Moody's confirms KommuneKredits Aaa rating

Press release -

Moody's confirms KommuneKredits Aaa rating

Moody’s Investor Service has published their Update to Credit Opinion confirming KommuneKredit’s Aaa rating and stable outlook.

Moody’s highlights KommuneKredit’s:

  • close link to government and the joint and several liability provided by all Danish regional and local governments
  • direct oversight by sovereign, with prudent counterparty risk policies
  • the excellent asset quality
  • a stable financial performance as a result of its public policy mandate
  • strong funding and liquidity and solid capitalisation relative to its peers

The full report is attached.

For further information please contact:

CEO Jens Lundager

jlu@kommunekredit.dk

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KommuneKredit is an association, whose purpose is to provide lending to municipalities and regions and companies with a 100% municipal guarantee.

The association is the municipalities and regions own credit institution and exist solely for our clients.

Contacts

Jens Lundager

Jens Lundager

Press contact CEO +45 3369 7622

Related media

Moody's Credit Opinion dated 21 March 2019
  • Moody's Credit Opinion dated 21 March 2019
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KommuneKredit

KommuneKredit is a Danish special-purpose credit institution, providing funding for the local growth and green transition in municipalities and regions across Denmark.

KommuneKredit is an association with sustainability at its core and a strong ESG profile. Our member base consists of all Danish municipal and regional authorities. Our guarantee structure and safe business model have secured us a premium credit rating (AAA) (Aaa).

That is why we can offer municipalities and regions instant and uncomplicated access to financing of projects large or small and at the lowest possible cost. With equal opportunities and terms for all – across the entire country.

That is how it has been since 1899, when KommuneKredit first disbursed a loan. And that is the way it is today, as our dedicated employees advise on and arrange more than 2,000 loans every year.

When investors buy our bonds, we can disburse loans for purposes ranging from energy renovation of a local sports centre to the purchase of a new eco-friendly hybrid ferry, or the establishment of more sustainable district heating systems across the country.

For the benefit of ordinary citizens, for our local communities, and for an even greener future.

KommuneKredit
Kultorvet 16
DK-1175 Copenhagen K
Denmark
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