Statkraft signs credit rating agreement with Fitch
Statkraft has signed a new credit rating agreement with Fitch Ratings. Fitch will provide a rating of Statkraft AS and any subsequently issued securities issued under Statkrafts's Euro Medium Term Note program. Fitch's current long term issuer default rating of Statkraft is BBB+, stable outlook.
While Standards & Poor’s will continue as a rating provider, Fitch Ratings will replace Moody’s Investor Service.
As part of Statkraft’s Performance Improvement Program, the rating services have been evaluated on a competitive basis.