SBB´s rating outlook revised to positive after the announcement of the intention to acquire Entra
Fitch Ratings (“Fitch”) has today upgraded the rating outlook for Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) to positive from stable, which means that SBB's new rating is BBB- with positive outlook for the company and its unsecured debt . The revision follows SBB's announced intention on 24 November 2020 to submit a voluntary public takeover bid to acquire Entra ASA. Fitch states in its report that the acquisition would reflect an expected improvement in SBB's business profile, which in combination with continued divestments of non-core properties would justify a higher rating.