Moody’s confirms Kungsleden’s investment grade rating as Baa3 with a stable outlook
The credit rating agency Moody’s has confirmed Kungsleden’s investment grade rating as Baa3 with a stable outlook. Several of the key figures that form the basis of the company’s credit rating improved during the past year.In June, Moody’s published a new Credit Opinion for Kungsleden, highlighting in its assessment Kungsleden’s qualitative and well-diversified property portfolio, primarily focused on offices in Sweden’s growth markets, as well as a continued improvement in its loan-to-value ratio, good liquidity coverage with a low share of short term debt, a strong interest coverage ratio