iShares International Inflation-Linked Bond ETF Fund Credit Quality Rating Lowered To 'BBB+f'

NEW YORK (Standard&Poor's) May 27, 2015--Standard&Poor's Ratings Services today lowered its fund credit quality rating on the iShares International Inflation-Linked Bond ETF to 'BBB+f' from 'A-f'. At the same time, we affirmed the 'S4' volatility rating on the fund. We lowered the fund credit quality rating on the iShares International Inflation-Linked Bond ETF due to its increased exposures to issues rated in 'BBB' category, which have weakened the fund's overall credit quality in our fund credit quality matrix. The fund seeks to track the investment results of an index composed of inflation-linked non-U.S. sovereign debt. The underlying index includes debt issued by countries, excluding the U.S., that: Have at least $2 billion outstanding face value in

...NEW YORK (Standard & Poor's) May 27, 2015--Standard & Poor's Ratings Services today lowered its fund credit quality rating on the iShares International Inflation-Linked Bond ETF to '###+f' from 'A-f'. At the same time, we affirmed the '##' volatility rating on the fund. We lowered the fund credit quality rating on the iShares International Inflation-Linked Bond ETF due to its increased exposures to issues rated in '###' category, which have weakened the fund's overall credit quality in our fund credit quality matrix. The fund seeks to track the investment results of an index composed of inflation-linked non-U.S. sovereign debt. The underlying index includes debt issued by countries, excluding the U.S., that: + Have at least $2 billion outstanding face value in index qualifying debt at initial inclusion and maintain at least $1 billion outstanding face value in index qualifying debt; + Have not defaulted on any of their sovereign debt (including non-inflation-linked debt and debt that is...

Ratings Action