Moody’s lowers Hypo Alpe-Adria to Baa2

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Moody’s lowers Hypo Alpe-Adria to Baa2

Moody’s has cut Hypo Alpe-Adria-Bank International’s rating from Baa1 to Baa2, on review for possible further downgrade, after the bank announced that it expects a net loss for the financial year 2009 of more than Eu1bn.

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