| In compliance with the Ljubljana Stock Exchange Rules and the Financial Instruments Market Act, Nova KBM d.d., Maribor, makes the following announcement: Fitch, one of the leading global rating agencies, changed the Rating of Nova KBM d.d. from BBB/F3 to BBB-/F3. The downgrades of the IDRs and Support Rating Floor of NKBM (to ‘BBB-’ from ‘BBB’) reflect downgrade of the Slovenian sovereign rating to ‘A-’ with a Negative Outlook. The list of rating actions is as follows: Long-term foreign currency IDR: downgraded to 'BBB-' from 'BBB', Short-term foreign currency IDR: affirmed at 'F3', removed from Rating Watch Negative Negative Viability Rating: downgraded to 'b-' from 'b' Support Rating: affirmed at '2', removed from Rating Watch Negative Support Rating Floor: downgraded to 'BBB-' from 'BBB', removed from Rating Watch Hybrid capital instrument: downgraded to 'CC' from 'B+', removed from RWN This announcement will be available on the Bank's website (www.nkbm.si) from 10 August 2012 onwards. | |
