Rating
The leading international ratings agencies Moody's and Fitch Ratings have issued the following credit assessments of HSH Nordbank:
Ratings
| Guaranteed | Unguaranteed | ||||
|---|---|---|---|---|---|
| Rating agency | Stand-alone | long-term | long-term | short-term | |
| Moody's | E (financial strength) | Aa1![]() | Baa2![]() | P-2![]() | |
| Fitch Ratings | b (viability)![]() | AAA![]() | A-![]() | F1 | |
| Rating agency | Capital Securities SPARC and RESPARC | Public Sector Covered Bonds | Mortgage Covered Bonds | Ship Covered Bonds |
|---|---|---|---|---|
| Moody's | Ca | Aa1![]() | Aa1![]() | Baa1![]() |
stable
negative outlook
under review for possible downgrade
developing
Recent publications about HSH Nordbank
| Rating agency | Detailed rating reports | Last press releases | |
|---|---|---|---|
| Moody's | Credit Opinion 01/28/2013 | 04/30/2013 | further publications |
| Fitch Ratings | Credit Analysis 08/17/2010 | 01/31/2013 | further publications |



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