Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research

Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable

Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable - S&P Global Ratings’ Credit Research
Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable
Published Mar 13, 2025
4 pages (1643 words) — Published Mar 13, 2025
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

One or more of the Credit Ratings referenced within this article was assigned by deviating from S&P Global Ratings' published Criteria. We have raised our ratings on Kommunalkredit Austria (KA) AG's public sector covered bond program and all related issuances to 'AA-' from 'A+'. The upgrade follows a decrease in the cover pool's exposure to swaps without an S&P Global Ratings replacement framework. Our outlook on the covered bond ratings is stable, reflecting the stable outlook on Kommunalkredit Austria AG's issuer credit rating. FRANKFURT (S&P Global Ratings) March 13, 2025--S&P Global Ratings today raised its ratings to 'AA-' from 'A+' on Kommunalkredit Austria AG's public sector covered bond program and all related issuances. One or more of the credit ratings

  
Brief Excerpt:

...March 13, 2025 One or more of the Credit Ratings referenced within this article was assigned by deviating from S&P Global Ratings' published Criteria....

  
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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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable" Mar 13, 2025. Alacra Store. May 16, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Kommunalkredit-Austria-AG-Public-Sector-Covered-Bonds-Ratings-Raised-To-AA-Outlook-Stable-3351710>
  
APA:
S&P Global Ratings’ Credit Research. (). Kommunalkredit Austria AG Public Sector Covered Bonds Ratings Raised To 'AA-'; Outlook Stable Mar 13, 2025. 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-Ratings-Raised-To-AA-Outlook-Stable-3351710>
  
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