Article: Moody's puts Danish BRFkredit covered bonds on downgrade review.

(ADPnews) - Sep 15, 2009 - Moody's placed last Friday on review for possible downgrade covered bonds of Danish mortgage lender BRFkredit A/S amounting to some DKK 215.5 billion (USD 42.2bn/EUR 29bn).

Specifically, the move affected the Aa1 ratings on the DKK 78,425,182,183 covered bonds issued out of BRFkredit Capital Centre E and DKK 125,884,327,183 covered bonds issued out of BRFkredit Capital Centre B, as well as the Aa2 rating on the DKK 11,195,929,074 covered bonds issued out of BRFkredit General Capital Centre.

The securities are viewed as linked to the credit strength of the bank, particularly with regard to the probability of default, Moody's ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!