Nobina obtains investment grade credit rating from Fitch (BBB-, stable outlook)
Nobina AB, the leading bus operator in the Nordic region, has received an investment grade credit rating of BBB- with a stable outlook from the international credit rating agency Fitch Ratings.Fitch Ratings states that Nobina’s credit rating reflects the company’s “leading position in the Nordic public transport sector by bus with favorable market dynamics, operations under long-term contracts with limited market risk, track record of contract migration and fleet management and stable and predictable cash flow generation.” “The BBB- rating reflects Nobina’s financial situation and