EANS-Adhoc: Kommunalkredit terminates covered bond rating agreement with Moody‘s; Covered bonds continue to be rated by S&P

Vienna - (Vienna, 24.11.2017) -

Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

Company Information
24.11.2017

Kommunalkredit Austria AG (Kommunalkredit)
announces to terminate the agreement with Moody's Rating Agency on the rating of covered bonds with, currently rated at "Baa1"

The rating agreement with Standard & Poor's (S&P) remains unchanged. S&P currently rates Kommunalkredit's covered bonds "A" (stable); this rating was awarded for the first time on 13 June 2017.

end of announcement euro adhoc

issuer: Kommunalkredit Austria AG
Türkenstraße 9
A-1092 Wien
phone: +43 1 31 6 31
FAX: +43 1 31 6 31 105
mail: info@kommunalkredit.at
WWW: www.kommunalkredit.at
ISIN: -
indexes:
stockmarkets: Luxembourg Stock Exchange, Wien, SIX Swiss Exchange language: English

Digital press kit: http://www.ots.at/pressemappe/409/aom

Rückfragen & Kontakt:

Kommunalkredit Austria AG
Martin Hehemann, Head of Corporate Communications
T +43 (0)1/31 6 31-532 or +43 (0)664/80 31631 532
m.hehemann@kommunalkredit.at

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | EAE0001