Moody's assigns new Czech national scale ratings

Moody's Investors Service said it assigned seven new national scale ratings in the Czech Republic following the introduction of a national rating scale for the country. The rating scale provides a ranking of relative creditworthiness in the Czech Republic.

Long-term national scale issuer ratings of Aa1.cz were assigned to the Region of Plzensky, the Region of Ustecky and the City of Ceska Lipa. The City of Usti nad Orlici was assigned an Aa2.cz rating.

Long-term national scale issuer ratings of A3.cz and Baa2.cz were assigned to Hochtief VSB a.s. and Finep & Partners a.s., respectively, and Dablice Real, a.s. received a debt instrument senior secured national scale rating of Ba1.cz.

The outlook for each rating is stable.

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