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23.06.2014 22:39:00
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Carinthia, State of -- Moody's affirms State of Carinthia's A2 rating with stable outlook
Frankfurt am Main, June 23, 2014 -- Moody's Investors Service has today affirmed the State of Carinthia's A2 issuer and debt ratings following the Austrian government's decision to introduce a law to bail-in subordinated debt holders of recently nationalised Hypo Alpe-Adria-Bank International AG and declare the state's deficiency guarantees on this type of debt invalid. The outlook on the rating remains stable.
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