European agencies stress differences following Eksportfinans fallout [UPDATED]
- Wednesday, 30 November 2011
European agency borrowers are emphasising the differences between their support mechanisms and that of Eksportfinans, following the Norwegian export finance agency's downgrade to sub-investment grade status by Moody's Investors Service (Moody's). It has been suggested that the Eksportfinans move could call implicit sovereign guarantees into question in the minds of investors.
