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Article: Fitch sets preliminary AA to Slovenia's Abanka Vipa state-covered debt.
- Article from:
- ADP Debt News
- Article date:
- September 9, 2009
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(ADPnews) - Sep 9, 2009 - Fitch gave Tuesday an expected AA long-term rating to Slovenian bank Abanka Vipa dd's (LJE:ABKN) upcoming state-guaranteed notes.
The instrument will amount to a maximum of EUR 750 million (USD 1.09bn).
As the notes are guaranteed by the sovereign, their rating will change upon a revision of Slovenia's ratings.
Fitch said that the rating is based on information from the bank and third parties. The definitive rating depends on confirmation by final documents of data already obtained.
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