All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Moody’s LB Kiel tier one rating surprises market

Moody’s this week gave its clearest indication yet how Landesbanks will be rated once they are stripped of their state support mechanisms, by assigning a A3 rating to a groundbreaking tier one issue that Landesbank Schleswig-Holstein (LB Kiel) will soon launch via Lehman Brothers — a rating higher than most analysts had been predicting.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree