S&P affirms SBB’s investment grade rating BBB- with positive outlook
S&P Global Ratings (“S&P”) has today affirmed Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”)’s Investment grade rating BBB- with positive outlook. That means that SBB’s rating is BBB- with positive outlook for ratings on the company and its senior unsecured debt. S&P writes: “S&P Global Ratings today said that Sweden-based property company Samhällsbyggnadsbolaget i Norden (publ), or SBB, sustained its credit metrics in 2021 despite the high asset rotation. Last year, SBB (BBB-/Positive/--) continued to report positive like-for-like rental growth of 1.8% for the whole portfolio, as well