Fitch Rates State of Bremen's EUR250m Bond 'AAA(EXP)'

April 16, 2015 11:22 AM

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(The following statement was released by the rating agency) Link to Fitch Ratings' Report: State of Bremen here FRANKFURT/PARIS/LONDON, April 16 (Fitch) Fitch Ratings has assigned the State of Bremen's EUR250m fixed-rate bond (DE000A11QJ24), due 28 October 2016, an expected Long-term local currency rating of 'AAA(EXP)'.

The senior unsecured issue will rank pari passu with all Bremen's other outstanding debt. The final rating is contingent upon the receipt of final documents conforming to information already received. KEY RATING DRIVERS The rating reflects the strong mutual support mechanisms that apply to all membe...

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