...+ We now view the wind-down of Eksportfinans as becoming more predictable as large portions of the balance sheet mature. + We are therefore raising our long-term counterparty credit rating on Eksportfinans to '###+' from '###'. + The stable outlook reflects our view that the wind-down of Eksportfinans is likely to proceed in an orderly fashion. STOCKHOLM (S&P Global Ratings) Nov. 28, 2016--S&P Global Ratings today raised its long-term counterparty credit rating on Eksportfinans ASA to '###+' from '###'. The outlook is stable. At the same time, we affirmed the 'A-2' short-term rating. The upgrade reflects the diminishing likelihood of nonpayment of Eksportfinans' senior creditors following significant reductions in outstanding debt during 2016. We now consider an orderly wind-down of Eksportfinans to be more likely. The strengthened capital and leverage support our stable outlook for the issuer credit rating. In particular, we have revised Eksportfinans' business position to moderate from...
