Finland drops Moody’s from solicited credit ratings

By Burhan Khadbai
03 Dec 2020

Finland has cut the number of its solicited credit ratings from three to two after removing Moody’s, leaving the sovereign with scores from Fitch and S&P Global.

“The basic reasoning behind the decision is that it will have no effect on our funding ability nor capabilities as a sovereign issuer whether we have two or three solicited ratings,” Teppo Koivisto, director of finance at the Finnish treasury, told GlobalCapital. “Furthermore, in addition to Fitch and S&P ...

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