-Revised-To-Negative-A-Ratings-Affirmed-2428351>
  
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