S&P has revised SBB’s outlook to Positive
S&P Global Ratings (“S&P”) has today revised Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”)'s rating outlook to Positive from Stable. The positive outlook reflects S&P’s view that the ratings on SBB could be raised to BBB within 12 months. To be upgraded to BBB, SBB is required, according to S&P’s definition, to maintain an adjusted net debt in per cent of adjusted net debt plus equity (debt to debt plus equity) below 55 per cent, an interest coverage ratio (EBITDA interest cover) over 3x and a debt / equity ratio in relation to EBITDA (debt to EBITDA) at 15-16x. S&P states in its