Catena upgraded to ”BBB” by Nordic Credit Rating
Nordic Credit Rating (NCR) has upgraded its long-term credit rating on Catena to BBB from BBB-. The outlook is stable.15 May 2024, 2.00 p.m. CESTThe new rating reflects Catena’s strong position as one of Sweden’s largest logistics property company and Catena’s gradual shift in financial leverage during the last years. - We are pleased that NCR decides to raise Catena’s credit rating. Our targeted work has strengthened the company both operationally and financially, which the rating confirms. That gives us the opportunity to stay vigorous for continued expansion, comments David Silvesjö,