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S&P has affirmed 'AA+/A-1+' credit ratings on the Employment Fund

STOCK NEWS 29.9.2020 14.01

S&P Global Ratings has affirmed on Sept. 29, 2020, its 'AA+/A-1+' long- and short-term issuer credit ratings on The Employment Fund with stable outlook. 

Standard & Poor's equalizes its ratings on The Employment Fund with the ratings on Finland. On 4 September 2020, S&P affirmed its 'AA+/A-1+' issuer credit ratings on the Republic of Finland with stable outlook.

The Employment Fund issued on 16 June 2020 two senior unsecured bonds of EUR 600 million each. S&P Global Ratings has assigned an issue credit rating of AA+ on these Bonds.

Helsinki, 29 September 2020
The Employment Fund
Tapio Oksanen
Chief Financial Officer

Additional information:
Janne Metsämäki, Managing Director. tel. +358 40 522 3614
Tapio Oksanen, CFO tel. +358 40 539 4651

Distribution:
NASDAQ OMX Helsinki
Media
www.tyollisyysrahasto.fi

 

S&P_RatingReport_EmploymentFund_2020.pdf

Categories: Employment Fund