Fith Ratings (”Fitch”) has today affirmed Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”)’s Investment grade rating BBB- with stable outlook and has assigned SBB a short-term ‘F3’ rating (F3 is an investment grade rating for commercial paper (debt with maturity shorter than 364 days).
SBB plans to launch a Euro Commercial Paper Programme next week. Fitch continues to emphasize SBB’s strong and secure cash flows and strong liquidity position.
”Given the strong short term ratings from both Fitch and S&P, we are broadening our sources of finance on the liquid European market. Our goal and commitment to achieve and maintain a BBB+ rating within the next 12 months remains firm”, says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, [email protected]