Moody´s affirms Fabege rating Baa2, negative outlook
In November 2022 Moody´s affirmed Fabege rating Baa2 but changed outlook from stable to negative. Moody´s has now affirmed unchanged rating, i.e Baa2, negative outlook.Fabege has been active on the capital market for many years via commercial paper and bonds. Fabege´s balance sheet continues to be strong with a high equity ratio and a low loan-to-value ratio. Fabege´s focus on the Stockholm market with a modern portfolio in attractive locations and stable customers guarantees continued stability in business. “For Fabege it is important to make investors aware of our high quality and our
Fazer Confectionery withdraws a batch of Karl Fazer Crunchy 55 g chocolate countlines as the products may include lubricant that is used on the production line of the aforesaid product. The lubricant in question is approved for use in the production of food products and for occasional contact with food products. An upper limit for the concentration of the lubricant in food products has been set. As it is not possible to verify the concentration of the lubricant in the products by analysis, the products are withdrawn as a precaution. The lubricant is tasteless and odourless, and hence it is
