...+ We now consider that the wind-down of Eksportfinans is becoming more predictable as large portions of the balance sheet mature. + We are therefore raising our counterparty credit ratings on Eksportfinans to '###/A-2' from '###-/A-3'. + The positive outlook reflects our view that further clarity on the orderly wind-down of the entity could be achieved over the coming quarters as a significant portion of outstanding debt matures. STOCKHOLM (Standard & Poor's) Feb. 29, 2016--Standard & Poor's Ratings Services today raised its long- and short-term counterparty credit ratings on Norway¡based Eksportfinans ASA to '###/A-2' from '###-/A-3'. The outlook remains positive. The upgrade reflects our view of the diminishing likelihood of nonpayment of Eksportfinans' senior creditors. Further maturity of structured debt with unknown maturity and the successful management of the reductions in the balance sheet have improved the stability of the wind-down, in our view. We now consider that an orderly...
