Nordax Bank AB (publ) receives affirmed investment grade rating from Nordic Credit Rating (BBB, stable outlook)
Nordax Bank AB (publ) (“Nordax”) has received an affirmed investment grade rating from the rating institute Nordic Credit Rating with the rating BBB, stable outlook. To have a diversified funding structure is a cornerstone in Nordax’s funding strategy and reduces Nordax’s liquidity risk and enables it to create a larger, more optimal financing mix over time. Being an active issuer in the capital market is part of the strategy. The affirmed credit rating from Nordic Credit Rating further strengthens Nordax’s possibilities of getting hold of attractive funding and deepens Nordax’s sourcing
XMReality has received an order from Coor, a leading provider of Facility Management services in the Nordic region, for licenses of XMReality Remote Guidance. The contract is a subscription agreement with automatic renewal. The main area of use is maintenance within Facility Management and to begin with, the service will be used for the Swedish market.“This is another customer in Facility Management, an area where we are seeing increased demand. The order is thus in line with our strategic focus on becoming strong in this particular vertical. We have very recently attended one of Coor's
