Moody's Investors Service has placed Kaupthing's Aaa rated covered bonds on review for possible downgrade. The rating action follows Moody's decisions to review for possible downgrade Kaupthing's A1 long-term rating, P-1 short-term rating and C- bank financial strength rating ("BFSR"). Further information: Jónas Sigurgeirsson - Chief Communications Officer, +354 444 6112. About Kaupthing Bank Kaupthing Bank is a Northern European bank offering integrated financial services to companies, institutional investors and individuals. These services include corporate and retail banking, investment banking, capital markets services, treasury services, asset management and comprehensive wealth management for private banking clients. The Bank operates in all the Nordic countries, as well as an ever-growing number of countries throughout Europe, the Middle East and the United States. www.kaupthing.com
Moody's places Kaupthing covered bonds rating on review for possible downgrade
| Source: Kaupthing Bank