S&P confirms SBB's investment grade rating - SBB sees the possibility of a rating upgrade of S&P in connection with the Q4 report
S&P Global Ratings (“S&P”) has today confirmed Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”)'s investment grade rating BBB- with stable outlook. An upside scenario also determines which criteria must be met in order to be upgraded to BBB. SBB can ascertain that as expected the company already meets these criteria, which will be confirmed in connection with the report for the fourth quarter. To be upgraded to BBB, SBB is required, according to S&P’s definition, to maintain an adjusted net debt in per cent of adjusted net debt plus equity (debt to debt plus equity) below 55 per cent,