Hypo Vorarlberg ownership trumps collateral

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Hypo Vorarlberg ownership trumps collateral

Moody’s published a presale rating report for Vorarlberger Landes-und Hypothekenbank on Thursday ahead of a roadshow that is scheduled to take place next week. It suggests that the collateral is mediocre relative to its Austrian peers but research analysts point out that Hypo Vorarlberg has a solid business model and ownership structure.

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