Finland drops Moody’s from solicited credit ratings

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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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