S&P: Oberoesterreichische view to stable

S&P said it revised its outlook on Oberoesterreichische Landesbank AG (Hypo OO) to stable from positive and affirmed the A long-term and A-1 short-term counterparty credit ratings.

The outlook revision follows the Dec. 9 outlook revision on the State of Upper Austria. The state is a controlling shareholder of the bank and guarantees some of its liabilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.