S&P: SBB's rating outlook revised to positive on announced acquisition of Hemfosa
S&P Global Ratings ("S&P") has upgraded Samhällsbyggnadsbolaget i Norden AB (publ)'s (“SBB” or the “Company”) ratings outlook to positive from stable, which means that SBB's new rating is 'BBB-' with positive outlook for ratings on the company and its senior unsecured debt. The positive outlook reflects the possibility of an upgrade within the next 12-24 months. S&P concludes in commenting on the upside scenario: “We would raise the ratings to 'BBB' if SBB is able to integrate Hemfosa within its portfolio, while demonstrating its capabilities to significantly improve its debt-to-debt-