Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research

Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating

Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating - S&P Global Ratings’ Credit Research
Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating
Published Sep 12, 2007
Published Sep 12, 2007
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

LONDON (Standard&Poor's) Sept. 12, 2007--Standard&Poor's Rating Services said today it assigned its 'AAA' senior unsecured debt rating to the upcoming $1.5 billion 4.5% bond maturing in September 2010 issued by the Nordic Investment Bank (NIB; AAA/Stable/A-1+). "The extremely strong capacity of NIB to honor its financial obligations in a timely manner is underpinned by the strong membership support of the eight NIB member countries, its strong liquidity position, and its very high asset quality, which lead to stable and predictable profitability," said Standard&Poor's credit analyst Sladana Tepic. NIB was founded in 1975, with the aim of strengthening and developing Nordic cooperation and promoting growth in member and non-member countries by financing long-term projects in

  
Report Type:

Ratings Action

Ticker
NIB@AU
Issuer
GICS
Asset Management & Custody Banks (40203010)
Sector
Global Issuers, Structured Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating" Sep 12, 2007. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Nordic-Investment-Bank-1-5-Billion-Bond-Due-September-2010-Assigned-AAA-Rating-601416>
  
APA:
S&P Global Ratings’ Credit Research. (). Nordic Investment Bank $1.5 Billion Bond Due September 2010 Assigned 'AAA' Rating Sep 12, 2007. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Nordic-Investment-Bank-1-5-Billion-Bond-Due-September-2010-Assigned-AAA-Rating-601416>
  
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