Moody's upgrades FHB's covered bonds to Baa2
London, 07 November 2016-- Moody's Investors Service has upgraded to Baa2 from Ba1 the covered bonds issued by FHB Mortgage Bank Co. Plc.. This rating action concludes the review for downgrade of the covered bonds. The upgrade of the covered bonds followed the upgrade of the CR assessment of the issuer to B1 from B2, and the sovereign rating of Hungary to Baa3 from Ba1.
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