London, 28 January 2013 -- Moody's Investors Service has today downgraded Eksportfinans ASA's issuer and senior debt ratings to Ba3 from Ba1. The subordinated debt and hybrid ratings were also downgraded to B2(hyb) from Ba3(hyb) and B3(hyb) from B1(hyb), respectively. The Not-Prime short-term ratings were affirmed and all long-term ratings carry negative outlooks.

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